Innovation Index

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Kate McKenzie Article from Government Technology 2009

Future gazing is a difficult art form and the likelihood of getting it right is very low. Reading from today into tomorrow is notorious for many hostages to fortune – most of us get it wrong! There are however, a number of relative certainties that can provide a structure for looking at how society might develop and what the role of schools in the future might be. There are a number of things we know now that will impact on our society and economy and that will shape how we develop schools to em… Continue

Added by Kate McKenzie on January 9, 2010 at 5:36pm — No Comments

Ashish Lall An Interesting Metaphor

"Innovation is like a coral reef. Marine biologists don’t fully understand what causes reefs to form ... but we do know that human actions can nurture or harm the process. The same is true for innovation—a natural, chaotic, unpredictable process that is hard, perhaps even impossible, for well-meaning outsiders to foster. If we try to control or micromanage innovation, we risk squeezing out the very life forces that give rise to successful new ideas. Instead, we must focus on finding ways to nurt… Continue

Added by Ashish Lall on November 24, 2009 at 2:00pm — 3 Comments

Kate McKenzie Innovation in Education

One of the most exciting project I'm currently involved with is the creation of a learning campus on the Isle of Wight. The campus will contain a new secondary school whose teaching and learning structure is based in a different way of approaching the curriculum. The building will support a focus on vocational skills, expecting young people to ready and prepared for the world of work and ground them in learning techniques which will enable them to have confidence to meet the challenges of the wo… Continue

Added by Kate McKenzie on November 7, 2009 at 10:09am — 3 Comments

Richard Ferrers President Obama gives innovation speech, outlines US innovation policy

See Obama speech (21 Sept 09) and white paper written by National Economic Council - Larry Summers at http://www.whitehouse.gov/administration/eop/nec/StrategyforAmericanInnovation/ Speech linked to blog post - http://www.whitehouse.gov/blog/A-Vision-for-Innovation-Growth-and-Qualit… Continue

Added by Richard Ferrers on September 22, 2009 at 3:29am — 3 Comments

Charles William Blake Innovating using intangibles

Moons ago I ran a number of intellectual property audits for a major UK defense research organisation. In the process I developed a measure of innovation. It started with the goals of the group or sector. The ideal condition of seven sets intangible assets for the achievement of the goals was predicted with the help fo the management. These assets were defined as culture, capability, infrastructure, market, human centered, process and intellectual property. Measuring their existing state against… Continue

Added by Charles William Blake on September 11, 2009 at 11:34am — 2 Comments

Vadim Grinevich Innovation performance score

McKinsey's Jens-Olaf Berwig, Nathan Marston, Lauri Pukkinen, and Lothar Stein present their method for measuring a firm's innovation performance Continue

Added by Vadim Grinevich on September 8, 2009 at 2:33pm — 1 Comment

Richard Ferrers Innovation Census - Tasmania (Aug 2008)

At a conference at Melbourne University, I attended this week (Creating the Knowledge Economy), Professor Johnathan Ross of the AIRC (www.airc.org.au) - Australian Innovation Research Centre, based at the University of Tasmania announced his work on a Tasmanian Innovation Census, which involved talking to every firm in Tasmania with more than five people, to find out about their innovation. See their report here - http://www.airc.org.au/extras/949.AIRC9007%20Inno%20Tas%20Report_Small_Fil… Continue

Added by Richard Ferrers on August 6, 2009 at 5:00am — 1 Comment

Mike Morrison Innovation Index - measuring the unmeasurable or re-inventing the wheel?

Innovation - product, technology or attitude and culture... Innovation means so many things to so many people, so first we need to have a common understanding of what innovation is. Dr Richard Byrd from the University of Minnesota in the 1960s and 70s undertook some interesting work (see A Personal Guide to Risk Taking Richard E Byrd, AMACOM 1974), which has been further developed by Dr Jacqueline Byrd from a tool that now looks at the innovation capacity of individuals as well as teams and or… Continue

Added by Mike Morrison on July 31, 2009 at 10:39am — 2 Comments

Ashish Lall Innovation Index

An Innovation Index from the National Association of Manufacturers in the U.S. released a couple of months ago. Download: http://www.nam.org/~/media/AboutUs/ManufacturingInstitute/innovationreport.ashx Continue

Added by Ashish Lall on June 9, 2009 at 5:01pm — No Comments

Richard Ferrers Jul 2008 - Melbourne Institure reports Australian Business Innovation Measures

See the press release (30.07.2008) for the 2008 Aust Innovation Report here - http://www.melbourneinstitute.com/news/news/media_releases/2008/IBMMELB2008.html and the pdf report here - http://www.melbourneinstitute.com/publications/innovation/IBM_MI_Innovation_Index_2nd_Ed.pdf Covers business in… Continue

Added by Richard Ferrers on March 30, 2009 at 2:00am — No Comments

Chris Farrell Within R&D, not Beyond R&D

Richard Ferrers has drawn attention to the latest briefing from the BEA on their treatment of R&D as capital for possibly connecting it to GDP growth – a connection essential to the rigor of any putative innovation metric. However NESTA has stated, in its glossary entry on R&D, that this indicator ‘poorly reflects the true level of innovative activity’. It has also identified the need to go ‘beyond R&D’. But if R is separated from D these approaches can be reconciled, especially if D… Continue

Added by Chris Farrell on February 26, 2009 at 9:26am — No Comments

Richard Ferrers Jan 09 - US Dept of Commerce (BEA) releases paper on innovation measurement

See US Dept of Commerce (Bureau of Economic Analysis) latest consideration of measuring innovation and related intangibles in satellite national accounts, including measuring human capital, what is innovation, and deflator's to treating innovation/intangibles as investment. Definition of innovation considered from ASTRA (Innovation Vital Signs project 2007 - online at http://www.usinnovation.org/files/Defining_Innovation807.pdf). Report at http://www.bea.gov/scb/pdf/2009/01%20January/0109_inno… Continue

Added by Richard Ferrers on February 23, 2009 at 5:58am — No Comments

John Cummins University Interaction Index

To begin, there are many indices that could be used to 'measure innovation'. My particular area of interest concerns the interactions between universities and 'industry' (or more accurately, those organisations external to universities). My suggested index concerns the extent of these interactions. The underlying hypothesis is that an innovative environment is characterised (among other things) by extensive interactions between universities and external organisations. The index is: INCOME DER… Continue

Added by John Cummins on February 21, 2009 at 10:26am — No Comments

Richard Ferrers 2009 is the European year of Creativity and Innovation.

1.Link to 2007 EU innovation performance measurement document. Available online at: http://www.proinno-europe.eu/admin/uploaded_documents/European_Innovation_Scoreboard_2007.pdf 2. European year of Creativity and Innovation home is: http://create2009.europa.eu Goals include: he European Year of Creativity and Innovation has the objective to rai… Continue

Added by Richard Ferrers on January 10, 2009 at 3:56am — 1 Comment

Hannah Sutcliffe AIM Conference: Social Science and Innovation Event

Social Science and Innovation Event Royal Society of the Arts (RSA), London On 11th February 2009 a major Social Science and Innovation Event is to be held at the Royal Society of the Arts (RSA) in London. Organised by Lead Innovation Fellow, Professor Michelle Lowe, the event is aimed at academics in management and the social sciences, as well as members of the policy and practice community. Its objective is to generate dialogue between the large amount of research on innovation (broadly def… Continue

Added by Hannah Sutcliffe on December 22, 2008 at 10:30am — No Comments

Vadim Grinevich Innovation metrics from McKinsey

McKinsey_Innovation_Metrics.pdf You may find this article interesting: The McKinsey survey reports that companies who "get the highest returns from innovation use innovation metrics well" and "tend to assess innovation more comprehensively than the others". The article also contains some examples of innovation metrics used. Continue

Added by Vadim Grinevich on December 18, 2008 at 7:08pm — No Comments

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

Added by Richard Ferrers on November 11, 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. Continue

Added by Richard Halkett on September 16, 2008 at 11:54am — 1 Comment

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

Added by Brendan Dunphy on July 19, 2008 at 9:16am — No Comments

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

Added by Brendan Dunphy on July 19, 2008 at 9:11am — 2 Comments

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There are 28 blog posts on Innovation Index
January 12
Kate McKenzie added a blog post
Future gazing is a difficult art form and the likelihood of getting it right is very low. Reading from today into tomorrow is notorious for many hostages to fortune – most of us get it wrong! There are however, a number of relative certainties that…
January 12

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