The innovation capabilities of Dutch firms have gone down last year. That is the conclusion of the Erasmus Competition and Innovation Monitor (Erasmus Concurrentie en Innovatie Monitor), a yearly study by the Erasmus University.

The number of new products and services introduced, so-called ‘radical innovations’, fell by 6% between 2013 and 2014. There was also a decline of 4% in the number of improvements (‘incremental innovations’) launched, resulting in the lowest innovation level since the research started back in 2006.