The latest results of ZEW's innovation survey show that - despite unfavourable economic conditions - the German economy continues to be highly innovative. The share of innovating enterprises was at a high level in 2001 with 61% (industry), 59% (business-related service providers) and 40% (distribution service providers). Compared to the year 2000, the share of sales with market innovations has increased in all three sectors of the economy; however, the success of rationalisation via process and procedure innovations has declined. The innovation expenditure of the German economy amounted to 83.8 billion € in 2001, though a decline in innovation expenditure is expected in 2002. At the time of the survey - mid-2002 - companies were again optimistic about 2003 as a whole: total innovation expenditure is expected to increase to around €85 billion (+1.3% compared to 2001).
ZEW has been conducting the annual survey on the innovation behaviour of the German economy on behalf of the Federal Ministry of Education and Research (bmb+f) since 1993. Between 4,000 and 5,000 companies take part in the survey every year.
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