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The Frascati Manual 2015

Guidelines for Collecting and Reporting
Data on Research and Experimental
Development

The benefits of an innovative economy are well documented and understood. Based on the work of Christopher Freeman whom identified the need for innovation in a post industrial economy. This in turn was converted to the Frascati Guidelines at a NESTI conference in 1963. Although updates to the document last occurred in 2015 the understanding of how innovation is applied and brings benefit to society has never been explored through data capture at source in the way that The Change Innovation Services intends to provide as part of its approach.

Frascati

*All five must apply to qualify.

Some of these qualities can be controlled, others cannot however having the correct structure and culture to allow innovation to flourish is paramount. We can benchmark your existing practices and help you record and as a result monetise the innovation that you carry out.

Applying the five requirements for innovation:

The five requirements for Innovation are Novelty, Creativity, Uncertainty, Systematisation and Repeatability. Only through the application of all five steps can a project be defined as innovation. Of course a project can include novelty and creativity and be defined as ‘inventive’ but it cannot cross the boundary to be defined as innovation. To put it bluntly it is innovation and not simply invention that changes the world and hence it can take a whole body of people to deliver it.

The ‘men in white coats’ myth needs dispelled. Just as the scientist crafts their research so an engineer refines their practice and it’s through the application of innovation that both practice and outcomes for companies change.

A gain in efficiency often happens only years after a project has been deployed and there are solid reasons for that in terms of efficiencies. We will work with you to find out how to apply and define innovation as per the Frascati approach.

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For more information email: info@thechange.vc an agent of change will get back to you.