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GE Global Innovation Barometer 2013 Results – Focus USA
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GE global innovation barometer methodology Now in its third edition and spanning across 25 countries, 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 survey is conducted by StrategyOne a consulting and research company and funded by GE. 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 . Finally it adopts a firm centric approach to better understand the way International businesses adapt their innovation practices and strategies in a challenging economic environment.
8 out of 10 respondents are men (no quota)
Sample covers a diversity of economic sectors
Other Manufacturing
17%
Health 13%
FMCG 11%
Energy 10%
Automotive / Transport /
Logistics 10%
Electronics 10%
Industrial Products
8%
Professional Services
8%
High - tech / IT 6%
Other 5%
Telecom / Internet
2%
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Australia
Sample and fieldwork details
Australia
Brazil
Canada
China
Germany
India
Ireland
Israel
Japan
Saudi Arabia
Malaysia
Mexico
Nigeria
Poland Russia
South Africa
South Korea
Singapore
Sweden
Turkey
UAE
USA
UK
Vietnam
Netherlands
3100 phone interviews (in local languages)
25 markets (tracking in 20 markets for 2
years and 10 markets for 3 years)
Questionnaire average duration: 38 Minutes
Period: October 22nd to December 5th 2012
All respondents directly involved in the
innovation strategy or process within their
company. (28% C-Level).
Average company size is 1 200 employees
Average age of respondent is 43 years old.
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USA Executive Summary
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Innovation is a strategic priority for US businesses (88% of US respondents report innovation is a strategic priority for their business).
Various types of innovation are expected to drive the performance of US businesses in the future, the top 3 avenues identified are: • the improvement of existing products and services (mentioned by 72% of US respondents) • the development of entirely new products (mentioned by 65% of respondents) • the development of new business processes to improve profitability (mentioned by 58% of US
respondents – a result slightly lower than the Global average on this item - 63%)
Additionally 52% of US respondents mention the development of new business models as a promising way to boost future performance, this is 5 points higher than the Global average (48%) on this item
Innovation as a strategic priority for US business
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To Innovate successfully US respondents identify key abilities their business has to master: • Understand customers and anticipate market evolutions (85%, 5 points higher than the Global average) • Attract and retain innovative people (mentioned by 84% of US respondents, 11 points higher than the
Global average on this item) • Create an environment and a culture conducive to Innovation (78%), a result 14 points higher than the
Global average, confirming the importance granted to management and talent by US respondents • Finally 73% of US respondents stress the importance of identifying and working collaboratively with the
best business partners (mentioned by 73% of respondents as a crucial Innovation success factor vs. only 66% of the Global sample)
• Mining data inside and outside the company is as well a capability regarded as crucial to Innovation success with 57% of respondents mentioning it versus 53% of the Global sample
Finally the ability to come up with new business models is regarded as crucial by 43% of respondents vs. 45% of the Global sample, and this item arrives in the bottom of the ranking of the most important abilities
Abilities Business have to master in order to innovate successfully
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Overall the framework for innovation in the US is perceived as exceptionally innovation conducive for Innovation by business executives from the other markets: 84% of Business executives from the 25 markets regard the US environment for Innovation as strongly Innovation conducive. This puts the country in the second position of the ranking based on this indicator behind Germany. When evaluating their own market 92% of US business executives report that their country has a strongly Innovation conducive environment overall showing quite strong Innovation confidence When asked to evaluate in more detail their environment for Innovation, US business executives provide interesting input. On the negative side, the items connected to Government support for Innovation are more negatively evaluated than the Global average. 34% of US respondent believe their Government is allocating an adequate share of its resources to supporting innovative companies (stable compared to last year, but 11 points below Global average) additionally only 23% of US respondents consider that this support is efficiently organized and coordinated (here in slight improvement compared to last year but still 17 points lower than the Global average) These quite negative perceptions appear paradoxical, US business executives are proudly reporting their country to be “Innovation friendly”, US tops the reputation ranking for Innovation, still US respondents have a below average opinion about the way public support for Innovation is delivered in their country
Evaluation of the US framework for Innovation
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Support from private investors for businesses in need of Innovation funding is still regarded in a positive manner by 65% of US respondents (7 points higher than the Global average) however this indicator lost 12 points compared to last year’s edition of the barometer On the positive side, 71% of US respondents trust in the ability from their Universities to train tomorrow’s innovative leaders, this is 14 points higher than the Global average and improving compared to last year (+9 points) Other dimensions are evaluated more positively this year, notably the items connected to the appreciation of the value of the Innovation process by US citizens
Evaluation of the US framework for Innovation
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US business executives make Innovation a strategic priority and rely on it to drive future performance, however they also demonstrate signs of anxiety that it could also set a challenge for business by increasing competition and by accelerating the lifecycle of products and services: in the US, 28% of respondents believe “Innovation has a negative impact on their economy” a result on par with the global average (30%) In this context, US business expect renewed support and Innovation incentives from policymakers, particularly regarding: • Education and talent pool management: 62% of US respondents believe encouraging even stronger
linkages between education systems and business savvy individuals should be a high priority from decision makers (12 points above Global average), 54% would like student curricula to be better aligned with the needs of business (10 points higher than Global average)
• The protection of trade secret and business confidentiality, 52% report it should be a high priority (11 points higher than the Global average)
• Finally, US respondents give evidence of the importance of Venture Capital for Innovation, 43% believe this Industry should be encouraged as a way to foster Innovation (5 points higher than Global average)
Respondent’s policy expectations
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Growing trends from the barometer indicate that Innovation can start from all kinds of economic actors (87% of US respondents in 2013 believe that SMEs and Individuals can be as innovative as large companies).This validates the perception that collaboration is key to Innovate more successfully. 87% of US respondents report that their firm has been increasingly looking at innovation through the collaborative angle (5 points higher than the Global average). Furthermore, 89% of respondents agree their firm would be more successful at innovation through partnership than if their company went about it alone When reviewing the drivers and barriers to a collaborative Innovation endeavor, the top 3 drivers identified in the US are the opportunity to access new technology (82%, 3 points higher than the Global average), the opportunity to enter new markets (82%, 3 points higher than the Global average), and the opportunity to improve an existing product or service (75%) On the contrary, US business would be reluctant to engage in a collaboration if worried about a lack of protection of confidentiality or IP (first barrier mentioned by 70%, vs. 64% for Global average), and the fear that some key talents might be poached (mentioned by 52% vs. 47% for Global average). Quite interestingly US respondents tend to stress more than the Global average a “lack of time” allocated to identifying partners and to manage the relationship as an important barrier to collaboration, they are also more concerned than the average by the idea of partnering with a foreign company or a company bigger than their own firm
Collaborative Innovation as the way forward
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Innovation is a strategic priority for business globally
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USA Global Average
A very high strategic priority 36% 44%
A quite high strategic priority 52% 47%
A quite low strategic priority 9% 8%
A very low strategic priority 3% 1%
Innovation on top of business agenda: 88% of respondents would say it is a strategic priority for their company (vs. 91% average) Q1. Would you say that for your company innovation is…:
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Innovation types and business performance: looking back and looking forward
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What kind of Innovation drove business performance in the past in the USA? Q2. What kinds of innovation have contributed most to your company’s performance in the past few years? US results vs. 25 markets Global Average
39%
44%
46%
56%
55%
63%
61%
83%
31%
37%
41%
49%
54%
61%
62%
82%
The development of new customer services
The development of new business models
The development of more sustainable and eco-friendly processes, products or services
The development or improvement of products customized to local circumstances or conditions
The development of more affordable new products and services for the customer
The development of entirely new products or services
The development of new business processes to improve profitability
The improvement of existing products or services
USA
Global
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A future gazing exercise: what will drive future business performance in the USA? Q3: What kinds of innovation do you expect to contribute the most to your company’s performance in the future? US results vs. 25 markets Global Average
42%
48%
56%
52%
53%
63%
66%
79%
28%
38%
41%
47%
51%
58%
65%
72%
The development of new customer services
The development of more sustainable and eco-friendly processes, products or services
The development of more affordable new products and services for the customer
The development of new business models
The development or improvement of products or services customized to local circumstances or conditions
The development of new business processes to improve profitability
The development of entirely new products or services
The improvement of existing products or services
USA
Global
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Key abilities innovative firms master better
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To Innovate successfully business need to master market insight, technology development, partnerships, talent and culture Q4. How important do you think these abilities are for a company to innovate successfully? (Importance grade on 10 points, % High importance [Top 3 boxes])
34%
45%
51%
52%
53%
54%
54%
59%
60%
64%
66%
66%
73%
81%
Attract investors to fund innovative programs
Come up with new business models
Weed out unpromising innovations at an early stage
Manage an innovation pipeline with a structured business process
Mine data inside and outside the company
Challenge generaly accepted practices and ways of working
Allocate a specific budget for Innovation activities
Invest on long term innovative projects
Manage and take risks
Create an environment anc culture conducive to Innovation
Identify and work collaboratively with the best business partners
Develop new technology
Attract and retain innovative people
Understand customers and anticipate market evolutions 85 (+ 4 pts)
USA %
84 (+ 11 pts)
63 (- 3 pts)
73 (+ 7 pts)
78 (+ 14 pts)
67 (+ 7 pts)
66 (+ 7 pts)
56 (+ 2 pts)
63 (+ 9 pts)
57 (+ 4 pts)
60 (+ 8 pts)
64 (+ 13 pts)
43 (- 2 pts)
33 (- 1 pt)
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Increased competition and protectionist temptation: A global innovation vertigo?
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The net positive impact of Innovation on local economies is challenged by 30% of respondents: a globalization anxiety? Q5-2. By creating more competition among businesses and making some products and services obsolete, innovation has a negative impact on my country's economy (% Agree)
Strongly agree 11%
Somewhat agree 19%
Somewhat disagree 28%
Strongly disagree 38%
Don’t know / Unsure 3%
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The positive impact of Innovation on local economies is challenged : greater competition and shorter business lifecycles Q5-2. By creating more competition among businesses and making some products and services obsolete, innovation has a negative impact on my country's economy
8% 9% 11% 12% 12% 12% 13% 14% 14% 16% 16% 18% 19% 19% 19% 20% 21% 22% 22% 26% 26% 28% 29% 31% 31% 38%
13% 12% 3%
8% 12% 4% 2% 4%
16% 2%
12% 9% 7% 10% 11% 5%
24% 13%
23% 7%
20% 25%
4% 9% 13%
28% Strongly agree
Somewhat agree
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Opening up the market or national preference, paradoxical tensions seem to exist within global business Q9 . What are the main priorities your country should focus on to efficiently support innovation?
Q9-8. Promote domestic rather than imported technological development via preferences in government procurement
Q9-11. Promote the importation of innovative technologies by opening the market further to foreign trade and investment
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Expectations regarding the policy focus to be adopted are contradictory and vary greatly from one market to another Q9 . What are the main priorities your country should focus on to efficiently support innovation? (%Top 2 grades = very high priority)
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Role of SMEs and need for greater localization: the trend keeps building up globally
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Average 20 markets 2012: 76% Average 20 markets 2013: 84% (+ 8pts)
A growing consensus around the need for innovation to be embracing the specificities of local market needs Q5. 1 - More than ever before, innovation needs to be localized to serve specific market needs
+ 14 pts
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Innovation can be originated anywhere
Average 20 markets 2012: 79% Average 20 markets 2013: 84% (+5pts)
Q5. 3 - More than ever before, SMEs and individuals can be as innovative as large companies
- 2pts
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A contraction of the Global environment for Innovation
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How do respondents evaluate their country’s Innovation framework? No major change in Global ranking, strong new entries Index on 100 points summarizing the perceptions of respondents regarding 13 dimensions of the Innovation framework of their country.
43 48 48
52 55
51
58 62 61
55 58 54
72 66 67 67
58
71
78 73
38
49 50 52 53 54 54 55 56 57 58 58 58 59 59 61 61 62 63 63 65 67 68 70 70 2012
2013
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USA % Agree 2013 Change / 2012 Gap / Average 25
markets
Government and public authorities allocate an adequate share of their budget to support innovative companies
34% = - 11 pts
Governmental support for innovation is efficiently organized and coordinated 23% + 5 pts - 17 pts
It is quite easy for companies to partner with universities for their R&D needs 65% - 2 pts =
Local universities and schools provide a strong education model for tomorrow's innovate leaders 71% + 9 pts + 14 pts
Private investors are supportive of companies that need funding to innovate 65% - 12 pts + 7 pts
Public-private partnerships have proved effective in supporting innovation 72% + 1 pt + 7 pts
Society as a whole is accepting of taking risks as part of the innovation process 66% + 9 pts =
Society as a whole is supportive of innovation, there is an appetite for innovation among young generations 83% - 1 pt + 4 pts
The general public is convinced of the value innovation can bring to their day-to-day life 75% + 5 pts =
The protection of the copyright and the patent are effective 56% - 12 pts - 3 pts
The speed at which innovative products are brought to market is adequate 58% + 1 pt - 2 pts
Trade regulations are not preventing firms from being commercially successful 50% + 7 pts - 10 pts
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Detailed results per component & market
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Q6. 1 - Private investors are supportive of companies that need funds to innovate
Average 20 markets 2013: 57% (-2pts) Average 20 markets 2012: 59%
Private investment stagnation, a positive exception in Germany
38% 45%
50%
56%
70% 75%
45%
66% 63%
54%
27%
89%
67%
31%
45%
73% 69%
77% 75%
67% 72% 71%
67%
56% 52% 54% 54% 56%
62%
75% 80%
48%
66% 62%
52%
23%
85%
62%
24%
37%
62% 58%
67% 63%
52%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2012
2013
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Q6. 2 - The current IP protection system does not present barriers to innovation
Average 20 markets 2012: 64% Average 20 markets 2013: 59% (-5pts)
IP protection a growing concern, including in China
49% 50% 43%
37%
60%
68% 61%
65% 66% 60% 60% 63%
71% 66% 67% 68%
78%
86% 86%
66% 66% 65% 64%
54% 49%
62% 61%
52% 45%
62%
71%
63% 67% 65%
59% 52% 54%
62% 57% 57% 56%
64%
72% 66%
37%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2012
2013
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Q6. 3 - Universities and schools provide a strong education model for tomorrow’s innovative leaders
Average 20 markets 2012: 61% Average 20 markets 2013: 55% (-6pts)
Contrasted evolution regarding universities’ ability to train talents
60% 62% 56%
44% 35%
70%
60%
32%
66% 70%
54%
74%
84% 83%
69%
52%
33%
60% 60%
90%
78%
64% 60% 60%
49%
77% 70%
64%
51% 42%
72%
62%
31%
64% 66%
47%
66%
77% 73%
59%
41%
20%
45% 45%
33%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2012
2013
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Q6. 5- Government and public authorities allocate an adequate share of their budget to support innovative companies
Average 20 markets 2012: 47% Average 20 markets 2013: 45% (-2pts)
Lower financial support from Governments overall
70%
15%
40%
23% 26% 21%
31%
55%
21%
57%
34%
66% 59% 56%
64%
36%
78%
43%
78%
61% 64% 55%
46% 39%
29%
81%
24%
49%
31% 32% 25%
35%
59%
23%
58%
37%
64%
54% 48%
55%
26%
66%
30%
62%
44%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
2012
2013
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Q6. 6 - Governmental support for innovation is efficiently organized and coordinated
Average 20 markets 2012: 43% Average 20 markets 2013: 39% (-4pts)
The organization of government incentive to innovation is criticized
18%
71%
18%
30%
72%
20% 28%
22%
57%
29%
14%
54%
45%
30%
51%
34%
64%
78% 77%
57% 59% 59%
46%
35% 27% 27%
75%
25%
35%
75%
23% 29%
22%
55%
26%
10%
51%
39%
23%
43%
26%
51%
60% 55%
30%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
2012
2013
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Q6. 8 - Society as a whole is supportive of innovation, there is an appetite for innovation among young generations
Average 20 markets 2012: 76% Average 20 markets 2013: 77% (+1pt)
On the positive side: a growing appetite from young generations
61%
79% 75%
83% 78% 78%
72% 85%
88%
64%
84% 92%
73%
26%
72%
88% 96%
77% 78% 73%
92% 88% 83% 83%
78% 83% 86%
81% 88% 82% 80%
74%
87% 89%
64%
84% 91%
72%
24%
70%
86% 94%
74% 73% 64%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2012
2013
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Q6. 9 - The general public is convinced of the value innovation can bring to their day-to-day life
Average 20 markets 2012: 68% Average 20 markets 2013: 73% (+5pts)
On the positive side: greater societal support
60% 57% 56%
69% 63% 66%
23%
68% 70% 70% 79%
69% 61%
78% 85%
57%
74%
95%
85% 80%
90% 86% 78% 77% 74%
83% 77%
72%
83% 76% 78%
31%
74% 76% 74%
83%
71%
63%
79% 85%
56%
73%
90%
76% 68%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2012
2013
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Q6. 10 - Society as a whole accepts that taking risks is part of the innovation process
Average 20 markets 2012: 59% Average 20 markets 2013: 63% (+4pts)
On the positive side: greater tolerance to Innovation related risks
55%
41%
52%
41%
63%
30%
57% 66% 65%
58%
82%
59% 53%
64%
87%
51%
66% 59%
81%
47%
90% 84% 84%
74%
59%
85%
58%
69%
56%
78%
43%
68% 74% 73%
65%
86%
61% 52%
62%
84%
47%
60% 51%
66%
28%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2012
2013
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What policies would support Innovation most efficiently?
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Education, fighting bureaucracy and protecting trade secrets evaluated as the most pressing priorities to support Innovation Q9. What are the main priorities your country should focus on to efficiently support innovation? Grade on 10 points where 10 means it should be a VERY STRONG priority and 1 a VERY LOW one, (% Top 2 grades)
62 % (+ 12 pts)
51% (+ 3 pts)
54% (+ 10 pts)
52% (+ 11 pts)
43% (+ 5 pts)
USA
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Education, fighting bureaucracy and protecting trade secrets evaluated as the most pressing priorities to support Innovation Q9 What are the main priorities your country should focus on to efficiently support innovation? Grade on 10 points where 10 means it should be a VERY STRONG priority and 1 a VERY LOW one, (% Top 2 grades)
37% (+ 1 pt)
29% (- 4 pts)
36% (+ 5 pts)
28% (- 2 pts)
30% (+ 3 pts)
31% (+ 6 pts)
24% (+ 3 pts)
USA
0% 5% 10% 15% 20% 25% 30% 35% 40%
Stimulate innovation through the use of commercially based public procurement
Implement an innovation and entrepreneurship awareness program promoting these values and targeting the general public
Promote the importation of innovative technologies by opening the market further to foreign trade and investment
Introduce results-based incentives for public research programs
Boost funding for public research programs
Promote domestic rather than imported technological development via preferences in government procurement
Create more incubators and facilities for start-ups to develop
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Clustering markets depending on Policy priorities
Encourage a stronger entrepreneurial culture in the education system through stronger linkages between students and
business savvy individuals
2nd 3rd 2nd 3rd 2nd 2nd 1st 1st 1st 1st 1st 1st 1st 1st 1st 1st 1st 1st 1st
Fight bureaucracy and red tape for companies willing to access funds and
incentives allocated to innovation 3rd 2nd 2nd 1st 1st 1st 1st 1st 1st 3rd 3rd 3rd 3rd 3rd 2nd 2nd 3rd
Better align students curricula with the needs of business
3rd 1st 3rd 2nd 2nd 2nd 2nd 2nd 2nd 2nd 2nd 2nd 3rd
Ensure that business confidentiality and trade secrets are adequately protected
2nd 1st 1st 1st 1st 3rd 3rd 3rd 3rd 3rd 3rd 2nd
Create a financial environment that encourages the development of venture
capital 2nd 2nd 3rd 3rd 2nd 2nd 2nd 2nd 3rd
Create more incubators and facilities for start-ups to develop
3rd 3rd 3rd 2nd
Promote domestic rather than imported technological development via
preferences in government procurement 1st 3rd 3rd
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Stronger regulation on talent mobility have had a noticeable impact on Business ability to Innovate Q5-4. Over the last two years, it has become more difficult for companies to hire talented foreign citizens because of stricter visa requirements and it had a negative impact on their ability to innovate
25% 38%
21% 30%
14%
34%
16% 20% 29% 35% 41%
17% 32%
39% 25%
14% 21% 18%
25% 25% 29%
12%
37%
12% 21%
33%
16%
25%
10%
10%
5%
10%
7% 5% 0%
49%
1%
11%
25% 25%
9%
8%
13% 10%
21% 15%
26%
24%
33%
20% 14%
22%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Strongly agree
Somewhat agree
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What countries are perceived as displaying the most innovation conducive environment?
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EVALUATION OF INNOVATION ENVIRONMENT
USA
Brazil
Canada
Mexico
China
India
Singapore
Australia
Japan
South Korea
Vietnam
Malaysia Russia
Germany
Sweden UK
Poland UAE
Israel
Turkey
Nigeria
South Africa
Ireland
Netherlands
3.5
4.0
4.5
5.0
5.5
6.0
6.5
7.0
7.5
8.0
8.5
9.0
3.5 4.0 4.5 5.0 5.5 6.0 6.5 7.0 7.5 8.0 8.5 9.0
Glo
bal E
valu
atio
n /1
0
Auto evaluation /10
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How do US business executives evaluate other markets’ Innovation environment? Q8. For each of the following markets, how far would you say that they have developed an Innovation conducive environment? % of respondents that evaluate a market innovation environment positively by giving it a grade between 7 an 10/10 points (Global perception vs. perception measured among US respondents only)
5%
15% 18% 20%
17%
25% 19%
24% 29%
26%
39% 36%
51%
43% 45%
54% 49%
65%
55% 55% 59% 61%
71% 69%
79%
92%
85%
USA GLOBAL
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Collaborative Innovation: review of drivers and barriers, experience and policy framework
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Collaborative Innovation has a Global appeal Q11: Measuring the appetite for collaboration
% Agree Global
87%
82%
73%
% Agree USA
89%
87%
69%
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Partnership is globally seen as an opportunity to succeed Q11 Measuring the appetite for collaboration Q11-2: I am fully convinced that our firm could be more successful with innovation through partnership and collaboration than if we go about it alone
Average: 53%
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Emerging markets leading preparing even more strongly to partner Q11 Measuring the appetite for collaboration Q11-1: Our firm has been changing the way it looks at Innovation to integrate more of the need for collaboration both inside and outside the firm
Average: 38%
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Revenue sharing model: a more difficult question to solve Q11 Measuring the appetite for collaboration Q11-3: I think my firm is open to sharing the revenue stream or the revenue losses that could be generated through a collaborative innovation initiative
Average: 28%
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Reasons for collaborating Q15 Still on collaboration, what are the main reasons why your company would seek to collaborate with entrepreneurs or other companies?
54%
54%
56%
58%
69%
69%
69%
70%
72%
75%
79%
79%
To invent a new business model
To license patents and technology
To share costs
To benefit from a company’s sales force
To scale up
To gain insights and market intelligence
To improve the profitability of an existing offer
To invent a new product
To speed up time to market
To improve an existing product or service
To enter new markets
To access new technology 82% (+ 3 pts)
82% (+ 3 pts)
75% (=)
80% (+ 8 pts)
70% (=)
73% (+ 4 pts)
69% (=)
64% (- 5 pts)
61% (+ 3 pts)
60% (+ 4 pts)
USA
60% (+6 pts)
48% (- 6 pts)
52 © Copyright 2012 Daniel J Edelman Inc.
Barriers to collaboration Q16. Still on collaboration, what are the main reasons why your company would be reluctant to collaborate with entrepreneurs or other companies? (% of respondent that selected the item as a barrier)
70% (+ 6 pts)
USA
16%
18%
22%
22%
28%
28%
31%
36%
39%
45%
47%
64%
The company is foreign
Our culture is too closed
The company is bigger than ours
We don’t have time to allocate to meeting possible partners
I don’t know if my company is ready or able to be working in partnership
We don’t have time to allocate to managing the partnership
We don’t know how to attract potential partners
Fears over unequal revenue splits
Lack of a tested Collaboration Process and Collaboration Tools
Talent / Knowledge poaching
Lack of trust in the partner company
Lack of Protection of confidentiality / IP
52% (+ 5 pts)
44% (-1 pt)
41% (+ 2 pts)
38% (+ 2 pts)
31% (=)
36% (+ 8 pts)
32% (+ 4 pts)
30% (+ 8 pts)
28% (+ 6 pts)
24% (+ 6 pts)
24% (+ 8 pts)
© Copyright 2012 Daniel J Edelman Inc. 53
GE Global Innovation Barometer 2013 Results – Focus USA