TY  - JOUR
AB  - Purpose–During the past year, the authors have built a framework for a suite of metrics that senior managers can customize to track and promote innovation success in their companies.Design/methodology/approach–Senior executives can use the suite of metrics to assess their company's innovativeness over time and hence combat the insidious strategy decay that often afflicts a company's business.Findings–The framework combines three views on innovation – resource, capability, and leadership – providing the perspective to develop a suite of metrics for assessing and developing a company's capacity for innovation.Research limitations/implications–The optimal selection of metrics and the optimal value or “sweet spot” of any particular metric will vary from company to company.Practical implications–As more firms develop strategic innovation metrics and a database that validates their relevance, top managers will learn to assess and guide a company's innovation capability more effectively.Originality/value–This is the first strategic guideline for building a customizable system of innovation metrics.
VL  - 33
IS  - 1
SN  - 1087-8572
DO  - 10.1108/10878570510572590
UR  - https://doi.org/10.1108/10878570510572590
AU  - Muller Amy
AU  - Välikangas Liisa
AU  - Merlyn Paul
ED  - Dan Knight
ED  - Robert M. Randall
PY  - 2005
Y1  - 2005/01/01
TI  - Metrics for innovation: guidelines for developing a customized suite of innovation metrics
T2  - Strategy & Leadership
PB  - Emerald Group Publishing Limited
SP  - 37
EP  - 45
Y2  - 2024/04/24
ER  -