A significant number of organizations, and therefore their R&D operations, have gone through a major transition since the economic collapse in 2008/2009. For most companies, this means doing more with fewer staff, a shorter-term business focus and a risk-averse business culture. In climbing out of this economic decline, both industry and government are focusing on putting growth back on the agenda, encouraging more R&D and innovation, and aligning portfolios with their business strategies and the new realities.
For these reasons, companies are examining the merits of a growth-focused agenda, and putting risk-taking back into their business strategy to retain a competitive advantage.
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