Measuring innovation in all sectors of the economy

Fred Gault

#2015-038

This paper reviews the history of measurement of innovation using definitions in three editions of the Oslo Manual. It then draws on work on innovation in the public sector and innovation by households to generalise the Oslo Manual definitions for application in all sectors of the economy, as defined in the 2008 Manual for the System of National Accounts. The generalised, or meta-definitions are then discussed in the context of each sector and linked to current literature. Finally, the role of measurement in policy learning is considered as well as the importance of innovation indicators for the development, monitoring and evaluation of innovation policy across the economy.

JEL Classification: C82, O30, O31, O38, Z18

Key words: Innovation indicators, definitions of innovation, system of national accounts, policy learning, statistical measurement

  


UNU-MERIT