How do we
measure
innovation?
http://www.imagebase.net/Concept/imagebase8_17
Question # 1
How do we measure
innovation input?
Research and development budget per year as
a percentage of total revenues per year
Research & development budget in year ...
The number of hours that a person spends in week x
studying presentations / blog postings / books etc.
related to innovati...
The number of people who learn about
creative thinking methods in month x
The total number of people working for
the compa...
Number of likes and retweets that a person makes
in month x to tweets related to innovation
Number of days per month a per...
The total number of ideas that a person
develops and communicates in month x
The average number of ideas that a person dev...
Ideas that come from external people through social
media as percentage of total ideas developed in month x
The number of ...
Question # 2
How do we measure
an innovation process?
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...
The number of days it takes from
 the day an idea is communicated to
 the day that a resulting service / product is
used...
The number of barriers that a person experiences from
 the day she communicates an idea to
 the day that a resulting pro...
The number of times that a person is praised
by other people from
 the day she communicates the idea to
 the day the res...
Question # 3
How do we measure
innovation output?
Revenues from products or services introduced in the
last 2 years as a percentage of total revenues
Revenues in month x fr...
Percentage of revenue coming from international markets
Revenue from international markets
Total revenue
Revenues from services as a percentage of
revenues from products
Revenues from services in month x
Revenues from products ...
Number of new users in month x.
Costs of material y saved in month x
due to using a new idea.
Change in extent to which people trust
people they work with during month x.
Change in extent to which people are excited
about what they do during month x.
Some sources
http://www.bizjournals.com/bizjournals/how-to/growth-strategies/2014/11/6-ideas-about-how-to-measure-innovati...
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How do we measure innovation?

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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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How do we measure innovation?

  1. 1. How do we measure innovation? http://www.imagebase.net/Concept/imagebase8_17
  2. 2. Question # 1 How do we measure innovation input?
  3. 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. 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. 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. 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. 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. 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. 9. Question # 2 How do we measure an innovation process?
  10. 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. 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. 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. 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. 14. Question # 3 How do we measure innovation output?
  15. 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. 16. Percentage of revenue coming from international markets Revenue from international markets Total revenue
  17. 17. Revenues from services as a percentage of revenues from products Revenues from services in month x Revenues from products in month x
  18. 18. Number of new users in month x.
  19. 19. Costs of material y saved in month x due to using a new idea.
  20. 20. Change in extent to which people trust people they work with during month x.
  21. 21. Change in extent to which people are excited about what they do during month x.
  22. 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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