Where are innovation indicators, and their applications, going?
This 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