Have you ever tried to understand what an Innovation Platform is? Do we really need an Innovation Platform in the business? What is its position and function in the business system? In this post, we’ll try to answer these questions. As we have already proved in our previous blog (You can’t buy yourself an innovation), the innovation level of a company is not correlating with the R&D expenses. Here, we want to use the same data and look at this from a bit different angle. The top 40 innovative companies We picked 40 of some of the best and well-known…

The expenses on R&D is the most popular indicator of company innovation level. And many organizations are following that. They dump money on R&D with the hope to innovate more. But the question is, Is there a correlation between innovation rank and R&D expenses? There is a lot of related information you can find on the web, we, however, made our own analysis that confirmed that high R&D spending does not mean high innovation level of a company. In short, you can’t buy yourself an innovation. High innovation rank at low R&D cost should be the preferable target for a…