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The notion of innovation is interpreted in the different way but what all innovations have in common is that they are new. The perspective of innovation includes both wide analysis in which innovations are ideas related to the process of knowledge accumulation and narrow interpretation based on technology and product changes. Wide approach is connected to the fact that innovations capture not only original changes but also imitations which played an important role in the process of economic development. Development is not possible without innovations and this process is led by innovative enterprises characterized by high ability to generation of innovations and permanent inclination to do it. The issue of measuring of innovation process precisely is difficult due to the fact that there are no clear delineations of innovations which results in using various yardsticks in the approaches to measuring innovations. The field of measurement of innovations is more complex by adding effects of innovative activity and additional aspects such as innovative agents and innovative networks.
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