Using proprietary data from National Science Foundation surveys, Anne Marie Knott has devised a new measure — the Research Quotient (RQ) — to test some of the most-used and most-popular innovation prescriptions out there .
What does she find?
Many of these prescriptions don’t work and actually make firms worse. Knott provides some concrete advice for ways to reverse the damage; good news for managers and shareholders, not to mention anyone interested in overall economic growth.
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