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Measuring innovation: The use of indicators in developed countries

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Measuring innovation: The use of indicators in developed countries

HANADI MUBARAK AL-MUBARAKI, Kuwait University, Kuwait
ALI HUSAIN MUHAMMAD, Kuwait University, Kuwait
MICHAEL BUSLER, Richard Stockton University, USA

Purpose: The purpose of this paper is to describe and identify the ranking of innovation program landscape in the United Kingdom (UK). The identification will focus on the average of four categories: policy, culture, economy and industry.

Design/methodology/approach: The nature of this research is mainly qualitative. This investigation uses two semi-structured interview based in the UK, combined with an examination of organisational documents.

Findings: The research findings indicated highest ranking of the Petchey Centre of Entrepreneurship located in University of East London present culture 60%, policy 75%, industry 80% and economy 100%.

Conclusion: The authors conclude with several recommendations for academia and practitioners such as governments, policy makers, funded organisations and strategic institutions.

Keywords: innovation; technology commercialisation; entrepreneurship; incubators; economic growth.

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