The Daily Stat: Twice the R&D Budget Doesn't Get You Twice the Innovations

Are you having trouble viewing this email? If so, click here to see it in a web browser. HOME   |   BLOGS   |   THE MAGAZINE   |   BOOKS   |   AUTHORS   |   STORE RSS   |   Mobile AUGUST 3, 2011 Twice the R&D Budget Doesn't Get You Twice the Innovations Doubling R&D spending leads to just a 22.5% increase in new-product announcements, according to research led by Marco Corsino of the University of Bologna in Italy. The study, of 95 companies in semiconductor and related industries, also shows diminishing returns from bigness: Doubling a company's size triggers just a 31.3% increase in innovations. Source: R&D, Firm Size and Incremental Product Innovation Share Today's Stat: FEATURED PRODUCT The Innovator's DNA: Mastering the Five Skills of Disruptive Innovators HBR Press Book Some people are just natural innovators, right? With no apparent effort, they discover ideas for new products, services, and entire businesses. It may look like innovators are born, not made. But according to Jeffrey Dyer and Hal Gregersen, and Clay Christensen anyone can become more innovative. How? Master the discovery skills that distinguish innovative entrepreneurs and executives from ordinary managers. ADVERTISEMENT Follow the Stat: BEST SELLERS HBR's 10 Must Reads: The Essentials HBR's Must Reads Library Set Guide to Persuasive Presentations Guide to Better Business Writing Guide to Getting the Right Work Done PREVIOUS STATS Job Seekers Willing to Take Losses on Homes and Relocate Why Rising Gas Prices Make Us Thinner Schooling Increases Your IQ Year by Year For Successful Artists, It Matters When You Die Rich Parents Withhold Asset Details from Kids Gas Is More Expensive in Poor Neighborhoods People Born in Economic Booms Live Longer China Exempts More from Taxes to Ease Income Gap Many Waitstaffers Say Tips Don't Reward Service Where Your Buttons Come From Free HBR Interactive issue Download the iPad app HBR Reads, and get your issue with audio and video interviews and multimedia slideshows. Learn more » UNSUBSCRIBE   |   UPDATE YOUR PROFILE   |   MORE EMAIL NEWSLETTERS   |   PRIVACY POLICY Was this email forwarded to you? If so, sign up to start receiving your own copy. ABOUT THIS MAILING LIST You have received this message because you subscribed to the "The Daily Stat" email newsletter from Harvard Business Review. If at any point you wish to remove yourself from this list, change your email address, or sign up for other email newsletters and alerts, please visit the Harvard Business Review Email Newsletter Preference Center. OPT OUT If you do not wish to receive any email messages from Harvard Business Review, click here. ADVERTISE WITH HBR This enewsletter is read by thousands of decision makers every day. Learn more about connecting your brand with this audience. Copyright © 2011 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing | 60 Harvard Way | Boston, MA 02163 Customer Service: 800-545-7685 (+1-617-783-7600 outside the U.S. and Canada)