Reasons for innovating in New Zealand
2013, % of innovating businesses
Reason for innovation | Percentage of businesses |
---|---|
Increase productivity | 77% |
Increase revenue | 88% |
Reduce costs | 67% |
Increase responsiveness to customers | 70% |
Increase market share | 70% |
Establish / exploit new market opportunities | 59% |
Improve work safety | 37% |
Reduce energy consumption | 22% |
Reduce environmental impact | 26% |
Replace goods or services being phased out | 22% |