Return on Innovation Investment (ROII)
Return on Innovation Investment (ROII) quantifies the financial gains or losses generated by investments in innovation activities relative to the costs of those activities.
Benefits
Return on innovation investment (ROII) quantifies gains or losses from investments in innovation activities.
Frequently Asked Questions
What is the return on innovation ROI?
Return on Innovation (ROI) assesses the financial benefits gained from investing in new products, services, or processes.
How do you measure innovation in investment?
Innovation in investment can be gauged by tracking new products developed, patents filed, or revenue growth from new initiatives.
What is the return on investment theory?
Return on investment (ROI) theory looks at the gain or loss generated on an investment relative to the money invested.
Key Takeaway
Return on innovation investment (ROII) calculates the financial results of investing in new ideas or products.