R&D Works in the Evaluation of Business Innovation Performance (Chapter 2)

An ability to improve innovation performance seems to be nowadays one of the key elements determining not only potential of development in business but also its survival in the highly developed markets. The research presented in literature indicates the significance of providing complex evaluation of business innovation performance. It also suggests different approaches towards measuring changes within innovativeness. In this paper an attempt has been made to highlight important aspects related to the problem of evaluating business innovation performance in case of: companies performing R&D works and, those being non-R&D innovators- by reviewing literature studies on this aspect. At the same time, the paper aims to start the process of seeking an answer to the question whether R&D activities and R&D expenditures can be treated as universal and reliable indicator of company's innovation performance