Global survey points to growth for innovators

These are the findings of Silicon Valley Bank’s sixth annual Innovation Economy Outlook study that was released today.

The annual survey is designed to gauge perceptions on business conditions, capital-raising opportunities, hiring and talent, public policy issues and other topics relevant to innovation businesses.

This year’s survey included responses from more than 1,100 executives worldwide from software, hardware, cleantech, life science and healthcare businesses in start-up and growth stages of business in the US, UK and other global innovation hubs, with over 120 respondents in the UK.

“Our research has revealed continued optimism and momentum among both start-up and long-term players in the global innovation economy, and this trend is increasingly evident in the UK,” said Phil Cox, head of EMEA and president of the UK Branch for Silicon Valley Bank. “At a time when the pace of disruption is unprecedented, it is difficult to think of an industry or sector that isn’t embracing innovation for the benefit of its employees, operations and clients.”