Measuring innovation: The top five R&D metrics

The following are the top five R&D metrics used by industry (2008):

  1. R&D spending as a percentage of sales (77%)
  2. Total patents filed/pending/awarded/rejected (61%)
  3. Total R&D headcount (59%)
  4. Current-year percentage sales due to new products released in the past six years (56%)
  5. Number of new products released (53%)

    Source: Goldense Group Inc.’s 2008 Product Development Metrics Survey
    Base: 200 companies that design and develop new products
    Discovered via ThomasNet’s Industrial Market Trends