Booz Allen Hamilton’s second annual global innovation survey promises to continue last year's debate on the link between R&D spending and corporate performance.
Piling on top of the recent release of the innovation scoreboard from the Department of Trade and Industry in the UK, with its assumption that spending on R&D is A Good Thing, Booz Allen Hamilton’s second annual global innovation survey tells us that "a group of 94 “high-leverage innovators,” including Toyota, Apple, Christian Dior, Google and Caterpillar spend less than their competitors on research and development, yet consistently outperform their industry rivals across a broad set of performance measures".
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