Major industries worldwide spent more on research and development in 2006 than they did a year earlier, with one notable exception – automotive. “It’s a reflection of the maturity of the industry,” says Kevin Dehoff, vice president of the New York-based consulting firm Booz Allen Hamilton and co-author of “The Customer Connection: The Global Innovation 1000.” The annual study is based on financial reports from 1,000 of the world’s largest corporate R&D spenders, survey responses from ...

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