5 Industries with the Most Innovative Companies

5 Industries with the Most Innovative Companies

Innovation is key to the success of any company, and some industries are leading the way. Tesla leads the automotive industry with electric and autonomous vehicles, while the tech industry is growing nonstop. The pharmaceutical industry is big business, spending $140 billion per year on R&D, and the healthcare industry develops new medical devices, processes, and treatments to help people live healthier lives. Biotechnology is highly innovative but faces negative public opinion on some applications. Start-up companies in these industries have innovation baked into their culture from the start, giving them a competitive edge.

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More Innovation Resources:

The Six Step Innovation Lifecycle

Innovation is a continuous activity that goes through six steps: Identifying a Problem to Solve, Identifying a Process that Works for You, Engaging Others in the Process, Empowering Groups of People to Build Ideas into Projects, Evaluate and Prioritize, and Idea Implementation.

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ISPIM Grand Prize 2017 - we have a winner!

ISPIM Grand Prize 2017 - we have a winner!

Hewlett Packard Enterprise has won the ISPIM Grand Prize 2017 for Excellence in Innovation Management with their Living Process Challenge, narrowly beating the Fraunhofer Institute.

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Look Inside a Woman’s Purse

A study on the contents of American handbags (and their male counterpart, the "murse") reveals potential for innovation in this market, from physical design to digital integration.

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