"The innovation industry took a hit this year, as executives dialed back on initiatives—and paid the price". The following article by Michael Arndt, in businessweek, explores the year in innovation and some encouraging trends that emerged.
In 2009 the world was no longer flat; much of it was flat broke. Deflated by slumping sales and income, companies roundly did what innovation consultants say they never should—they cut spending on research and development. The U.S.
