|4 Innovation Process|
in the knowledge economy depends on working with the business environment and
the available resources to generate successful new products and processes. The
mechanisms through which this is achieved we refer to as the innovation process.
The innovation process indicators divide into four groups:
Technology commercialisation – innovating
to translate excellence in science into commercially successful ideas.
transfer – effective
collaboration and information flows at all levels.
Receptiveness to foreign ideas – alertness
to the ideas of others and good access to worldwide sources of technical
ability to seize new business opportunities and implement them effectively.
Last updated on 12 March 2002