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During this recessions, wages and jobs are decreasing, but companies are increasing Innovation spending. "The Innovation Climate Survey also asked practitioners what innovation strategies they were using:
- Looking for creative ways to improve or extend your existing products (50.9%)
- Looking for opportunities to improve collaboration (47.2%)
-Increasing focus on changing customer needs (39.8%)
- Focusing on service innovation (38.1%)
- Focusing on process innovation (36.4%)"
Have a great day.
Into the future,
davidT
