High-Leverage Innovation, Part Two

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strategy+business/Knowledge@Wharton Podcasts

Business


Money isn't the key to successful innovation. In fact, many companies spend far less than their competitors on R&D to achieve far better performance. To learn why that's the case, strategy+business and Knowledge@Wharton spoke with Kevin Dehoff, a partner at Booz & Company, and Karl Ulrich, Wharton professor of operations and information management. In this second part of a three-part series, Dehoff and Ulrich discuss the competitive advantages of global innovation networks, the challenges companies face in cross-border R&D collaboration, and how models of collaboration will likely evolve.