The‘virtuous circle’ of exporting and innovation

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The‘virtuous circle’ of exporting and innovation

  1. 1. Page 16 THE ‘VIRTUOUS CIRCLE’ OF EXPORTING AND INNOVATION Exporting leads to innovation… There is evidence to suggest a ‘virtuous circle’ between exporting and innovation. “Trying to solve which comes first between innovation and exporting can become a chicken and egg question, but certainly when you go overseas you need to be prepared to think differently and that promotes innovation.” Mark Robson, UKTI International Trade Director 53% OF FIRMS HAVE DEVELOPED NEW PRODUCTS AND SERVICES TO DO BUSINESS OVERSEAS. 16

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