University of Sussex
Browse

File(s) not publicly available

Linking technological, market and financial measures of innovation

journal contribution
posted on 2023-06-07, 21:31 authored by Joseph Tidd, Ciaran Driver, Peter Saunders
This paper describes the results of a feasibility study to develop a national Innovation Scoreboard to measure and track the innovative performance of companies in the UK. It begins with a review of potential technological, market and financial indicators of innovation, and using data in the public domain, develops a trial Innovation Scoreboard based on 40 firms from five different sectors. The preliminary findings suggest that product announcements made in the specialist press may be a viable indicator of innovation at the level of the firm. Specifically, the evidence suggests that product announcements represent a useful measure of innovative output, which combined with expenditure on research and development provide a measure of research efficiency. This measure of research efficiency is shown to be associated with higher market to book values.

History

Publication status

  • Published

Journal

Economics of Innovation and New Technology

ISSN

1043-8599

Publisher

Taylor & Francis

Issue

3

Volume

4

Page range

155-172

Department affiliated with

  • SPRU - Science Policy Research Unit Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-02-06

Usage metrics

    University of Sussex (Publications)

    Categories

    No categories selected

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC