UNU-MERIT Working Papers Series
Where are innovation indicators, and their applications, going?
Fred Gault #2014-055This paper reviews the current state of indicators of the activity of
innovation and how they are presented for use in the policy process
leading to a discussion of the development of new indicators, some
outside of the business sector, which raises questions about the
definition of innovation. This is followed by a review of plans for the
evolution of innovation indicators and their use over the next few
years. These plans, national and international, are diverse and this
leads to a discussion of international organizations and forums which
could facilitate progress towards new indicators and a better
understanding of innovation systems.
JEL Classification: O30, O31, O35, O38, Z18
Keywords: Innovation indicators, definitions of innovation, development of innovation indicators
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