How innovation really works (book)
By Administrator | 11 October 2017
Author: Anne Marie Knott
An essential guide to determining which R&D investments are most likely to drive growth, increase profits, and produce innovative products. Using a new measure, called Research Quotient (RQ), professor Anne Marie Knott tests many of the most popular innovation prescriptions using proprietary data from National Science Foundation (NSF) surveys of company R&D practices. Many of the most popular prescriptions don't work. Not only do they fail to improve innovation, in many cases they actually make firms worse! Thus the popular prescriptions are actually contributing to the decline in firm innovativeness. RQ changes that by offering a "Sabremetrics for R&D". Just as Sabremetrics improved the productivity of baseball teams, the hope for RQ is it will reverse the decline in companies' R&D productivity. This book will show you how.
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