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Foreword

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Sound measurement of innovation is crucial for policy making. It helps policy makers to evaluate the efficiency of their policies and spending and to assess the contribution of innovation to achieving social and economic objectives, and it legitimises public intervention by enhancing public accountability. Yet, the measures of innovation currently available do not adequately take account of the full role of innovation in today's economy.
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Document Type: Review Article

Publication date: 2010-05-01

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