Everyone’s pushing hard for innovation in science, technology, logistics and business planning but how do you know you’re getting the best return on your investment?
Global R&D spending reached US$1.6 trillion in 2014, about half of the estimated total spend on all innovation activity worldwide. While the private sector accounts for the largest share of this investment, governments are also significant players as they search for innovative ways to optimise economic growth and development. But are organisations – private or otherwise – getting the best return on investment in science, technology and innovation, and how can they analyse whether it’s money well spent?
