Innovation

45 KPIs

% Change in New Product Revenue To Total Revenue
% dedicated resources for radical innovation
% of ideas from outside the organization
% of ideas that are funded for development
% of ideas that are killed
% of investment in non-core innovation projects
% of new customers from new products / services
% of new patents as leading edge on competitors
% of new product/service developments launched on budget
% of new product/service developments launched on time
% of patents for sale
% of R&D projects involving customers
% of R&D projects involving pre-competitive research with competing companies
% of R&D projects involving universities / research institutes
% of rejected patents
% of sales due to launched product/services
(sales due to product/services) as a percentage of (total sales)
% of sales from products launched previous year
% of senior management time invested in growth innovation
Average age of patents
Average application time for patents
Average cost per patent
Average development costs per new product
average of [development costs of new product]
Average number of prototypes per new product
Average prototyping speed
Average time from idea to first patent filing
Average time-to-profitability for changes to existing products/services
Average time-to-profitability for new product/service
Customer satisfaction with new products / services
New product sales cannibalization ratio
(sales existing lost) divided by (sales new)
New product turn around time
Number of collected ideas that were developed further
Number of collected ideas that were implemented
Number of ideas developed
Number of new commercial proposals launched
Number of patent submissions, benchmarked against competitors
Number of patents due to expire
Percent R&D cost for new products
Product Innovation Index
R&D productivity based on gross margin
R&D spend as % of revenue
Ratio of number of concepts to actual products
Research idea conversion rate
Time-to-market of changes to existing products/services
Time-to-market of new products/services
Total funds invested in non-core innovation projects