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Validation of the Innovation Radar assessment framework

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Abstract

In this report we provide an assessment of the statistical methodology behind the Innovation Radar. In particular we analyse to what extent the Innovation potential index and the Innovator capacity index are analytically and statistically sound and transparent. The aim of this report is to evaluate to what extent variables that have been included in these composite indicators make sense from a statistical point of view. Overall, the Innovation potential index is found to be statistically sound with particularly room for improvement of the market potential dimension. The Innovator capacity index is conceptually sound but can be improved statistically.

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  • Vincent Van Roy & Daniel Nepelski, 2018. "Validation of the Innovation Radar assessment framework," JRC Research Reports JRC110926, Joint Research Centre.
    • Handle: RePEc:ipt:iptwpa:jrc110926
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    1. Heslop, Louise A & McGregor, Eileen & Griffith, May, 2001. "Development of a Technology Readiness Assessment Measure: The Cloverleaf Model of Technology Transfer," The Journal of Technology Transfer, Springer, vol. 26(4), pages 369-384, October.
    2. Daniel Nepelski & Vincent Roy & Annarosa Pesole, 2019. "The organisational and geographic diversity and innovation potential of EU-funded research networks," The Journal of Technology Transfer, Springer, vol. 44(2), pages 359-380, April.
    3. Giuditta De Prato & Daniel Nepelski & Giuseppe Piroli, 2015. "Innovation Radar: Identifying Innovations and Innovators with High Potential in ICT FP7, CIP & H2020 Projects," JRC Research Reports JRC96339, Joint Research Centre.
    4. Annarosa Pesole & Daniel Nepelski, 2016. "Universities and collaborative innovation in EC-funded research projects: An analysis based on Innovation Radar data," JRC Research Reports JRC104870, Joint Research Centre.
    5. Daniel Nepelski & Giuseppe Piroli, 2018. "Organizational diversity and innovation potential of EU-funded research projects," The Journal of Technology Transfer, Springer, vol. 43(3), pages 615-639, June.
    6. Giuseppe Munda, 2008. "Social Multi-Criteria Evaluation for a Sustainable Economy," Springer Books, Springer, number 978-3-540-73703-2, December.
    7. Giuseppe Munda, 2003. "Social Multi-Criteria Evaluation (SMCE)," UHE Working papers 2003_04, Universitat Autònoma de Barcelona, Departament d'Economia i Història Econòmica, Unitat d'Història Econòmica.
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    9. Thomas Astebro, 2004. "Key Success Factors for Technological Entrepreneurs' R&D Projects," Post-Print hal-00476926, HAL.
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    1. James A. Cunningham & Paul O’Reilly & Daire Hooper & Daniel Nepelski & Vincent Van Roy, 2020. "The Role of Project Coordinators in European Commission Framework Programme Projects. Results of the Innovation Radar PC Survey in FP R&I Projects," JRC Research Reports JRC120015, Joint Research Centre.
    2. Daniel Nepelski, 2020. "Market Creating Innovations in the EU Framework Programme. Methodology behind the Innovation Radar’s Market Creation Potential Indicator," JRC Research Reports JRC121066, Joint Research Centre.

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