We need to move beyond using spending on research and development (R&D) as an indicator of innovation to a systems perspective, writes Eduardo Viotti.
How can we best assess a country's development in science, technology and innovation (STI)? Many would say we can do this simply by measuring the deployment of R&D resources — but this does not give us the full picture.
It is certainly true that R&D spending is one key indicator of the health of a country's STI development. But it is also true that such R&D indicators measure only a small part of a more complex process.
To read the full, original article click on this link: Measuring innovation requires more than R&D indicators - SciDev.Net
Author: Eduardo Viotti
