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Measurement of innovation

In: The Elgar Companion to Innovation and Knowledge Creation

Author

Listed:
  • Stephane Lhuillery
  • Julio Raffo
  • Intan Hamdan-Livramento

Abstract

There is a growing interest in broadening the measurement scope of innovation to consider “creative” activities, suggesting that the usual indicators of innovation satisfy neither scholars nor policy makers. Conceptually, there is little difference between innovative and creative activity. However, it is difficult to know to what extent the current measures that capture innovation are relevant for creativity. Can the new measures for creativity benefit from the experience accumulated through R&D and innovation? Our chapter provides insights and lessons learned from using measures of innovative activities for scholars who are interested in capturing creative activities. We underscore the difficulties faced when measuring innovation and draw some parallels between these difficulties and the efforts undertaken to measure creativity.

Suggested Citation

  • Stephane Lhuillery & Julio Raffo & Intan Hamdan-Livramento, 2017. "Measurement of innovation," Chapters, in: Harald Bathelt & Patrick Cohendet & Sebastian Henn & Laurent Simon (ed.), The Elgar Companion to Innovation and Knowledge Creation, chapter 7, pages 99-118, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15485_7
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    Cited by:

    1. Castaldi, Carolina, 2018. "To trademark or not to trademark: The case of the creative and cultural industries," Research Policy, Elsevier, vol. 47(3), pages 606-616.

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