McKinsey Research Studies the Reallocation of Tech R&D Expenditures By Large Companies
McKinsey & Co. has polled senior executives at businesses that generate more than $1 billion in revenues to examine the levels of their organizations’ research and development reallocation. Data from the research shows that annual R&D budget shifts range between 12.7 percent and 13.7 percent, on average, regardless of a firm’s innovation performance, McKinsey said. […] More