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Measure the innovation capability of sectors – and unlock potential

What are the strengths and weaknesses of a particular sector? And how can specific improvements be made to the innovation capability of a sector? In order to provide reliable answers to questions about innovation, substantiated expert knowledge is required. The Institute for Innovation and Technology (iit) has developed the Innovation Capability Indicator, which can be used to measure and analyse the innovation capability of sectors.

Who benefits from the Innovation Capability Indicator?

The iit Innovation Capability Indicator for sectors is predominantly aimed at decision makers within trade associations. As a neutral consultant, we work with our clients to analyse the innovation capability of sectors. Together with them, we translate this analysis into real measures that bring targeted improvements to the innovation capability of a specific sector.

What are the data sources for the sector indicator?

For its analysis of innovation capability, the iit uses existing data about the sector, combined with bespoke primary data collection that is tailored to the client’s requirements. The indicator predominantly focuses on data that concerns tertiary training and education, working environments that promote learning and manufacturing data, as well data about research and development collaborations between companies, research institutes and higher education institutions.

Why develop a new innovation indicator?

Whereas the majority of indicators generally focus on innovative performance, the iit indicator shifts the spotlight onto the ability to translate new ideas into competitive products and services. The iit Innovation Capability Indicator is an instrument that makes it possible to measure the innovative capacity of individual countries, regions, sectors and companies. The iit indicator can be seen as a key foundation for innovation statistics. It also builds a bridge between statistics about innovation and statistics about education.

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