But is creativity monitored by Gross Domestic Product? An appropriate measure would be based on Gross Domestic Innovation, whose correlation with GDP would reveal important trends. Aggregate GDI numbers could be gathered from patents, publications, copyrights and other sources, industry and academia in both scientific and non-scientific disciplines. Even trade secrets could become a source. A GDP quotient would generate a monetary value in terms of products and services generated per unit of innovation. In time, GDI would reflect a mix of employment, productivity and GDP and could be used to segregate sectors by innovation and research. GDI would lend credence to innovation in society at large.
School of Industrial Engineering, Purdue University
West Lafayette, IN, USA
©OECD Observer No 257, October 2006