Diane Berryposted on July 31, 2012

New Study: The Keys to Innovation for R&D Organizations – Their Own, Unused Knowledge

We recently polled R&D teams about how they use and share innovation across offices and departments, and the challenges they face in doing so.  Because R&D is a primary creator and consumer of knowledge, these organizations should be a model for how to utilize and share it. However, as we’ve seen in the demand for our intelligent indexing technology, and as revealed in the study, we found that R&D teams are more apt to duplicate work, lose knowledge and operate in siloed, “tribal” environments where information isn’t shared and experts can’t be found.  This creates a huge opportunity for those who get it right—to out-innovate and out-perform their competition.

Specifically, engineers told us about their information challenges in our social media poll. The graphic below outlines the results.

 

 

Innovation is not possible without knowledge – and wasted, untapped knowledge is costing innovation-driven companies both time and money through impeded research and development. Intelligent indexing technology not only helps companies innovate, it helps them take a building block approach to knowledge and innovation by enabling more and better leverage of their most valuable corporate asset: know-how.

[...] in Canada. You can access similar information about the study by navigating to the blog post “New Study: The Keys to Innovation for R&D Organizations – Their Own, Unused Knowledge.” (You will also want to reference the news release about the study as well. It is on the Coveo [...]
Posted by Research and Development Innovation: A New Study from a Search Vendor : Beyond Search on August 3, 2012 at 9:06 AM
It takes a Culture of Communication, Cooperation and cross fertilization to Compete by means of Creating new Concepts. Saying it another way, each of the Challenges is clearly based in large part on a lack of communication and cooperation. To make the required change in the culture requires top down commitment to succeed so R&D has to get the message from above.
Posted by Bob on August 1, 2012 at 10:59 PM