The $250 Billion R&D Problem

Truly disruptive innovation has never been an easy job. Along the journey of bringing a breakthrough to market, there are many pitfalls that can quickly strand the new venture, investment, and innovation spirit of those leading the project inside the corporate walls. Within corporate global innovation, there is no lack of investment. The world’s largest corporations spent $680 billion on R&D in 2016 and that spend has been growing nearly 5% annually over the past 11 years, according to…