Infographic

Why R&D Spending has Almost No Correlation to Innovation

Why R&D Spending has Almost No Correlation to Innovation

A newly released infographic by Visual Capitalist shows that while the US leads in the amount of dollars spent on research and development ($463 billion), it only came in fourth place with the percentage of GDP spent on R&D (2.79 percent), just over half of the GDP percentage invested by South Korea. Beyond Korea, the US is trailing Japan and Germany.

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Creating a Culture of Innovation in Business

Any business that wishes to survive​ ​(​​and thrive)​ ​in today’s constantly changing business environment must continuously evolve its processes, operations, strategies and product/service offerings. Fortunately, many business leaders in America appreciate and value innovation as an essential element of business. Because of this, many businesses across America spend millions of dollars every year trying to cultivate a culture of innovation.  ...

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