Metrics and Measurements for Open Innovation and Ecosystems

Metrics and measurements are important in open innovation and ecosystems, as they help track collaborative innovation performance. Hutch Carpenter provides 16 metrics based on three phases, while EY suggests using unique metrics for each open innovation method, considering different types of measures, and utilizing metrics effectively. Meanwhile, Soren Kaplan recommends a new breed of metrics that go beyond conventional measures, including investing in organizational culture and evaluating innovation efforts. Finally, Martin Curley proposes twelve keys for collaborative innovation, which can inspire thoughts on metrics for open innovation.