Posts Tagged ‘harvard business school’

How much should companies invest in innovation in difficult economic times? In a new article in The McKinsey Quarterly, Tom Nicholas, an associate professor at the Harvard Business School, looks to the Great Depression for lessons. Nicholas examined U.S. patent applications by companies with R&D labs in the 1930s and found — not surprisingly — that the number of U.S. patent applications grew more slowly then than in the ... Full story