PALO ALTO, Calif. ( TheStreet) -- Former HP (HPQ) CEO Carly Fiorina says that her previous employer needs to re-invest in innovation as the tech bellwether attempts to re-invent itself around software, cloud services and connectivity.
"There may be now a need for HP to re-invest in innovation," said Fiorina during an interview on CNBC, adding her voice to those urging current HP CEO Leo Apotheker to crank up the company's innovation engine.
|Carly Fiorina is calling on HP to re-invest in innovation.|
Fiorina also denied the suggestion that this engine stalled during her time in the HP hot seat. "The facts are that we invested very heavily in innovation under my tenure," she said. "We generated 11 patents a day."
The former CEO then laid the blame for HP's innovation slowdown at the feet of her successor, Mark Hurd, now president at
(ORCL). "That trend
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