Ayming’s third annual International Innovation Barometer describes tactics for carrying out innovative activities before uncertainty.
To create the Barometer, we conducted a detailed survey of 585 senior R&D professionals, CFOs, C-suite executives and business owners in companies of all sizes in the following countries: Belgium, Canada, Czech Republic, France, Germany, Ireland, Italy, the Netherlands, Poland, Portugal, Slovakia, Spain, United Kingdom, and the United States.
Our analyses show that short-term growth is more and more important for companies, which requires them to quickly adapt to changes. Flexibility and learning from the current crisis are key when it comes to innovating.
Key findings
- 71% of respondents believe that their organisation undertakes enough innovative activities (85% in 2020)
- innovations are developed internally by 67% of companies, which is due to the speed and simplicity of such a solution
- according to 26% of respondents, the most important factor influencing the choice of location for conducting R&D works is access to talent
- 77% of enterprises have a defined R&D budget, and 57% expect it to increase compared to the previous year
- the Covid-19 pandemic resulted that 36% of respondents were running few innovative projects, and 25% have fully adapted their activities to new circumstances
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