Every year since 2005, Booz & Company has conducted the Global Innovation 1000 study, which investigates the relationship between what companies spend on R&D and their overall financial performance—and every year, the firm reinforces the conclusion that there is no correlation between the two. Over the years, Booz & Company has expanded the scope of the study to include critical issues such as the importance of customer-driven innovation and the recession's effect on R&D spending. At the Consulting Summit in New York on Oct. 24, John Loehr, Global Leader of Booz & Company's Innovation Practice and co-author of the innovation study, will present the just released and proprietary findings of the study in his presentation: "Inside the Numbers: The 2013 Booz & Company Global Innovation 1000 Study." Loehr sat down with Consulting One on One to discuss his upcoming presentation.
Consulting: What are the key historical trends you've uncovered since launching the study nine years ago?
