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Innovation activities include all scientific, technological, organisational, financial and commercial steps which actually lead, or are intended to lead, to the implementation of innovations. Some of these activities may be innovative in their own right, while others are not novel but are necessary to implementation.

During a given period, a firm’s innovation activities may be of three kinds:

- Successful in having resulted in the implementation of a new innovation (though not necessarily commercially successful).

- Ongoing, work in progress, which has not yet resulted in the implementation of an innovation.

- Abandoned before the implementation of an innovation.

Source Publication:
OECD, 2005, “The Measurement of Scientific and Technological Activities: Guidelines for Collecting and Interpreting Innovation Data: Oslo Manual, Third Edition” prepared by the Working Party of National Experts on Scientific and Technology Indicators, OECD, Paris, paras. 40, 42.

Statistical Theme: Science and technology statistics

Created on Friday, September 9, 2005