Innovation in business is becoming increasingly important. Both large companies and SMEs are competing to add value to their services and products through innovation. But what exactly means “to be more innovative” and are companies achieving it?
The team at Innovation Company has put together this interesting infographic visualising some impressive facts about the importance and the costs of innovation. Do you know which countries are leaders in innovation? Or, how much it costs to develop a new product?
Check out the charts below presented by the business innovation experts and learn some intriguing facts such as the chances of a new product failure and much more!
An infographic by Innovation Company.