date:Sep 21, 2012
It was short-sighted for food manufacturers to cut research and development (RD), even during an economic downturn, claims a senior manager at PepsiCo.
Dr Bruce Linter, the firms long-term research manager, said it was increasingly vital that firms continued to innovate when times were tough.
Addressing an Innovation Day at Leatherhead Food Research this week , Linter said: It is very short-sighted to close RD departments. We have to keep innovating, otherwise youll make money in the short-ter