The industries with the most small and medium sized businesses (SMBs) leading in innovation have been identified in the latest Future of Business Series: Innovation Report.
42.4% of manufacturing, 33.3% of construction and 32.9% of retail trade businesses are classified as “Innovation Leaders”.
The vast majority of SMBs (88.8%) say their business success depends on their ability to innovate. One in three (33.4%) have specific innovation strategies planned for the next 12 months.
Future of Business Series: Innovation
Download the fourth report in our 2016 series to learn more about how SMBs are embracing innovation in their corporate strategy, and how they are planning for ‘disruptive innovation’.