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 the ideal gave an idea of how innovative the group needed to be. It enabled the building of an innovation strategy together with tactical plans for closing the gaps and allowed a good estimate of the tangible assets necessary. It was part qualitative, part quantitative and seemed to work quite well so we dubbed it the seven pillars of enterprise (7PE). I've been using and refining it ever since. If anyone is interested I'd be happy to elaborate.
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