Innovation Measurement Metrics and Practices: The Life Sciences and Clean Tech Sectors

The Conference Board of Canada, 62 pages, March 14, 2015
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This CBI report examines innovation measurement metrics and practices in the Life Sciences and Clean Tech sectors. Its findings draw from relevant literature, a Conference Board survey, and telephone interviews with sector executives.

Document Highlights

This report examines innovation measurement metrics and practices in the Life Sciences and Clean Tech sectors (LSCT). It is one of a series of studies providing sector-specific analysis of measurement activities in representative companies of all ages and sizes within priority sectors of the Canadian economy. The report studies, in detail, the innovation measurement practices of LSCT companies as they pursue their innovation goals and address challenges. It also examines how satisfied the companies are with their measurement efforts. The report profiles best practices in the LSCT sectors, undertaken by small and medium-sized companies (SMEs), as well as large companies. This report finds that, in general, while the LSCT companies are definitely innovative and recognize the importance of business innovation metrics, measuring innovation beyond products and product development is not a priority in most companies.

Table of Contents

Executive Summary

Chapter 1—Introduction

  • About This Report

Chapter 2—Innovation Pursuits in the Life Sciences and Clean Tech (LSCT) Sectors

Chapter 3—Small and Medium-Sized Enterprise Innovation Measurement Metrics and Practices

  • Best Practices Among SME Firms

Chapter 4—Innovation Management Practices in Established Large LSCT Firms

  • Best Practices Among Large LSCT Firms

Chapter 5—LSCT Firms’ Satisfaction With Innovation Measurements

Appendix A—Bibliography

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