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Low-technology modes of innovation in the business sector: expanding measurement perspectives

In: Handbook of Innovation Indicators and Measurement

Author

Listed:
  • Fernanda Reichert
  • Kieran O’Brien

Abstract

Innovation is essential to economic development and should be measured in all industries, regardless of technological intensity. Modes of innovation in low-tech industries (LTIs), defined as manufacturing and services sectors with typically low R&D investments, are often neglected due to a traditional focus on R&D-based indicators. Innovation in LTIs can drive important economic outcomes, and typically draws on experience-based knowledge from different areas within the firm, incremental organizational innovation, external knowledge and technology sourcing, and interactions with external parties including users. In this chapter, we draw on the literature on innovation in LTIs and national and regional innovation studies in Australia and Brazil. We recommend important new and existing indicators for measuring low-technology modes of innovation in the business sector that should be included in future approaches to collecting innovation statistics.

Suggested Citation

  • Fernanda Reichert & Kieran O’Brien, 2023. "Low-technology modes of innovation in the business sector: expanding measurement perspectives," Chapters, in: Handbook of Innovation Indicators and Measurement, chapter 6, pages 88-110, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:20555_6
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    File URL: https://www.elgaronline.com/doi/10.4337/9781800883024.00015
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