Abstract
In October 2013, the European Commission presented a new indicator intended to capture innovation outputs and outcomes and thereby “support policy-makers in establishing new or reinforced actions to remove bottlenecks that prevent innovators from translating ideas into products and services that can be successful on the market”. This article aims to evaluate the usefulness of the new indicator against the background of the difficulties in measuring innovation outputs and outcomes. We develop a unique conceptual framework for measuring innovation outcomes that distinguishes structural change and structural upgrading as two key dimensions in both manufacturing and services. We conclude that the new indicator is biased towards a somewhat narrowly defined “high-tech” understanding of innovation outcomes. We illustrate our framework proposing a broader set of outcome indicators capturing also structural upgrading. We find that the results for the modified indicator differ substantially for a number of countries, with potentially wide-ranging consequences for innovation and industrial policies.
| Original language | English |
|---|---|
| Pages (from-to) | 30-42 |
| Number of pages | 13 |
| Journal | Research Policy |
| Volume | 46 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - 2017 Feb 1 |
Subject classification (UKÄ)
- Economic Geography
- Economics
Free keywords
- EU 2020 strategy
- Innovation measurement
- Innovation outcome
- Innovation output
- Innovation policy
- Structural change
- Structural upgrading
