Define the Three Types of Innovative Activity

question 11

Essay

Define the three types of innovative activity. Which is the most critical activity for U.S. firms?

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Definitions:

Reliability

The degree to which an assessment tool produces stable and consistent results over multiple administrations under the same conditions.

Construct Validity

The extent to which a test or instrument accurately measures the theoretical construct or concept it is intended to assess.

Face Validity

The degree to which a measurement device appears to accurately measure a variable.

Criterion Validity

The extent to which a measure is correlated with, or predictive of, an outcome of interest, often assessed through correlations with other known indicators.