Innovation Metrics is part of the Business Exchange. It contains news and opinions about the latest experiments and policies regarding innovation measurement. A crucial issue for governments and corporations, which are eager about measuring the success of innovative ideas, products, processes, and business models.
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Five states’”Massachusetts, Washington, Maryland, Delaware and New Jersey’”are leading the United States’ transformation into a global, entrepreneurial and knowledge- and innovation-based New Economy, according to The 2008 State New Economy Index, released by the Ewing Marion Kauffman Foundation and the Information Technology and Innovation Foundation (ITIF).
The report, written by Robert Huggins, Hiro Izushi, Will Davies, and Luo Shougui, represents the fifth edition of the World Knowledge Competitiveness Index (WKCI), the first composite and relative measure of the knowledge economies of the world’ s leading regions.
The WKCI is an integrated and overall benchmark of the knowledge capacity, capability and sustainability of each region,
Approximately two-thirds of the award winning U.S. innovations involve some kind of interorganizational collaboration’”a situation that reflects the more collaborative nature of the innovation process and the greater role in private sector innovation by government agencies, federal laboratories, and research universities, according to a new report by the Information Technology and Innovation Forum (ITIF) on the U.S. innovation system.
A new guidebook on regional benchmarking was produced by the IRE Secretariat, which provides an overview of the methodologies developed by eight regional innovation policy impact assessment and benchmarking projects carried out during 2005-2008. The projects on which the guidebook is based are ARISE, EMERIPA, EURO-COOP, IASMINE, IMPACTSCAN, INNOWATCH, MERIPA, and OMEN.