Here is a insightful article " Creating Better Innovation Measurement Practices" presented in MIT Sloan Management Review by Anders Richtnér, Anna Brattström, Johan Frishammar, Jennie Björk, and Mats Magnusson available at: https://sloanreview.mit.edu/article/creating-better-innovation-measurement-practices/
Further, please read the following articles:
1. Carayannis, E. G., Goletsis, Y., & Grigoroudis, E. (2018). Composite innovation metrics: MCDA and the Quadruple Innovation Helix framework. Technological Forecasting and Social Change, 131, 4-17.
2. Brattström, A., Frishammar, J., Richtnér, A., & Pflueger, D. (2018). Can innovation be measured? A framework of how measurement of innovation engages attention in firms. Journal of Engineering and Technology Management, 48, 64-75.
3. DaSilva, C. M. (2018, July). Business Model Innovation In Dynamic Environments: A Process Model For Entrepreneurship. In Academy of Management Proceedings (Vol. 2018, No. 1, p. 12032). Briarcliff Manor, NY 10510: Academy of Management.
4. Chen, Y. (2018). Blockchain tokens and the potential democratization of entrepreneurship and innovation. Business Horizons, 61(4), 567-575.
5. Grippa, F., Leitão, J., Gluesing, J., Riopelle, K., & Gloor, P. (2018). Collaborative Innovation Networks. Springer.
6. Muller, A., Välikangas, L., & Merlyn, P. (2005). Metrics for innovation: guidelines for developing a customized suite of innovation metrics. Strategy & Leadership, 33(1), 37-45.