Innovation Spends & Trends Report

TALENT When it comes to building out your Innovation team, what’s your biggest challenges?

Well over half of the community finds the

insufficient budget being the biggest issue with growing the team. This corresponds with metrics found on function does your Innovation/R&D group report page. It also begs the question, are innovation budgets high enough? Although budgets were either flat or up as seen on your Innovation Budget Increase or Decrease , and Budgets for 2023 are looking to be increased further as innovation teams are seemingly short- staffed and the community is telling us here, it doesn’t look to be getting any better anytime soon.

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