Indicators used to measure service innovation and manufacturing innovation

Innovation can be a source of competitive advantage for companies, either through the improvement of methods and techniques capable of generating new products or services, or perfecting existing ones. Along these lines, it is particularly important to measure innovation and discuss the results assoc...

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Main Authors: Fernando Henrique Taques, Manuel G López, Leonardo F Basso, Nelson Areal
Format: Article
Language:English
Published: Elsevier 2021-01-01
Series:Journal of Innovation & Knowledge
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2444569X19300605
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author Fernando Henrique Taques
Manuel G López
Leonardo F Basso
Nelson Areal
author_facet Fernando Henrique Taques
Manuel G López
Leonardo F Basso
Nelson Areal
author_sort Fernando Henrique Taques
collection DOAJ
description Innovation can be a source of competitive advantage for companies, either through the improvement of methods and techniques capable of generating new products or services, or perfecting existing ones. Along these lines, it is particularly important to measure innovation and discuss the results associated therewith. The aim of this research is to address each of the main indicators of organizational innovation, separately discussing the advantages and disadvantages inherent to their deployment. The results entail a substantial theoretical advancement by improving measurement systems from various perspectives: products and processes, manufacturing and services, as well as input indicators, intermediaries and outputs. However, difficulties and limitations are still apparent, including the sort of distorting biases potentially affecting researcher estimates. Furthermore, multidimensional indicators provide a broader and more precise view of the innovation phenomenon at companies, because they are more comprehensive in the understanding of such phenomenon per se, unlike the one-dimensional choice, which carries constraints for discussing the real effects in the organizational context, especially in the case of services.
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spelling doaj.art-78a9af1da82b4009bde90ee41204aa3d2022-12-21T22:49:00ZengElsevierJournal of Innovation & Knowledge2444-569X2021-01-01611126Indicators used to measure service innovation and manufacturing innovationFernando Henrique Taques0Manuel G López1Leonardo F Basso2Nelson Areal3Mackenzie Presbyterian University PhD Student of Finance at the School of Business Management, Consolação Street, 896 – 7th floor – room 76, São Paulo 01302-000, Brazil; Corresponding author.University of Santiago de Compostela Full Time PhD Lecturer and Researcher, Applied Economics in Facultad de Ciencias Económicas y Empresariales, Facultad de Ciencias Económicas y Empresariales, Avenue do Burgo, Campus Norte, Santiago de Compostela, 15782, SpainMackenzie Presbyterian University, Full Time Professor of Finance at the School of Business Management, Consolação Street, 896 – 7th floor – room 76, São Paulo, 01302-000, BrazilUniversity of Minho, Associate Professor of Finance at the School of Economics and Management, Departament of Management, Universidade do Minho – Escola de Economia e Gestão, Campus de Gualtar – Office 3.29, Braga, 4710-057, PortugalInnovation can be a source of competitive advantage for companies, either through the improvement of methods and techniques capable of generating new products or services, or perfecting existing ones. Along these lines, it is particularly important to measure innovation and discuss the results associated therewith. The aim of this research is to address each of the main indicators of organizational innovation, separately discussing the advantages and disadvantages inherent to their deployment. The results entail a substantial theoretical advancement by improving measurement systems from various perspectives: products and processes, manufacturing and services, as well as input indicators, intermediaries and outputs. However, difficulties and limitations are still apparent, including the sort of distorting biases potentially affecting researcher estimates. Furthermore, multidimensional indicators provide a broader and more precise view of the innovation phenomenon at companies, because they are more comprehensive in the understanding of such phenomenon per se, unlike the one-dimensional choice, which carries constraints for discussing the real effects in the organizational context, especially in the case of services.http://www.sciencedirect.com/science/article/pii/S2444569X19300605O3O32O33
spellingShingle Fernando Henrique Taques
Manuel G López
Leonardo F Basso
Nelson Areal
Indicators used to measure service innovation and manufacturing innovation
Journal of Innovation & Knowledge
O3
O32
O33
title Indicators used to measure service innovation and manufacturing innovation
title_full Indicators used to measure service innovation and manufacturing innovation
title_fullStr Indicators used to measure service innovation and manufacturing innovation
title_full_unstemmed Indicators used to measure service innovation and manufacturing innovation
title_short Indicators used to measure service innovation and manufacturing innovation
title_sort indicators used to measure service innovation and manufacturing innovation
topic O3
O32
O33
url http://www.sciencedirect.com/science/article/pii/S2444569X19300605
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