Geopolitical risk accounts for a greater impact on those Country Email List companies with more foreign clients . The greater the proportion of foreign clients that companies have at their side and the more voluminous the turnover emanating Country Email List from these foreign clients, the more negative is the impact of the increased geopolitical risk on innovation. Companies with foreign clients are therefore more at the mercy of uncertainty and Country Email List develop greater risk aversion in periods of rising geopolitical tensions. 4.
Staff turnover has a lot to do with the Country Email List prolapse of innovation within companies When sociopolitical risk skyrockets, companies' investment in research and development inevitably suffers a prolapse and this translates into Country Email List higher staff turnover in companies' innovation departments. In fact, staff turnover and the lack of human capital to undertake innovation have a much more profound impact on innovation levels Country Email List than reduced investment in research and development.
While the drop in investment in research and Country Email List development translates into a 2% drop in the number of patents filed, this proportion climbs to 17% in the case of staff turnover. 5. The impact of geopolitical risk on innovation is a long-term Country Email List impact The negative impact of geopolitical risk on innovation persists for an average of 3-5 years and typically reaches its peak two years after the start of the increase in GR. In this sense, Country Email List although geopolitical tensions do not last excessively over time, their"The age of anger", the new series from Mediated, has launched a campaign through Publicist