Businesses and nations that spend more on research and development grow at a faster pace, according to many studies. More than half of all R&D expenses on average are attributable to labor, according to an analysis of countries that belong to the Organization for Economic Co-operation and Development.
Studies show a positive relationship between innovation and growth. Companies with a higher degree of R&D orientation grow faster than other firms. Further, nations with greater expenditures on R&D as a percentage of GDP also experience faster economic growth.
Sometimes it’s hard to believe that this expansion is already more than 8 years long--only 18 months short of the record 120-month expansion that occurred from March 1991 to March 2001.
This year on our blog we dug into applications of real-time intelligence data, explained changes to classification systems and forecasts, peeked behind how JobsEQ handles certain calculations and data, and a lot more. As we look forward to all the new content to come in 2018, here are our most popular blog posts from this year. In honor of counting down the new year, the top ten posts are sorted from least to most read.
The holiday selling season got off to a strong start on Black Friday but the results were mixed when comparing online versus in-store sales. Online spending for Black Friday, the traditional start of the holiday selling season, was up 16.9 percent compared with the same day in 2016, according to Adobe Digital Insights, which tracks online spending in the nation’s 100 largest retail websites.