Are you innovative enough?

Many countries have been influenced by Corporate Governance for very good reasons. But there seems to be a downside to this. For instance, Denmark currently has a larger number of entrepreneurs per capita than the USA. However, at the same time, the net growth from start-ups is close to zero. This indicates that too few start-ups survive and prosper in the long run. Also, the overall hit rate of Danish innovation projects has been measured to be as low as 6%–7%. This serves to illustrate the need for working systematically with innovative competence and management, perhaps even the need to supplement Corporate Governance with a form of Innovation Governance.