“…Firstly, there is an underlying demand for relevant performance dimensions up to date with the company's practices (Nappi and Kelly, 2022a). This is driven by the need for dimensions such as knowledge management (Dziallas and Blind, 2018;Frishammar et al, 2019;Nappi and Kelly, 2021) as well as related to new trends like openness (Kazemargi et al, 2022), servitisation (Gaiardelli et al, 2021) and sustainability (Almeida and Wasim, 2023;Hristov et al, 2022) within innovation environment that is often overlooked in the past (Nappi and Kelly, 2022a). Secondly, several researchers, Frishammar et al (2019), Lakiza and Deschamps (2019) and Nappi and Kelly (2022b), acknowledge that PFs, besides providing pertinent dimensions, also need to be actionable and go beyond measuring performance to support the definition of improvement actions after the measurements.…”