The Problems Measuring Innovation

ABSTRACT:
There are tasks we want to do that are reasonable to do and are practical to do. There are activities we want to do that are sensible but difficult to accomplish. Measuring innovation, which sounds important and reasonable, often falls in the second category. It sounds reasonable and important to measure innovation, but is often very difficult to do well. Sort of like measuring sand with a ruler, we may have the wrong tools, or the tools may not exist, or, quite possibly, there are some things we simply don't know how to measure. As Einstein said, not every thing that counts is countable, and not everything that can be counted counts. Let's look at some of the challenges in measuring innovation.

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