Hidden innovation
Hidden innovation
The innovation activities that are not reflected in traditional indicators such as investments informal R&D or patents awarded. Despite not being measured, hidden innovation often represents the innovation that matters – the innovation that most directly contributes to the real practice and performance of a sector. For instance, it includes the development of new drilling techniques in oil production, back-office technologies in financial services, or new, more successful programmes for the rehabilitation of offenders. See NESTA Research Report (June 2007), "Hidden Innovation, How innovation happens in six ‘low innovation’ sectors"
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Added: 17/03/2008 3:50pm
Brendan Dunphy
Hidden innovations are an example of positive externalities!