Manufacturers’ views on how changing economic conditions affect the opportunities and challenges associated with innovation.
Manufacturers’ innovation strategies are moving from recovery to growth. Recent economic growth is good news but it brings its own challenges. As manufacturers increase production to meet incoming new orders this is putting pressure on a range of resources from capital to employees’ time.
Despite this, manufacturers continue to prioritise innovation, but Innovation Monitor 2014/15 shows that companies have focused on a narrower range of activity than in 2013, and in some cases there is increased concern about falling behind competitors.
To find out more and learn about the impacts of refocusing download the EEF / NatWest Innovation Monitor 2014/15.
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