Innovation Index

Welcome to the Innovation Index Project collaborative workspace

Innovation Nation, the DIUS White Paper on innovation (March 2008) states that NESTA will 'develop an Innovation Index to measure UK innovation in the round ... A pilot index will be published in 2009 with a fuller system in place by 2010.' For more information on the background to and content of the Index project, please see the 'Innovation Index library'.

The Innovation Index project is a major effort combining research rigour with policy relevance. However, it will only succeed through collaboration.

Please note that the Call for Ideas opened at the launch of the Index Project on July 7th 2008 closed at 5pm GMT on Friday 12th September, 2008.

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Innovation Index Working Papers

1. An Innovation Index Based on Knowledge Capital Investment
Tony Clayton, Mariela Dal Borgo and Jonathan Haskel

2. Proposal for Measures of Firm-Level Innovation Performance in 12 Sectors of UK Industry
Richard Adams, Andy Neely, Bassil Yaghi and John Bessant

3. Wider Conditions for Innovation
Diane Coyle and Mary Beth Childs

4-1. Innovation in Government Organizations, Public Sector Agencies and Public Service NGOs LSE Public Policy Group

4-2. Innovation in the Public and Third sectors
John Clark, Barbara Good and Paul Simmonds

5. TFP, Welfare and Innovation: The Implications for an Index of Innovation
Dolores Añón Higón and Paul Stoneman

6-1. Innovation and Well-being
Paul Dolan, Rob Metcalfe, Nick Powdthavee, Andy Beale and David Pritchard

6-2. Innovation and Well-being
Richard Miller, Nic Marks and Juliet Michaelson

Blog Posts

Richard Ferrers

Innovation Measurement Links

Here are some recent Innovation Measurement web pages I have come across recently: Boston Consulting Group (Aug. 2008) Innovation 2008: Is the Tide Turning? A survey of 3000 executives say they are less happy with their return on innovation (2008 43% happy, 2006 52% happy), and will spend less on innovation in 2008 (2008 63% spend more, 2006 72% spend more). 28 pages http://www.bcg.com/impact_… Continue

Posted by Richard Ferrers on 11 November 2008 at 5:52am — 2 Comments

Richard Halkett

Thank you & update

Thank you to all those who posted or emailed responses to the Call for Ideas. We also received full reports from the eight Mini Projects that were launched over the Summer. The NESTA Index team are currently digesting these. We hope to post them online for wider discussion by Friday 19th September, 2008.

Posted by Richard Halkett on 16 September 2008 at 11:54am

Brendan Dunphy

How can we value "innovation capability"?

Is the innovation capability of an organisation measurable as a financial asset and is it typically valued during due diligence at the time of acquisition? We all know that a Brand has a value (negative or positive - see previous post 'Innovatiion Beyond the Product) so is it possible to value other intangible assets such as innovation capability? Does anyone have any experience of trying to do this and with what results? What are the challenges and constraints? If not, is this one fewer… Continue

Posted by Brendan Dunphy on 19 July 2008 at 9:16am

Brendan Dunphy

What do we mean by 'innovation'?

Scott Berkun in "Why Innovation Is Overrated" on the Harvard Business blog....argues that the term "innovation" is vague and useless and we should be focsing on "making great things". I think that making "great things" will always be relevant but it is a very industrial-era concept that belongs to Edison. The world has moved-on and "innovation" needs to catch-up....here is my response: "… Continue

Posted by Brendan Dunphy on 19 July 2008 at 9:11am

Richard Halkett

RIST Group meeting

On Wednesday, I was invited to make a presentation on the Index to the regular gathering of Regional Innovation, Science and Technology (RIST) leads for the RDAs and Devolved Governments. The meeting was held here at NESTA. The meeting was very useful, focusing primarily on the practicality of the Index and its usefulness to policymakers. We were encouraged to move the concept of innovation 'out of the too difficult' box. There was a readiness to accept the compromise that would be inherent in… Continue

Posted by Richard Halkett on 10 July 2008 at 8:00pm

Call for Ideas

Discussion: What should the Innovation Index contain?

Contains the primary questions for consultation around the purpose, content and structure of the Innovation Index Project.

9 discussions

Full formal submissions

For those who would perfer to submit full formal submissions that will then be available for discussion.

4 discussions

Innovation Index library

Contains background documents on the Innovation Index Project and formal progress updates.

15 discussions

How to use this site

Some general guidance and advice on how to use this site.

4 discussions

 
 

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If you would like to be kept informed about the latest developments of the Innovation Index project, just sign up to the Index webpage and we will send you an e-mail with an update containing the latest news.

Latest Activity

Richard Ferrers Richard Ferrers commented on the blog post Innovation Measurement Links 17 Nov
Richard Ferrers Richard Ferrers commented on the blog post Innovation Measurement Links 17 Nov
Richard Ferrers Richard Ferrers added the blog post 'Innovation Measurement Links'11 Nov
Richard Ferrers Richard Ferrers replied to the discussion What is innovation? 11 Nov

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