Roland Harwood, the director of open innovation at NESTA, said technology innovation has slowed slightly in the economic downturn but it will pick up in the coming months.
His comments come after IDC research showed that it has helped economies to remain stable during the recession and will play an increasingly important role, as innovation and investment continues in 2010.
'However, NESTA recently surveyed 153 senior executives from FTSE 100 companies and found that 47 per cent are doing more innovation now, 42 per cent are doing the same amount of innovation, and only 11 per cent said they were doing less,' Mr Harwood explained.
The expert added that the survey also suggested that open innovation will be among the fastest-growing trends in the next 12 months, with the majority of global firms getting behind it.
His comments come after IDC research showed that it has helped economies to remain stable during the recession and will play an increasingly important role, as innovation and investment continues in 2010.
'However, NESTA recently surveyed 153 senior executives from FTSE 100 companies and found that 47 per cent are doing more innovation now, 42 per cent are doing the same amount of innovation, and only 11 per cent said they were doing less,' Mr Harwood explained.
The expert added that the survey also suggested that open innovation will be among the fastest-growing trends in the next 12 months, with the majority of global firms getting behind it.
