![cover of the book How Innovation Really Works](/covers/files_200/2722000/3a7fb912ff3612119f5fea0272eab604-g.jpg)
Ebook: How Innovation Really Works
Author: McGraw-Hill Education., Knott Anne Marie
- Tags: Innowacje, Innowacje--zarządzanie, Innowacje -- zarządzanie, Innowacje -- studium przypadku
- Year: 2017
- Publisher: McGraw-Hill Education
- City: New York etc
- Language: English
- epub
Are you spending too much on R&D? Too little? Is your innovation program successful? And how do you measure that success?
Your company is spending millions on R&D every year, but despite your best efforts, that R&D isn't driving growth. If you're like 95% of firms, you aren't investing the right amount, and the productivity of your R&D has fallen dramatically over the past several years. That's because there hasn't been a universal, uniform, and reliable measure of R&D—until now.
First introduced in Anne Marie Knott's influential Harvard Business Review article, RQTM (Research Quotient) is a revolutionary new tool that measures a company's R&D capability—its ability to convert investment in R&D into products and services people want to buy or to reduce the cost of producing these. RQ not only tells companies how "smart" they are, it provides a guide for how much they should invest in R&D to ensure that...