Beyond Borders: The Global Innovation 1000
This year’s annual Booz & Company study of corporate R&D spending reveals, for the first time, where in the world the money is being spent — and why.
As business becomes increasingly global, corporate innovation strategies are becoming more global as well.
Some of the statements that are justified in the report are the following:
Fully 91 percent of the world’s 1000 largest R&D spenders conducts innovation activities outside the countries in which they are headquartered
Five years from now, you’ll see some leading technology being developed first in India or China and flowing back to West.
It is difficult for researchers in Palo Alto or Cupertino to imagine a need for a keyboard for India’s 23 different languages
You can read the article here