ARTICLE: ABCNEWS.com : An Innovation Recession? In this article first published last November, Peter Dizkes of ABC News looks at the effects the economic recession is having on the pace of innovation in the tech industry. With overall spending in R&D declining each year, some people feel that companies aren't committing as much as they say they do. However, the economic recession has also forced companies to make the departments more efficient and to reduce potential "wasted" dollars by allowing scientists to get closer to the customers in various forms of co-development arrangements. A pretty interesting article!