• Corpus ID: 41488748

Measuring Innovation : Challenges and Best Practices

  title={Measuring Innovation : Challenges and Best Practices},
  author={Gus Manoochehri},
Given today’s competitive business environment, innovation has become a critical function. In order to manage innovation effectively, it needs to be measured. However, measuring innovation has proved to be very challenging. Based on review of literature, companies' practices, consultants’ experiences and survey results, this paper provides a clearer and more comprehensive understanding of challenges and best practices in measuring innovation. After review of key challenges, the use of an… 

Lost in Translation in the Innovation Metrics Landscape: A Review and Framework

  • Irina Stoyneva
  • Business
    Journal of Behavioral and Applied Management
  • 2022
As management modes of innovation evolve from in house R&D to embrace open innovation, it is problematic that today’s innovation metrics, as reflected in annual statements, do not capture the real

Innovation Performance Indicators for Architecture, Engineering and Construction Organization

It is known that organizations can gain a competitive advantage only by managing effectively for today, while simultaneously creating innovation for tomorrow, and sustainability is one of the

Open Innovation as a Strategy to Sustainably Compete in the Textile Industry

Innovation is crucial for business in order to meet consumers' needs and stakeholders' expectations. Innovation emerges as a must for all activity sectors, including the textile industry. Change can

Explicit Design of Innovation Performance Metrics by Using Analytic Hierarchy Process Expansion

  • S. Kim
  • Business
    Int. J. Math. Math. Sci.
  • 2014
This new framework of innovation measurement is targeted for implementation at the actual analysis for innovation competitiveness of companies and expected to provide the milestones of measuring the innovation more effectively.

The measurement of innovation for management, Research and policy

Abstract This paper is a literature review regarding the known practices of measuring innovation, for policy, research or management purposes. Article is deliberating on the importance of known and

Review of Innovation Management Frameworks and Assessment Tools

Research studies are highly fragmented when an Innovation Management Framework is being discussed. With the aim to identify an Innovation Management Framework/Assessment Tool suitable for Small &

How Objective Are Subjective Measures of Organizational Innovativeness, Really?

Purpose: This paper aims to match subjective and objective measures of organizational innovativeness and test correlative relationship between the two. Methodology: The research adopts a quantitative

Startups, Innovation and Performance: An Empirical Analysis in the Italian Context Using SMAA-S

Since 2012, with the Growth Decree 2.0, the Italian Government has been engaged in promoting the establishment and the growth of new innovative startups with a high technological value. The general

Efficiency and effectiveness between open and closed innovation: empirical evidence in South Korean manufacturers

The results show that both efficiency and effectiveness were statistically higher among open innovation firms than among their closed counterparts, and it may be concluded that the acquisition of outside technology or knowledge has a positive impact on firm performance.



Measuring Innovation: Beyond Revenue From New Products

OVERVIEW: Because innovation can be achieved in many ways, measuring innovativeness is difficult to do well with a single measure. One effective approach is to pair a “fixed” with a “variable”

Measuring innovation performance

  • Eric Mankin
  • Business
    Innovation for Sustainable Development Review – Belarus
  • 2021
How does your organization measure its innovation performance? I asked this question at the outset of a recent conference on the ways in which large corporations measure innovation. The conference

Growing Through Innovation

OVERVIEW: Innovation has always been a marriage of what's needed with what's possible. Originally, “what's possible” was about technology, but at Procter & Gamble today it's about creating and

Innovation in large versus small companies: insights from the US wood products industry

Purpose – Aims to explain the effect of firm size on company innovation inside one industry context: the wood products industry.Design/methodology/approach – The strategic issues under study

Market orientation and organizational performance: Is innovation a missing link?

In recent years, a market-oriented corporate culture increasingly has been considered a key element of superior corporate performance. Although organizational innovativeness is believed to be a

The Innovativeness and Growth of Rural SMEs During the 1990s

NORTH D. and SMALLBONE D. (2000) The innovativeness and growth of rural SMEs during the 1990s, Reg Studies 34 , 145‐157. The paper summarizes the results of a study of innovation in rural small and

Metrics Madness,

  • Business Week, September
  • 2006

Measuring Innovation: Gauging Your Organization’s Success,

  • R&D Magazine, February
  • 2005

Measuring Innovation 2009: The Need for Action, A BCG Senior Management Survey

  • 2009

Big Blue’s Global Lab,

  • Business Week, September
  • 2009