Posted inAll private sectors / Learning & Growth / Research & Development

Innovation Budget Allocation

Definition of this KPI:
The percentage of the overall budget allocated specifically for innovation initiatives.

  • This KPI can be calculated as: Divide the budget allocated for innovation by the total organizational budget for a specific period, then multiply by 100.
  • The KPI will be measured as: percentage (%)
  • How to interpret the KPI: depends on the goals
  • The strategic objective to measure with this KPI: Ensure adequate financial resources are allocated to support innovation efforts and drive strategic growth objectives.

  • This KPI was added by: bvanraaij

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