Global S&T Development Trend Analysis Platform of Resources and Environment
Measuring the Degree of Corporate Innovation | |
[unavailable] | |
2017-09-18 | |
出版年 | 2017 |
语种 | 英语 |
国家 | 国际 |
领域 | 气候变化 |
英文摘要 |
Using only one measure of corporate innovation can distort the view of progress; using multiple signals is more reliable. Corporate innovation propels both company performance and economic growth. Yet, measuring corporate innovation proves to be challenging, leading researchers to rely on a variety of different signals, such as reported research and development (R&D) expenditure, patent citations, and new product announcements. We suggest that each of these signs of corporate innovation provides a noisy, biased signal of a firm’s technological progress and capacity. Moreover, relying on a single indicator of an activity eliminates useful information, suggesting that all of the observable signals about corporate innovation should be included in measuring it. Using the annual survey of senior executives by BCG/BusinessWeek to identify the most innovative companies, we create two composite measures of corporate innovation. Finally, we evaluate how a common use of these individual, noisy signals of innovation to capture R&D productivity influences studies on innovative efficiency. Simulation analysis shows that scaling one noisy, biased signal of innovation by another (e.g., R&D productivity) magnifies the noisy signal problem and leads to biased inferences. Arguably, the composite measures, based on multiple signals of corporate innovation, provide more reliable assessments of corporate innovation than any single indicator. Finally, we discuss the use of composite measures of innovation in empirical research on technological innovation and the implications for policy makers. WORKING PAPER NO: 781 |
URL | 查看原文 |
来源平台 | Asian Development Bank |
文献类型 | 科技报告 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/234275 |
专题 | 气候变化 |
推荐引用方式 GB/T 7714 | [unavailable]. Measuring the Degree of Corporate Innovation,2017. |
条目包含的文件 | 下载所有文件 | |||||
文件名称/大小 | 文献类型 | 版本类型 | 开放类型 | 使用许可 | ||
adbi-wp781.pdf(475KB) | 科技报告 | 开放获取 | CC BY-NC-SA | 浏览 下载 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
查看访问统计 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[[unavailable]]的文章 |
百度学术 |
百度学术中相似的文章 |
[[unavailable]]的文章 |
必应学术 |
必应学术中相似的文章 |
[[unavailable]]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。
修改评论