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Measuring Innovation Performance

Chapter
Part of the Management for Professionals book series (MANAGPROF)

Abstract

Innovation is one of the most important strategic and operational levers for gaining competitive advantage and generating organic growth in an unstable economic environment. Business growth and profitability depend on continuous acceleration in innovation. Along with this imperative for innovation comes the necessity to adequately measure and control innovation performance. You cannot manage what you do not measure. This old management principle underlines the critical role of measuring innovation performance in order to enable sound analysis and decision making.

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Copyright information

© Springer International Publishing AG 2018

Authors and Affiliations

  1. 1.TUM School of Management, TU MünchenMünchenGermany
  2. 2.Technology and Innovation Management, Siemens AGMünchenGermany

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