Innovation performance measurement: striking the right balance: summary

Innovation performance measurement: striking the right balance: summary
Document type
Summary
Author(s)
Birchall, David; Tovstiga, George; Morrison, Andrew
Publisher
Corven Networks
Date of publication
1 August 2011
Subject(s)
Trends: economic, social and technology trends affecting business, Management & leadership: including strategy, public sector management, operations and production
Collection
Business and management
Material type
Reports

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Innovation performance measurement continues to be a problematic management challenge. This is the summary of a longer research report that addresses the following questions:

  • If innovation is at least partly driven by serendipitous events, to what extent can it be measured?
  • What measurements of innovation are meaningful - that is, what are the measurements that can be acted on?
  • What are the assumptions underlying any measure of innovation performance?
  • What limitations are there to measurement, both physical and conceptual?
  • What are the underlying assumptions that justify the measurement of innovation performance?
  • What are the limitations and constraints on any meaningful measure of innovation performance?
  • What is the best way to design a measurement system?

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