Assessing recent developments in innovation measurement: the third edition of the <I>Oslo Manual</I>

Abstract

This paper assesses developments in innovation measurement that have been incorporated into the recent revision of the Oslo Manual. Among the most central points emphasized in recent innovation literature are a need for: data that is adequate for the analysis of innovation systems and for policy-making; and a suitable measurement framework to capture the substantial innovation activity within services. The new measurement framework, which includes an expansion of the innovation concept beyond technological product and process innovation and a more complete treatment of linkages and knowledge flows, provides greater coverage of these topics. However, while these changes are a significant step forward in innovation measurement, there are a number of areas in which survey guidelines can be improved further, among them human resource development and the role of demand in innovation. The paper discusses some options for building on these changes in the future.