K&H: the desire to innovate is waning
In recent months, Hungarian companies have carefully scaled back their innovation ideas. The K&H innovation index shows a slight decline. The Russian-Ukrainian armed conflict is further worsening the waning corporate innovation spirit. “Innovation is the key to competitiveness, the digital transition is an excellent reflection of this,” says Balázs Németh, head of innovation at K&H.
The K&H innovation index fills a gap because it shows from time to time where the Hungarian economy stands in the innovation competition and what developments the actors of the economy are preparing for the future. At the moment, the overall picture is not very bright – this is how K&H 2022’s innovation index for the second half of the year can be summarized, which decreased by 2 points to 28 points compared to the previous half.
“This performance is weaker than average, essentially reflecting Hungary’s not-so-prestigious place in the European innovation ranking. However, innovation is the key to competitiveness, because it enables the company to satisfy the needs of customers better than before and increases its efficiency”
– says Balázs Németh, head of innovation at K&H.
Related news
K&H youth index: Young people do not feel their jobs are stable
According to the K&H youth index, the proportion of young…
Read more >XIXO Pink Lemonade Strawberry and Lime 250 ml
We have brought the new XIXO Pink Lemonade soft drink…
Read more >Related news
Grilling cheese didn’t go up in smoke
The average price of grilling cheese is much higher (nearly…
Read more >What do shoppers say about the new retail tools?
At the beginning of the year, Consumer Panel Hungary GfK–YouGov asked panel…
Read more >Special foods ranking: 1. Diabetic, 2. Low-carb, 3. Lactose-free
Different special diets and foods are frequently discussed, and it…
Read more >