Business Intelligence and Knowledge Management


The objective of this research is to identify the factors that are the drivers of innovation and to propose a means of measuringfirm-specific innovation within a nation. Innovation leads to competitive advantages, as well as maximizing profits for a firm,so it is imperative that the firms have tools that measure how innovative they are compared to other firms within the sameindustry. The emergence of Business Intelligence dashboards provides such capabilities to firms and allows firms to tracktheir innovative capability. Such innovative capability tracking is advanced by a proposed Innovation Score. Innovation ismeasured by factors such as the size of firm, market power, motivation to innovate, availability of resources, as well asdecentralization. The role Business Intelligence plays towards tracking innovation by means of gathering and analyzingappropriate data efficiently is central to our paper.