The estimation of efficiency of the university innovation activity: systems of indicators and bibliometric approach

Abstract

The development of new forms of science and innovation at universities, as well as the interaction of higher education institutions with regional participants of the innovation system raises the question of evaluating the effectiveness of innovation as an independent phenomenon. Correct assessment of innovation activity helps the university to determine its strategic advantages, which is necessary in today's conditions of tough competition, uncertainty of the external environment, the lack of all types of resources, globalization of education. The authors examined the differences in interpretations of the concepts of "effect" and "efficiency" in relation to the innovation activities of the university. The authors analyzed the methodological approaches to the integrated assessment of the innovation activities of the university, presented in modern studies on this topic. The authors paid attention to approaches based on the integral index of innovation activity, as well as measurements of various types of actions within the framework of innovation activity. Among the main groups of indicators, research productivity, research quality, academic results, etc. are highlighted. The authors also pay attention to alternative approaches to assessing innovation, including the bibliometric (scientometric) approach. This approach has been rapidly developing in recent decades and is actively used in the compilation of various university rankings. The authors have shown the main advantages of the bibliometric approach, as well as the possibilities of its use for evaluating the scientific activities of both the individual scientist and the university as a whole.

Dark side whitewashes the benefits of FinTech innovations: a bibliometric overview

“…Most recently, this technique has promoted the revision of various schools of scientific knowledge. In this regard, economics, finance and management scientists have used this technique (Belmonte-Urena et al ., 2020; Chen and Yang, 2021; Sitenko and Yessengeldin, 2019). We used the WoS Core Collection database, which aggregates top-tier academic journals, books, conference materials, etc., to extract articles.…”

“…Therefore, bibliometrics analysis technique is performed to meet this objective. Most recently, Chen and Yang, 2021;Sitenko and Yessengeldin, 2019). We used the WoS Core Collection database, which aggregates top-tier academic journals, books, conference materials, etc., to extract articles.…”

Financial Technology: Review of Trends, Approaches and Management

“…In recent years, bibliometric methodology has encouraged the revision of different schools of scientific knowledge. In this sense, it has been used in numerous scientists, including management, finance and economics [98][99][100]. According to the main literature reviewed on this topic, presented in Table 2, the terms chosen in the search string have been 'finance', 'technology' and 'management'.…”