Definition: Innovation in firms

R & D - Oslo Manual

Innovation in firms refers to planned changes in a firm's activities with a view to improving the firm's performance.

Source:
Organization for Economic Cooperation and Development (OECD) and Statistical Office of the European Communities (Eurostat), "The measurement of scientific and technological activities: guidelines for collecting and interpreting innovation data: Oslo manual)", Third Edition, Paris, 2005, par. 101

Created:
2008-01-21

Updated:
2019-05-10