Innovation
Idea Development
In contrast to the Idea Generation subcategory, which focuses on patents granted, the Idea Development subcategory focuses on the commercialization of ideas. Thus, it is a further step in the process of moving from basic research to a marketable product. Ideas promote productivity growth when they can be translated into commercial endeavors.
The first indicator in this subcategory consists of several measures related to technology transfer from universities. The second indicator consists of two federal government programs to provide research and development funds. One supports research at small businesses while the other focuses on technology transfer from public institutions to small businesses.
