Measuring and Developing Regional Innovation Ecosystems - The METRIC Approach.

This paper introduces the METRIC (MEasuremenT of Regional Innovation Capacity) framework, designed to assess and enhance regional innovation ecosystems comprehensively. METRIC addresses the complexities of measuring innovation by integrating a refined process model and a robust measurement method, underpinned by empirical research and best practices across various international models. This dual approach not only quantifies the innovation capacity of regions but also guides systematic improvements through actionable metrics. The framework has been demonstrated through pilot studies in Sweden, highlighting an initial adaptability to different regional conditions. By providing a structured methodology for continuous evaluation and development, METRIC aims to elevate regional competitiveness and quality of life through sustained innovation. [ABSTRACT FROM AUTHOR]