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Money Isn’t Everything
The results of a recent study of the Booz Allen Hamilton Global Innovation 1000 — the 1,000 publicly held companies from around the world that spent the most on research and development in 2004 — may provoke a crisis of faith. The study,a comprehensive effort to assess the influence of R&D on corporate performance, suggests that nonmonetary factors may be the most important drivers of a company’s return on innovation investment.
Link
http://www.strategy-business.com/media/file/resilience-12-05-05.pdf