February 2011 | Vol. 4 Issue 2  CONNECT Upswing in R&D Funding Fuels Innovation and Growth By all accounts, the global economy is moving into a new recovery phase. This trend is evidenced by the rise in worldwide funding of research and development initiatives that will facilitate product and marketing innovations to spur corporate growth. From expanding upon existing ideas or products to pursuing the “Aha!” moment to implementing new marketing efforts, innovation comes in many forms. With corporate support via research and development dollars, we are poised, globally, to witness an innovation boom. I hope this month's collection of articles on R&D-supported innovation and growth strategies inspires you to put your heads—and ideas—together to realize your growth goals. Sincerely, David Frigstad Chairman FEATURED ARTICLE Facing Your Fears: The Reinvention of Pizza By Ben Thompson Senior Editor Business Management Magazine When Domino’s Pizza placed last in a 2009 Brand Keys survey of consumer taste preferences among national chains, they didn’t take it lying down. In an innovative (read: radical) move, they capitalized on the research results and successfully reinvented themselves from the recipe up. >>more INDUSTRY INSIGHT 2011 Global R&D Funding Forecast: An Overview By Martin Grueber Research Leader Batelle and Tim Studt Editor-in-Chief Advantage Business Media Following cuts in total R&D spending by most advanced economies during the global recession in 2008 to 2009, R&D spending growth resumed, albeit at reduced levels, in 2010 and is again forecast for 2011. >>more FROM THE TRENCHES Wildly Innovative? Tell Us About It By Brian Denker Vice President Growth, Innovation and Leadership Frost & Sullivan A recent survey of 1,200 CEOs revealed that growth is among their top objectives. The same group of CEOs reported wanting to be more innovative. Interestingly, when asked about where they felt their company ranked in terms of innovation, more than 52 percent of them felt they were already within the top ten percent of their industry. >>more RECOMMENDED READING Where Good Ideas Come From: The Natural History of Innovation By Steve Johnson Reviewed by Margaret Marshall-Hagan Editor, eBulletins Frost & Sullivan By providing historical examples and real-life case studies, author Steve Johnson does a captivating deep dive on how good ideas are developed. Then he takes it a step further by classifying idea generation into seven categories to help fuel individual and corporate innovation. >>more MEGATREND REPORT The Future of Healthcare: An Opportunity for Change By the Health Economics & Future Strategy Group Frost & Sullivan In Healthcare, technology is altering the way that modern medicine is practiced. The generic “Best Practice” approach from the 1950’s has been replaced with an individualized, consumer-driven focus.>>more MULTIMEDIA REPORT The ABC Nightline Special: Memorable and Replicable Innovation By Darin J. Eich, Ph.D. President BrainReactions As a professional innovation facilitator and speaker, Darin Eich is often reminded of the ABC Nightline Special on the redesign of the shopping cart. Darin shares his insight and the video of one company’s innovation process in action. >>more GIL 2011: Malaysia Kuala Lumpur, Malaysia April 12, 2011 GIL 2011: Europe London, United Kingdom May 17-18, 2011 GIL 2011: Japan Tokyo, Japan July 12, 2011 GIL 2011: Korea Seoul, Korea July 14, 2011   GIL Around the Globe Frost & Sullivan Event Calendar   We Want Your Input Call for Articles Subscribe Forward to a Friend To Advertise          Podcasts Now onDemand:   Partnering Your Way to Growth: A Growth Process Toolkit The 6 Platforms of Growth, Innovation and Leadership Using Effort Analytics to Improve the Agent and Customer Experience Dynamic Customer Needs: Winning Strategies for Next-Gen Care  Optimizing Customer Experience with Predictive Customer Analytics  Industry White Papers Event Calendar Our Solutions Growth Team Membership™ GIL Global 2011: The Global Community of Growth, Innovation and Leadership Growth Opportunity Newsletters