UCLouvain Economics Seminar - Bernard Sainclair-Desgagné

April 19, 2018

12:45 - 14:00

Louvain-la-Neuve

Doyens 22, Place des doyens, 1

Bernard Sainclair Desgagné

(HEC Montréal)

will give a presentation on

Measuring Innovation and Innovativeness: A Data Mining Approach

Absract: This paper proposes a new approach to measure innovation and innovativeness. The suggested metrics build on Formal Concept Analysis, a systematic and concrete way to represent and treat knowledge, which lies at the interface of lattice theory and computer science. Such a representation can use both objective and subjective/qualitative data. It is primarily output based, but can also incorporate input and process considerations. It can be adapted to the specific needs of a country, region, industry or firm, but it can also be used for inter-entity comparison or benchmarking. Most importantly, it can reveal innovation patterns and direct innovation efforts.

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