Innovation is the driver of long-term economic growth and has become the main source of competitive advantage of developed nations. Yet innovation does not just happen. It requires the various actors of the innovation system (scientists, inventors, entrepreneurs, investors, etc.) to be properly incentivized and to work together. This is where innovation policy comes into play.
The overarching objective of the research performed at the Chair of Innovation and IP Policy is to provide the policy environment that best addresses the needs of the knowledge economy. This objective is met by developing novel measurement methodologies for intangibles and by advancing knowledge in the field of evidence-based innovation policy. These two research lines are interrelated: appropriate measurement methodologies are a prerequisite to sound empirical research.