Business https://refractor.io/tag/business/ Business en-AU Sun, 22 Nov 2009 17:47:12 GMT Corporate R&D spend up despite global recession https://refractor.io/science/corporate-r-d-spend-up-despite-global-recession/ The survey affirmed the critical importance of innovation to corporate strategies

Despite (or because of) the global financial crisis, a survey by global management consulting firm Booz & Company has shown that the top 1,000 public corporate research and development spenders increased their outlay in 2008. While sales were up only 6.5 percent, R&D expenditure rose 5.7 percent to US$532 billion with leading companies recognizing the importance of focusing on R&D in order to be in a position to take advantage of competitors in the coming upturn.

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]]> Sun, 22 Nov 2009 17:47:12 GMT https://refractor.io/science/corporate-r-d-spend-up-despite-global-recession/ Jude Garvey