Performance Measurement in Innovation Processes

Abstract

This chapter introduces a new approach for performance measurement in product development and innovation processes. It shows that there is a great need in practice to increase the efficiency of product development processes because existing approaches are not sufficient to give enough information about a running project. These approaches both from science and industry are analysed and a new attempt is introduced that aims at the integration of concrete project data with information about the product by using Semantic Web technologies. Furthermore, the authors want to show that there is an emerging gap between productivity increase and the complexity of product development processes. This will be a challenge in the future and has high potential for research that has to be done in close cooperation with industry.