The challenge of measuring innovation in emerging economies' firms: A proposal of a new set of indicators on innovation

Marins, Luciana (2008). The challenge of measuring innovation in emerging economies' firms: A proposal of a new set of indicators on innovation. UNU-MERIT.

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UNU-MERIT Working Papers

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  • Author Marins, Luciana
    Title The challenge of measuring innovation in emerging economies' firms: A proposal of a new set of indicators on innovation
    Publication Date 2008
    Publisher UNU-MERIT
    Abstract The traditional indicators on innovation rely on the linear assumption that research leads to development, centring on the measurement of inputs and outputs. Based on the traditional innovation indicators, recent studies focused on the industrial innovation process at Latin America state that nowadays Latin American firms display a passive role at world’s innovative activities, characterised by the lack of firms’ innovative skills. However, these indicators do not seem to be the most appropriate for measuring innovation, especially in emerging economies’ firms. The focus of this paper is to theoretically propose a set of new indicators on innovation that might be more adequate to the reality of firms located in emerging economies, centring on the way innovation activities process takes place within the firms. In order to do so, the paper searches for support from five approaches of the economic theory. The validation of the suggested set of new indicators could shed some light on the understanding of the innovative performance of emerging economies’ firms.
    Keyword Innovation process
    Indicators
    Economic theory
    Emerging economies’ firms
    JEL L20
    M10
    M21
    O30
    Copyright Holder UNU-MERIT
    Copyright Year 2008
    ISSN 1871-9872
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    Created: Wed, 11 Dec 2013, 16:23:04 JST