Canadian Companies Use "Least Successful" Innovation Strategies - Report
Only one-sixth of Canadian businesses adopt an innovation strategy that focuses on competing in global markets, according to a survey done by the The Conference Board of Canada. This happens despite the fact that companies which do operate globally earn between 10 and 30 per cent more net income. The survey also found that internal cash is the primary source of innovation funding for most companies, ahead of funding from governments, private equity firms and banks.
17 July 2013•4 mins read
