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Legal Research

: Stephen's Lighthouse

Innovation Forecast

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I participated in a large survey about innovation from InnovationTools.com.

The results of the Innovation Climate Survey are now available for you to download:

http://www.innovationtools.com/reports/MS94N6/download.asp

The results were surprising: Despite the steep downturn in the global economy, innovation budgets appear to be enjoying surprising resilience. There are a number of good findings in the survey:

"1. Respondents to this survey said that the climate and funding for innovation are holding up fairly well...Over one-fourth of respondents (27%) said that the climate for innovation has improved slightly since the onset of the global recession, while another 20% said it has ?improved significantly.?
2. Funding for innovation appears to be holding steady, at least at the time the survey was conducted. Over one-third of respondents (37%) reported that there has been ?no change? to their organization?s level of funding for innovation. A small percentage of companies said they have actually increased funding for innovation since the economic downturn began."

More details are available in the full report.

Stephen

Full post as published by Stephen's Lighthouse on April 13, 2009 (boomark / email).