Friday, April 27, 2007

Innovation Policy

How best to measure innovation has bedeviled the business community for years. But with the discipline garnering increased attention—and investments—creating an accepted system of metrics to evaluate its impact has become top priority. Now the U.S. Commerce Dept. wants in. On Apr. 13, it issued a Federal Register notice asking for public comment on a series of innovation measurements it might use to drive public economic and innovation policy. Snippet from Business Week.

In true Federal government style, one of the first requirements a public comment must address is Identification of the specific Committee category to which the proposal applies. Comments are limited to ten pages, and are due by May 11. For submission guidance, see the Federal Register or the committee's Measuring Innovation website.

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