《《the definition and measurement of innovation》.pdfVIP

The Definition and Measurement of Innovation* Mark Rogers Melbourne Institute of Applied Economic and Social Research The University of Melbourne Melbourne Institute Working Paper No. 10/98 ISSN 1328-4991 ISBN 0 7325 0973 4 May 1998 *This paper is the result of work being undertaken as part of a collaborative research program entitled The Performance of Australian Enterprises: Innovation, Productivity and Profitability. The project is generously supported by the Australian Research Council and the following collaborative partners: Australia Tax Office, Commonwealth Office of Small Business, IBIS Business Information Pty Ltd, Industry Commission, and Victorian Department of State Development. The views expressed in this paper represent those of the author and not necessarily the views of the collaborative partners. Melbourne Institute of Applied Economic and Social Research The University of Melbourne Parkville, Victoria 3052 Australia Telephone (03) 9344 5288 Fax (03) 9344 5630 Email melb.inst@.au WWW Address .au/iaesrwww/home.html Abstract This paper discusses the definition and measurement of innovation at the firm-level. Innovation is the process of introducing new ideas to the firm which result in increased firm performance. Various measures of innovative activity are discussed and evaluated. All the individual measures discussed can only act as partial indicators of the extent of innovation.