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+Innovation Indicators: for a critical reflection on their use in Low- and Middle-Income Countries (LMICs)

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Title

Innovation Indicators: for a critical reflection on their use in Low-and Middle-Income Countries (LMICs)

Japanese title

N/A

Authors

IIZUKA Michiko
Hugo HOLLANDERS

Keywords

innovation, indicators, LMICs, policy use

Date of publication

January 9, 2020

Publisher

GRIPS Policy Research Center

Series No.

19-29

URL

https://www.researchgate.net/publication/338479480_Innovation_Indicators_for_a_critical_reflection_on_their_use_in_Low-and_Middle-Income_Countries_LMICs

Series name

GRIPS Discussion Papers

Abstract

It has been widely recognized that innovation is an important driver of economic growth. Many Low-and Middle-Income Countries (LMICs) have adopted innovation indicators to monitor innovation performance and to evaluate the impact of innovation policies. This paper argues that innovation indicators should be customized to the different socioeconomic structures of LMICs. For this, the definition of innovation needs to be relevant to the multitude of innovation actors and processes in LMICs. LMICs also need to build competences not only in the construction of innovation indicators within their statistical systems, but also in the use of these indicators by among others policy makers. Especially as the fourth edition of the Oslo Manual (OM 2018) has broadened the scope of "innovation", opening up policy space for LMICs to accommodate the diversity in their national systems of innovation and to develop accompanying innovation indicators.

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