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GSM Association: Global recession doesn’t impact innovation

Categories: Research
By: , IntoMobile
Friday, June 5th, 2009 at 2:27 AM

GSM AssociationGSM Association has recently unveiled results of its survey of 200 senior executives working at mobile operators, venture capitalists and mobile innovators around the globe. And as you can guess from the article’s title – despite recession, companies keep investing in R&D. As a matter of fact, 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.

Furthermore, 80% of the industry strongly believes that maintaining levels of spend on R&D is vital if mobile network operators are to benefit from the growth potential of new and innovative services. In that sense, 80% of respondents said that migration/upgrade to the LTE standard is set to provide developers with an environment that helps take innovation to the next level.

Region wise, 45% of respondents suggested that the most innovative projects will come from high-growth emerging markets, such as India and China; while 55% believed that established markets would continue to innovate.

The research comes on the heels of the GSMA announcement of the 10 innovator nominee companies who entered into the 2010 Mobile Innovation Grand Prix – EMEA Tournament, along with the the announcement of the HiT Barcelona World Innovation Summit that will take place in Barcelona, Spain, 17-19 June.

About The Author

Dusan Belic

Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.