According to a new survey, only 23 percent of 1,000 American consumers could recall a new product introduced in 2007. Joan Holleran, editor of New Product magazine, one of the study's providers, remarked to MediaPost, "It's like consumers are saying: 'Could you spend a little more on research and development, instead of just creating line extensions?'" Is the fact that consumers can't recall new products primarily a marketing problem? Or is it more of an R&D problem?

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