Psychometric validation of a tool for Innovation Competencies Development and Assessment
Dr. René Butter and Wilke van Beest, HU University of Applied Sciences Utrecht
The European Commission states that innovation is the main driver of economic growth in the EU. Accordingly, also universities of applied sciences are challenged to support students in developing their innovation skills. This effort is not limited to universities, but continues in business. The FINCODA (Framework for Innovation Competencies and Assessment) barometer is a formative online self-assessment tool for students and professionals that serves as a boundary object between the worlds of education and business. It raises awareness of what is needed to contribute successfully to innovation projects, teams or companies. It sheds more light on the benefits for students and professionals of participating in innovation projects. It also facilitates selection of innovators by supporting structured behavioural interviewing. Unlike most existing instruments, the FINCODA barometer has an adequate reliability and validity. The FINCODA dimensions show positive and significant correlations with self-rated and supervisor-rated innovative behaviour and qualitative examples of innovation success.