Inventor Awards Increase Return on R&D Investment According to ipPerformance Group Survey
ipPerformance Group, announces a new benchmark study on inventor reward and recognition program. Naperville, IL (PRWEB) September 07, 2011 ipPerformance Group, a leader in benchmarking corporate intellectual property asset management operations announces the release of its 2011 Inventor Reward and Recognition Program study. “76% of companies provide both monetary and non-monetary awards for invention ideas. Of those companies, 47% indicated that monetary incentives and 14% indicated non-monetary are more effective awards – over a 3 to 1 ratio! Yet we found that the companies that use “n
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