What is an example of an input indicator for measuring innovation?
Understand the Problem
The question is asking for examples of input indicators that can be used to measure innovation within a company, providing options for possible answers.
Answer
R&D expenditure as a percentage of sales.
An example of an input indicator for measuring innovation is R&D expenditure as a percentage of sales.
Answer for screen readers
An example of an input indicator for measuring innovation is R&D expenditure as a percentage of sales.
More Information
Input indicators focus on the resources allocated to innovation activities, such as R&D expenses, which can help gauge an organization's commitment to developing new products or processes.
Tips
A common mistake is confusing input indicators with output indicators. Input indicators measure resources used, while output indicators measure the results achieved.
Sources
- How to measure Innovation: Key Indicators You Need to Know - innovatenow.app
- Innovation Metrics: Definition, Explanation, and Use Cases - vationventures.com
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