THE POSSIBILITY OF STATISTICAL EVALUATION OF INNOVATIVE ACTIVITY

Abstract

The innovation process is a complex phenomenon characterized by several stages reaching from basic research up to the penetration of the market with new products. Therefore a whole series of indicators is needed to describe and measure a firm’s innovative activities, each of them stressing specific aspects but also exhibiting measurement errors. Using a complex statistical evaluation can assess factors influence the innovation process. Information contained in such a system allows us to use quantitative analysis methods to characterize innovative activity. First of all, this method allows to set the environment changes from the influence of one or several factors, and secondly - quantitative estimate of the relationship between variables.

Keywords

• Innovation
• Research and development
• correlation and regressive analysis
• level of the innovation
• level of expenses of R&D