Innovation measurement - a comparative analysis between innovation measurement literature and innovation measurement tools

Abstract

Innovation is paramount for organizations as a primary source of competitive advantage. It is crucial for organizations to measure and quantify their innovation level in order to optimize resource allocation. There are several tools aimed to evaluate the innovation level of organizations. However, these tools lack some internal validity due to their misalignment with recommendations from research. The present thesis is a comparative analysis between the recommendations from the literature on innovation measurement and the structure of the main tools used for measuring innovation in organizations. Our findings propose recommendations for further improvement of these tools.