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Business

RESEARCH WATCH

Corporate R&D spend up despite global recession

By Jude Garvey

04:47 November 22, 2009 PST

The survey affirmed the critical importance of innovation to corporate strategies

Despite (or because of) the global financial crisis, a survey by global management consulting firm Booz & Company has shown that the top 1,000 public corporate research and development spenders increased their outlay in 2008. While sales were up only 6.5 percent, R&D expenditure rose 5.7 percent to US$532 billion with leading companies recognizing the importance of focusing on R&D in order to take advantage of competitors in the coming upturn. As Booz & Company Partner Barry Jaruzelski succinctly puts it: “Reducing efforts on innovation would be similar to unilateral disarmament in wartime.” Read More

GOOD THINKING

Shipping container to solar powered restaurant in 90 seconds? Meet the Muvbox portable restaurant

By Mick Webb

05:29 July 7, 2009 PDT

Muvbox - The solar powered restaurant in a shipping container

We have already seen the humble shipping container take on many guises ranging from pop-up hotel rooms to relocatable homes. Here to “cater” for the entrepreneur on the move is the Müvbox portable restaurant. This compact and mobile unit uncovers a fully operational kitchen in around 90 seconds at the touch of a button, and brings an eco-friendly ethos to the table to boot. Read More

GOOD THINKING

IBM Innov8 v.2: serious gaming helps tomorrow’s business leaders

By Karen Sprey

04:14 February 26, 2009 PST

IBM Innov8 drag and drop

Pilots, the military and emergency services have been using simulations for years to teach skills in a risk-free environment where otherwise lives might be lost. Video gaming isn’t new either - the CEOs of many of today’s big names such as Yahoo and Google grew up on a diet of avatars and role-playing. But it’s only recently that business simulators and advanced video gaming have merged to form ‘serious games’ like IBM's Innov8. IBM has announced v.2, a new version that helps students and professionals hone their business and technology skills in a compelling, familiar video game format. Read More

 
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