European Trend Chart on Innovation outlines five methods for calculating a composite innovation index from a number of analytical indicators. These methods may be useful for estimating overall innovation performance of countries, regions, industry sectors, even companies. For each method the advantages and disadvantages are presented.
The Oslo Manual is an initiative of OECD, the European Commission and Eurostat focusing on the measurement of innovation. It has two objectives: to provide a framework within which existing surveys in OECD countries can evolve towards comparability; and to assist newcomers to this important field.