Axios: Firms budget more for innovation, but struggle with results


September 21st, 2021

By Bryan Walsh

A new survey of large corporations shows the pandemic has driven home the need for innovation, while demonstrating just how hard it is to do.

Why it matters: In an exponential age, companies that can keep successfully innovating can reap outsized rewards, while those that fail risk being left permanently behind.

What's happening: The software company Wellspring surveyed 300 high-level executives at $1 billion-plus revenue companies in the U.S. and UK about how the pandemic affected their innovation operations, and shared the results first with Axios.

Read the full article here.