Booz & Company’s ninth annual study of innovation trends and spending shows that the world’s 1,000 largest public corporate R&D spenders invested US$638 billion in innovation this year, the highest level ever. But like those of previous years, the 2013 study demonstrates that it is not how much companies spend on research and development that determines success—what really matters is how companies invest those R&D funds in capabilities, talent, processes, and tools.

This year’s study examines in depth the digital enablers of the innovation process: how the most successful companies are—and aren’t—using digital tools and processes to improve their efforts.

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www.booz.com/global/home/what-we-think/global-innovation-1000




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