Methodological note. EIS: Sales of new-to-market and new-to-firm innovations as % of turnover

This indicator measures the turnover of new or significantly improved products and includes both products which are only new to the firm and products which are also new to the market. The indicator thus captures both the creation of state-of-the-art technologies (new to market products) and the diffusion of these technologies (new to firm products).

The indicator is obtained as a quotient.

Numerator:

Sum of total turnover of new or significantly improved products either new to the firm or new to the market for all enterprises.

Denominator:

Total turnover for all enterprises (both innovators and non-innovators), in national currency and current prices.