The GE Global Innovation Barometer, now in its third year, explores how business leaders around the world view innovation and how those perceptions are influencing business strategies in an increasingly complex and globalized environment. This year’s study examines what factors business believe to be drivers and deterrents of innovation and analyzes specific approaches and policies that enable innovation and drive growth. Two items of special note from our perspective:
- Companies are moving beyond product innovation and looking to business model innovation as a source of growth
- Collaborative innovation (partnering with other companies for new products, technologies, markets) has global appeal as a key to business success.