Where Do New Products Come From? Insights From a New Study of Innovation in Manufacturing

Ben Miller July 2, 2014
July 2, 2014

A recent survey examining manufacturing innovation found that less than half of manufacturers innovated in the previous 3 years, and those that did were more likely to introduce a product imitation than an entirely new product. It also found that the largest amount of innovations come from customer ideas, although those innovations are less valuable to firms than innovations originating from technology specialists.