Measuring innovative performance: is there an advantage in using multiple indicators?
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Abstract
The innovative performance of companies has been studied quite extensively and for a long period of time. However, the results of many studies have not yet led to a generally accepted indicator of innovative performance or a common set of indicators. So far the variety in terms of constructs, measurements, samples, industries and countries has been substantial. This paper studies the innovative performance of a large international sample of nearly 1200 companies in four high-tech industries, using a variety of indicators. These indicators range from R&D inputs, patent counts and patent citations to new product announcements. The study establishes that a composite construct based on these four indicators…
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Authors
2Topics & keywords
Topics
Keywords
- Variety (cybernetics)
- Performance indicator
- Sample (material)
- Construct (python library)
- Business
- Product (mathematics)
- Set (abstract data type)
- Composite indicator
UN Sustainable Development Goals
- Industry, innovation and infrastructure
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