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R&D Spending Is the Most Misleading Number in Business

The government collects the real R&D split from every public company. It's locked away by federal law. Here's how to estimate it anyway.

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The Innovation Metric Bill Hewlett and Dave Packard Used

HP used this R&D benchmark for decades and still managed to forget it. Most companies never found it.

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The R&D Metric Mark Hurd and HP Got Wrong

How one flawed benchmark drove years of R&D decisions and quietly drained HP's innovation pipeline.

The R&D Metric Mark Hurd and HP Got Wrong