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Purpose

To provide a concise briefing on the most topical issues and relevant implications from the top 400 management publications in the world.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the argument in context.

Findings

R&D is a major investment for many companies, and despite the fact that the financial year 2003/04 was still difficult for many R&D‐active companies, R&D spending among the biggest 700 companies internationally increased 2 percent to £204.6 billion over the previous year.

Originality/value

Provides implementable strategies and practical thinking that has influenced some of the world's leading organizations.

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