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Global executives confidence in Saudi Arabia s innovative ecosystem increases

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Global executives confidence in KSA s innovative ecosystem increases

JEDDAH: More than one-third of global business executives think that Saudi Arabia provides an innovation-conducive environment, according to the latest GE Global Innovation Barometer report. The barometer surveyed over 3,400 business executives in 22 countries, including Saudi Arabia, and figures for the Kingdom were up 11 percent on 2018, the largest rise by any of the countries involved in the study. The special-edition survey compared results from early 2020 with those of an additional pulse study in September to understand the changes in executives’ views throughout the coronavirus disease (COVID-19) pandemic. Saudi business executives’ faith in the Kingdom’s self-sufficiency and ability to innovate was found to have increased since the start of the pandemic to 62 percent, compared to 58 percent in January 2020.

Pride and Protectionism: GE publishes 2020 GE Global Innovation Barometer

Pride and Protectionism: GE publishes 2020 GE Global Innovation Barometer 14:00 | 09/01/2021 GE’s global survey of business executives has found a growing number of executives who are confident that their country is self-sufficient and does not need to rely on other countries to innovate. 87 per cent of business executives say that innovation plays a vital role in protecting people s health and wellbeing American multinational conglomerate GE has just unveiled the results of its 2020 GE Global Innovation Barometer titled “Pride and Protectionism: A Quest for Innovation Agency”. The study, which included survey questions both before the global outbreak of COVID-19 in December 2019 and again in September 2020, explores how global business leaders think about the state of innovation and how its future is being impacted by the pandemic and other geopolitical trends.

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