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% |