For the first time ever, Canadian companies took part in PwC’s Global Innovation Survey. More than 1,707 executives from around the globe agree that innovation isn't just important, it’s essential to staying relevant and competitive in an evolving global market. Although Canadian companies express a very eager appetite for innovation, they lag behind the world in having some key components necessary for staying ahead of the curve.
The vast majority of Canadian companies that took part in the global survey were from the financial, technology, information, communication and entertainment sectors*. Here are the highlights from their perspectives on innovation.
* Our survey features responses from a cross-section of the financial services sector (26% responses) and a cross-section of technology, information, communication, and entertainment sector (43% responses).