Survey: Innovation and Growth in companies listed on the Stockholm Stock Exchange (2006)
The study shows that companies with a clear strategy for the development of new business opportunities have experienced a significantly better revenue growth than other companies. Over the last three years these companies have had a compound annual growth rate (cagr) of 7.8% in comparison to other companies that have had a cagr of 0.8%.Similar patterns can be identified when looking at the existence of an effective innovation process. Companies with an effective innovation process have had a cagr of 6.6% in comparison to 3.4% in other companies.
- One half of the a-list companies and over one third of the o-list companies regard organic growth as more important today than a year ago.
- Close to one fifth of the companies lack a clear strategy for the development of new business opportunities.
- Over half of the companies want to increase the return on investment in innovation, growth and venturing projects.
The full report (in swedish only) can be downloaded below.
To read the swedish business magazine 'affärsvärlden' article about our survey click here
To read the swedish business financial newspaper 'dagens industri' article about our survey click here
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Googol Innovation Survey 2006 (269 Kb)