Innovation & technology evolution are constantly changing the way value is created. Innovation has become the biggest source of revenue growth and value delivery, confirmed by 93% of CEOs in our recent survey. The top 20% of innovators achieve double the revenue growth compared to average companies, they’re generating $billions in extra revenue.
Many companies are struggling to grow revenue. Leaders must focus on innovation and nurturing talent if they are to succeed.
The UK Patent Box will introduce a 10% tax rate on UK profits attributable to patented inventions. The new regime will be phased in over four years from 1 April 2013.
Britain’s management teams need to step off the sidelines and back bolder innovations that will secure their companies’ futures and the UK’s economic recovery, future growth and competitiveness.
The results of our survey of 1,757 executives couldn’t be clearer: innovation today is a key driver of organic growth for all companies—regardless of sector or geography.
Taking innovation to the next level.
In many circumstances it may be likely that the benefit is no longer accounted for in the tax line but instead offset against the R&D expenditure.
Where will the disruptions in mobile innovation arise over the next five years? How will they change consumer and employee behaviour? What business opportunities will result? What can companies do to take advantage of these disruptions?
The second paper in the PwC Pharma 2020 series explores how pharma companies could dramatically improve the R&D productivity.
Innovation and sustainability are concepts we think of as integral to any modern business. But JCB has based its business strategy on these two cornerstones ever since the company was founded by Joseph Cyril Bamford immediately after the Second World War.