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04/24/2024 09:47

More process and product innovations in Germany than the EU average

Dr. Jutta Gröschl Presse- und Öffentlichkeitsarbeit
Institut für Mittelstandsforschung (IfM) Bonn

    More than one in three companies (36%) in Germany developed new products, imitated innovations from competitors or further developed their own products between 2018 and 2020 (latest figures for EU countries). More than one in two companies (56%) introduced process innovations - among medium-sized companies (50-249 employees), this figure was two out of three. Compared to the EU average, companies in Germany are therefore above the EU average.

    More than every third company (36%) developed new products, imitated innovations from competitors, or further developed their own products between 2018 and 2020. While the majority (63%) of companies with more than 250 employees did so, only every third small enterprise and 44% of medium-sized enterprises-initiated product innovations. In an EU-comparison, German companies, both overall and within each size category, generate product innovations more frequently than companies on aver-age across the EU.

    A higher level of innovation activity is evident regarding process innovations: more than every second company (56%) introduced process innovations during the three-year period from 2018 to 2020 – among medium-sized enterprises (50-249 employees) even two out of three. Compared to the EU average, enterprises in Germany conducted process innovations more frequently.

    In manufacturing, almost every company with more than 250 employees (90%) implemented process innovations between 2018 and 2020. For small and medium-sized enterprises in this sector, the corresponding figure amounted to 58%. Product innovations were initiated by a total of 37% of companies in manufacturing – including more than every third SME (35%) and two-thirds of large enterprises (67%).

    The researchers at IfM Bonn regularly calculate innovation activities based on the Community Innovation Survey (CIS) for large as well as small and medium-sized enterprises. A company is considered innovative if it has introduced a product or process innovation within a preceding three-year period."


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    Product- and process innovation
    Product- and process innovation

    Copyright: IfM Bonn


    Criteria of this press release:
    Business and commerce, Journalists, Scientists and scholars, Students
    Economics / business administration
    transregional, national
    Research results
    English


     

    Product- and process innovation


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