In a survey conducted with over 2,000 Owners/CEO’s of Small and Mid-sized businesses, the top 2 challenges with innovation were “It takes too long to see results” and “It’s too risky”. There was also a direct link between a company’s confidence in their innovation system and profitable growth. Additionally, 7 separate studies by the Department of Commerce NIST/MEP and Georgia Tech found that companies with a primary focus on innovation realize 50 to 100% greater growth in sales and profits over a three year period.
Zach Sorrells
Eureka! Ranch International
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