New statistics on business innovation released by NSF

Wednesday, October 6, 2010 - 09:50 in Mathematics & Economics

Preliminary figures from the Business R&D and Innovation Survey (BRDIS)--fielded for the first time in 2009--indicate that some 22 percent of companies in manufacturing industries reported one or more product innovations (goods and/or services) in the period 2006-08 and about 22 percent introduced process innovations (new methods for manufacturing or production; logistics, delivery, distribution; support activities).

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