by: Dominic Basulto
According to a study prepared by the Royal Institute of Technology and Cap Gemini, the top ten Swedish innovators - including IKEA and Ericsson - continuously conducted benchmarking studies concerning innovation, developed relevant innovation metrics for their industries and experimented with idea management software.
That being said, the study also pointed out that innovation remains a very "fuzzy" concept, even for the leading Swedish innovators. Senior managers tend to disagree about the overall innovation strategy of their organizations; lack a methodology or systematic approach towards innovation; and find the overall process of innovation difficult to manage.
The full report on Swedish innovation is available here.