A recent study (400 companies) on global innovation by Booz & Company found that the most innovative companies (seven out of 10 top innovators) were not necessarily the biggest spenders on innovation.

The top 10 innovators are:

  1. Apple
  2. Google
  3. 3M
  4. GE
  5. Toyota
  6. Microsoft
  7. P&G
  8. IBM
  9. Samsung
  10. Intel

Building right innovation capabilities not mere Spending

What matters is the ability to develop the correct innovation capabilities. These capabilities should match with the overall business strategy.

Building right innovation capabilities