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How do we measure innovation?

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Question # 1: How do we measure innovation input? …

Question # 1: How do we measure innovation input?
Question # 2: How do we measure an innovation process?
Question # 3: How do we measure innovation output?



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  • 1. How do we measure innovation? http://www.imagebase.net/Concept/imagebase8_17
  • 2. Question # 1 How do we measure innovation input?
  • 3. Research and development budget per year as a percentage of total revenues per year Research & development budget in year x Total revenues in year x
  • 4. The number of hours that a person spends in week x studying presentations / blog postings / books etc. related to innovation The number of hours the person works in week x Part of weekly work time spent on studying presentations / blog postings / books etc. related to innovation
  • 5. The number of people who learn about creative thinking methods in month x The total number of people working for the company in month x The number of people who learn about creative thinking methods as percentage of total number of people
  • 6. Number of likes and retweets that a person makes in month x to tweets related to innovation Number of days per month a person works Average number of likes and retweets that a person makes per day to tweets related to innovation
  • 7. The total number of ideas that a person develops and communicates in month x The average number of ideas that a person develops and communicates per day Number of days per month a person works
  • 8. Ideas that come from external people through social media as percentage of total ideas developed in month x The number of ideas communicated - in month x - by external people through social media The total number of ideas communicated in month x
  • 9. Question # 2 How do we measure an innovation process?
  • 10. The number of hours that a person spends on trying out ideas in month x The number of hours that the person works in month x Part of monthly work time spent on trying out ideas
  • 11. The number of days it takes from  the day an idea is communicated to  the day that a resulting service / product is used by a customer.
  • 12. The number of barriers that a person experiences from  the day she communicates an idea to  the day that a resulting product / service is used by a customer / user for the first time.
  • 13. The number of times that a person is praised by other people from  the day she communicates the idea to  the day the resulting product is first used by a customer / user.
  • 14. Question # 3 How do we measure innovation output?
  • 15. Revenues from products or services introduced in the last 2 years as a percentage of total revenues Revenues in month x from products or services introduced in the last 2 years Total revenues in month x
  • 16. Percentage of revenue coming from international markets Revenue from international markets Total revenue
  • 17. Revenues from services as a percentage of revenues from products Revenues from services in month x Revenues from products in month x
  • 18. Number of new users in month x.
  • 19. Costs of material y saved in month x due to using a new idea.
  • 20. Change in extent to which people trust people they work with during month x.
  • 21. Change in extent to which people are excited about what they do during month x.
  • 22. Some sources http://www.bizjournals.com/bizjournals/how-to/growth-strategies/2014/11/6-ideas-about-how-to-measure-innovation.html http://creatingminds.org/tools/tools_selection.htm http://www.fastcodesign.com/3031788/how-to-measure-innovation-to-get-real-results https://hbr.org/2013/12/a-winning-culture-keeps-score/ http://www.inc.com/ilan-mochari/innovation-metric.html http://innovateonpurpose.blogspot.com/2011/03/criteria-for-your-idea.html http://www.innovationmanagement.se/2011/10/10/measuring-for-innovation%E2%80%93a-guide-for-innovative-teams/ http://www.innovation-point.com/innovationmetrics.htm http://www.mixprize.org/story/crafting-one-of-worlds-largest-ideapreneurship http://www.oecd-ilibrary.org/education/measuring-innovation-in-education_9789264215696-en http://performance.ey.com/2014/03/03/measure-innovation/ http://www.realinnovation.com/content/c080811a.asp http://research.gigaom.com/2014/02/how-to-measure-innovation/ https://www.wethinq.com/en/blog/2014/03/06/How-to-Measure-Open-Innovation.html

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