Businesses are earning $2 for every $1 spent on innovation, Commonwealth Bank study finds

By James Harkness · 14 December 2017 · Locked

Businesses are earning $2 for every $1 spent on innovation, Commonwealth Bank study finds

Full details: Businesses are earning $2 for every $1 spent on innovation, Commonwealth Bank study finds

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Summary

Innovations implemented by Australian businesses over the past year have contributed $110 billion to the economy, according to research undertaken by the Commonwealth Bank The second annual CommBank Business Insights Report, which looks at innovation practices and performance of companies with two or more employees and an annual turnover greater than $500,000, indicates that businesses […]

Tags: Business, Commonwealth Bank, disruption, Economy, Gdp, Innovation, Research, Return On Investment