80% of Big Companies Plan to Increase Innovation Budgets in 2015


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NineSigma recently asked more than 300 executives in big companies about their innovation programs and plans for 2015. The survey is highly encouraging and it also underscores the rising importance of open innovation.

• 87% agreed or strongly agreed that my company has the resources and capabilities to leverage innovations from external partners

• 80% agreed or strongly agreed that my company plans to increase its budget for innovation programs in 2015

• 79% agreed or strongly agreed that my company effectively leverages innovations from other industries

• 71% agreed or strongly agreed that my company’s investment in projects with outside innovation firms is expected to increase in 2015

• 68% agreed or strongly agreed that my company is using prize-based competitions to innovate our products and services

We have even better times ahead of us : – ) Thanks to NineSigma for sharing this!

Republished with author's permission from original post.

Stefan Lindegaard
Stefan is an author, speaker, facilitator and consultant focusing on open innovation, social media tools and intrapreneurship.


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