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June 9, 2020

Pandemic kills corporate innovation plans

The number of companies saying they don't plan to invest in innovation has gone from 8% to 25% since the coronavirus pandemic hit.


Maija Palmer

3 min read

Photo by Will Porada on Unsplash

A quarter of companies are not planning to invest in innovation projects at all this year as the economic uncertainty following the coronavirus pandemic puts businesses into survival mode.

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Chart showing change in innovation spending plans pre and post-Covid
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Financial measures in response to Covid
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