Our Global Innovation Networks service offering enables clients to design, build and optimize innovation on a global scale through the creation of innovation networks that combine R&D, market intelligence, and local talent and resources.

Large manufacturing companies have long headed offshore to reap the benefits of lower labor costs and closer contact with local markets. Now, companies of all kinds are applying that same principle to their innovation efforts, leveraging lower costs, local talent and worldwide markets to improve efficiency and effectiveness. The benefits are clear: according to our 2008 Global Innovation 1000 study, companies that deployed more than 60 percent of their R&D outside their home countries tended to have better operating margins, total shareholder return, market cap growth and return on assets than their rivals.

A global knowledge economy is emerging in which the winners will be those who can successfully manage a global network of partners with access to technology, capabilities and local market understanding. Booz & Company can help companies develop a global innovation program that can reduce costs while taking advantage of the talent and resources available in local markets throughout the world.

Building an External Innovation Capacity

We identify tools most likely to form the basis of an external innovation capability, and detail the questions that Chief Innovation Officers will need to answer in order to develop a business plan that can be presented to the entire executive team. download (1.6mb, PDF) >

NASSCOM/Booz & Company Global Engineering Innovation Study

The opportunity for engineering services offshoring in India is vast. Yet like all large opportunities, it won’t stay available for long. download (251kb, PDF) >

Globalization of Japanese Engineering Research and Development: Option or Imperative?

The need for Japan to become less insular and more global with its ER&D is urgent. download (441kb, PDF) >

Innovation: Is Global the Way Forward?

Results of a joint Booz & Company/INSEAD survey on configuring and managing global innovation networks. download (949kb, PDF) >

Offshoring the Brains as Well As the Brawn

Providers of outsourcing services are increasingly performing innovation work, such as new product development and R&D. download (859kb, PDF) >

Beyond Borders: The 2008 Global Innovation 1000

Where in the world the money is being spent — and why. read more >

Innovators Without Borders

For companies that want to build a global growth engine, offshoring innovation is both a challenge and a necessity. read more on strategy+business >

The Well-Designed Global R&D Network

A survey of innovation leaders in 186 companies in 19 nations reveals the best strategy for global networks of R&D centers. read more on strategy+business >

A New Engineering Joint Venture

We guided the creation of a new joint venture between a Tier I auto supplier and an Indian engineering services firm. read more >

An Offshore Engineering Strategy

A Tier I auto supplier needed a strategy for building offshore product development and engineering capabilities to capture opportunities in Asian markets. read more >

A Redesigned Innovation Capability

New front-end innovation processes led to greater prospects for growth at this automated equipment company. read more >

Stronger Global Innovation Networks

This top auto supplier boosted product cycle time and quality through a rationalized global product development process. read more >