K&H: new innovations are missing from smEs – few have started to innovate

Companies that have recently launched a new product are in the minority in Hungary, according to K&H’s innovation index, this was true for 43 out of 100 companies. Large companies are out of the field, with nearly 70 percent of them coming out with novelty, while only 38 percent of the smallest companies have done the same. Companies with interests in industry and services play a major role in new products, and commercial and agribusiness companies are lagging behind.