Where are innovation indicators, and their applications, going?

Fred Gault

#2014-055

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

  


UNU-MERIT