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Tidd, Joe, Driver, Ciaran and Saunders, Peter (1996) 'Linking Technological, Market & Financial Indicators Of Innovation.' Economics of Innovation and New Technology, 4 (3). pp. 155-172.

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Abstract

This paper describes the results of a feasibility study to develop a national Innovation Scoreboard to measure and track the innovative performance of companies in the UK. It begins with a review of potential technological, market and financial indicators of innovation, and using data in the public domain, develops a trial Innovation Scoreboard based on 40 firms from five different sectors. The preliminary findings suggest that product announcements made in the specialist press may be a viable indicator of innovation at the level of the firm. Specifically, the evidence suggests that product announcements represent a useful measure of innovative output, which combined with expenditure on research and development provide a measure of research efficiency. This measure of research efficiency is shown to be associated with higher market to book values.

Item Type: Journal Article
SOAS Departments & Centres: Departments and Subunits > School of Finance & Management
Legacy Departments > Faculty of Law and Social Sciences > School of Finance and Management
ISSN: 10438599
DOI (Digital Object Identifier): https://doi.org/10.1080/10438599600000006
Date Deposited: 15 Aug 2015 15:37
URI: https://eprints.soas.ac.uk/id/eprint/20517

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