Show me the money!
Innovaro, an innovation consulting firm, shows that companies performing well in their innovation assessment have also performed well in terms of share-price performance:
In 2005, 75% of the companies identified by Innovaro in January of 2005 as those making the most of their innovation capability have significantly outperformed their sector peers and, as a portfolio, have delivered a return of 18%, better than that of the FTSE, NASDAQ or Dow Jones.
You can read more about how the company assesses how well a company innovates here. The metrics that the firm uses to measure innovation are very interesting in that the firm considers many areas that are not so obvious. Innovating in less-obvious, behind-the-scenes areas is important because it produces outcomes that are harder to copy.
[Tags]: Innovation in Asia, innovation management, Joseph Schumpeter, ageing populations, product development, Innovation in China, Innovation in Taiwan
In 2005, 75% of the companies identified by Innovaro in January of 2005 as those making the most of their innovation capability have significantly outperformed their sector peers and, as a portfolio, have delivered a return of 18%, better than that of the FTSE, NASDAQ or Dow Jones.
You can read more about how the company assesses how well a company innovates here. The metrics that the firm uses to measure innovation are very interesting in that the firm considers many areas that are not so obvious. Innovating in less-obvious, behind-the-scenes areas is important because it produces outcomes that are harder to copy.
[Tags]: Innovation in Asia, innovation management, Joseph Schumpeter, ageing populations, product development, Innovation in China, Innovation in Taiwan
Labels: innovation
posted by Gordon Graham at 10:36 PM
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