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Hewlett-Packard Slashing R&D Spending to Three Percent of Revenue

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From the Mercury News: Struggling Hewlett-Packard (HPQ) — long celebrated as among the world’s most innovative corporations — has over the past quarter century dramatically reduced the share of revenue it devotes to research and development, an investment widely considered essential for companies to stay on the cutting edge of technology. The figure has steadily declined from […]

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