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Sustainable Innovation Measurement: Approaches and Challenges

  • Nuwan GunarathneEmail author
Chapter
Part of the Palgrave Studies in Sustainable Business In Association with Future Earth book series (PSSBAFE)

Abstract

Concrete evidence-based impacts of sustainable innovation can spur investment, policy-level support and stakeholder commitment. However, measuring sustainable innovation remains at a rudimentary stage. In this chapter, Gunarathne discusses the approaches, challenges and possible means of measuring sustainable innovations and innovation performance. The challenges and issues rooted in the measurement of sustainability, innovations and traditional performance pose a number of challenges to sustainable innovation performance measurement. The discussion provided in this chapter has several implications for practitioners and researchers. It is pertinent for practitioners to understand that sustainable innovation measurement is a dynamic learning process that informs decision-making rather than an end in itself. For researchers, sustainable innovation measurement offers wide opportunities for developing and testing theory.

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  1. 1.Department of AccountingUniversity of Sri JayewardenepuraNugegodaSri Lanka
  2. 2.Department of Business Strategy and InnovationGriffith UniversityBrisbaneAustralia

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