The GE Global Innovation Barometer is an international opinion survey of senior business executives actively engaged in the management of their firm innovation strategy. The barometer examines the way business executives around the world appreciate the framework for innovation their country has developed, it also details the perspective from business on the most efficient policies to support innovation.
Some key points from the survey include:
- Innovation is a strategic priority for Indian businesses – 94% of Indian respondents report innovation is a strategic priority for their business
- Over 82% of Indian respondents in 2013 believe that SMEs and Individuals can be as innovative as large companies
- Development of new business models is regarded as an important ability to successfully innovate (69%), well above the global average (45%) of the global sample
Here’s the complete report: