Mobile innovation up despite economic recession
The GSMA Mobile Innovation Research has revealed that innovation in the mobile phone industry around the world is as strong as ever during the global economic downturn.
Survey findings released this week by the GSM Association reveal that an overwhelming majority of global mobile network operators, investors and technology vendors believe that the current economic malaise is actually driving innovation in the telecoms industry.
The in-depth industry study, which surveyed the opinions of 200 senior executives working at MNOs, venture capitalists and mobile innovators around the globe, indicated that nearly 70% of respondents believe that the increased need to prove a business case for new products and services during a downturn helps rather than hinders innovation.
