In the last decade, the need for continuous innovation has been at the heart of every organization’s efforts to stay relevant. Despite pursuits by various corporates to innovate enough, countless have failed including Nokia, Yahoo, and Polaroid. So what could have possibly gone wrong? The reasons might be many but there is one innovation improvement that no one really seems to talk about, employee benefits.
A study, published by the Journal of Corporate Finance, examined how companies with a higher worker treatment score produced more highly cited patents when compared to their counterparts.
