AN APPROACH TO THE MEASUREMENT OF TECHNOLOGICAL CHANGE BASED ON THE INTENSITY OF INNOVATION

The economics of innovation presents a lot of taxonomies of innovation. This research introduces the scale of innovative intensity (SIIN) based on a meta-taxonomy that subsume other, less comprehensive taxonomy. The SIIN is similar to the seismic scale of Mercalli used for measuring the intensity of earthquakes. This scale is used for a theoretical framework of measurement based on the economic impact of the technological innovation on the economic system. The theory is applied on some case studies from agricultural mechanisation and ICT industries and the results show as the Internet innovation has a higher economic impact than farm tractors.