The Fincoda User Guide

This guide has been designed to provide an understanding of the FINCODA Innovation Barometer including its origins, purpose and modes of use within both business and academic institutions. This guide has been produced by the founders and creators of FINCODA to share the benefits of using the barometer and how to use it for the best outcomes.

The FINCODA Innovation Barometer is an output of the European Union funded FINCODA Knowledge Alliance project. The aim of this project was to create a framework for innovation competence development and assessment, and was delivered through University and Business collaboration across five European countries. To find out more about the FINCODA partners, see page 2.

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  Butter, R., & van Beest, W. (2017). Psychometric validation of a tool for innovation competencies development and assessment. Retrieved from
Kairisto-Mertanen, L., T. Penttilä, and J. Nuotio (2011).”On the Definition of Innovation Competencies.” In Innovations for Competence Management, Conference proceedings, Series C, reports and other current publications, part 83, edited by I. Torniainen, S. Mahlamäki-Kultanen, P. Nokelainen, and I. Paul, 25–33. Lahti
University of Applied Sciences: Esa print Oy.   Kettunen, J. (2011). Innovation pedagogy for universities of applied sciences, Creative Education, 2(1), 56-62.
  3.1 Academic Literature and References
  Below you will find academic references to papers published by FINCODA partners relating to Innovation Assessment and Competency measurement. Further papers related to the FINCODA project and outputs are in press and under review. These will be available in future versions of this guide.
Marin-Garcia, J. A., Andreu Andres, M. A., Atares-Huerta, L., Aznar-Mas, L. E., Garcia-Carbonell, A., González-Ladrón-de-Guevara,
F., . . . Watts, F. (2016). Proposal of framework for innovation competencies development and assessment (fincoda). WPOM-Working
Papers on Operations Management, 7(2), 119-126. doi: [1] 
 Montero-Fleta, B., Pérez-Peñalver, M. J., & Aznar-Mas, L. E.(2017). Behavioural indicators of innovators. A search protocol for
a systematic literature review. Paper presented at the Conference paper at 8th World Conference on Educational Sciences (WCES - 2016),
4th-8th February 2016, Universidad de Alcalá de Henares, Spain. New Trends and Issues Proceedings on Humanities and Social Sciences.
ISSN: 2421-8030. Available from[2][2]
  Marin-Garcia, J. A., Atares-Huerta, L., & Aznar-Mas, L. E. (2017). ¿cuántas competencias transversales podemos diferenciar en in auto-diagnóstico? Paper presented at the IN-RED Congreso Nacional de
Innovación Educativa y de Docencia en Red, UPV. Valencia, 13 y 14 dejunio 2017  Doi:[3] INRED2017.2017.6781
  Pérez-Peñalver, M. J., Aznar-Mas, L. E., Montero-Fleta, B. (2017). Identifying Innovators:  A Literature Review. Proposal of a Model ofInnovation Competence and a Classification of Behavioural Indicators of Individual Innovators at the Workplace, Intangible Capital. (inreview)
  Pérez-Peñalver, M. J., Watts, F., Marin-Garcia, J. A., Atarés-Huerta, L., Montero-Fleta, B., Aznar-Mas, L. E., Andreu-Andrés, M. A., González-Ladrón de Guevara, F., Garcia-Carbonell, A. (2016). Behavioural indicators of innovation competence. Proceedings of INTED Conference 7th - 9th March 2016, Valencia (Spain), 8606–8611.
  Andreu-Andrés, Mª. J., García-Carbonell, A.; Gonzalez Ladrón de Guevara, F. and Watts, F. (2017). Innovation Performance Indicators in the Software Industry. (Manuscript being reviewed)
  Marin-Garcia, J. A., Ramírez Bayarri, L., Atarés Huerta, L. (2015). Protocol: Comparing advantages and disadvantages of “Rating Scales”, “Behavior Observation Scales” and “Paired Comparison Scales” for behavior assessment of competencies in workers. A systematic literature review. Working Papers on Operations Management.  6(2), 49-63. ISSN: 1989-9068 (in Spanish).
  Martínez-Gómez, M.,  Marí-Benlloch, M., Marin-Garcia, J. A. (2016). Exploring Skills and Competencies of Innovation: the Case for a Qualitative Methodology. Proceedings 5th International Conference on Research in Humanities, Sociology and Education (RHSCE’16) 29th-30th November 2016, London (UK), 54-59.
  Cuenca, L., Bonet, P., Boza, A., Fuentes, P., Lajara, N., Marin-Garcia, J. A., Peris-Ortiz, M., Ruiz, L. (2015) Innovation, Creativity and Entrepreneurship Learning Outcomes in Higher education. Proceedings 8th International Conference of Education, Research and Innovation, 16th-18th November, Sevilla (Spain).
  Marin-Garcia, J. A., Andreu Andrés, M. A., Atarés-Huerta, L.,
Aznar-Mas, L. E., Garcia-Carbonell, A., González-Ladrón de Guevara, F., Montero-Fleta, B., Pérez-Peñalver, M. J., Watts, F. (2016). Proposal of a Framework for Innovation Competencies Development and Assessment (FINCODA). Working Papers on Operations Management.
7(2), 119-126. ISSN: 1989-9068.
  Martínez-Gómez, M., Marí-Benlloch, M., Marin-Garcia, J. A. (2017).
Validation of Incode framework for assessment of innovation competency of higher education students: A multidimensional technique for affinity diagram to detect the most relevant behaviours and skills. In L. Jódar Sánchez, E. De La Poza Plaza, L. Acedo Rodriguez (Eds.), Modeling human behavior: Individuals and organization, Chapter three, Nova Science Pub Inc., 25-36.
  Marin-Garcia, J. A., González, E., Carrasco, M. Ros, D. (2016). Action planning intervention to identify how to improve selection processes for internships. Working Papers on Operations Management. 7(2), 127-139. ISSN: 1989-9068
  Cuenca, Ll.; Bonet, P.; Boza, A.; Fuentes, P.; Lajara-Camilleri; N.; Marín-Garcia, J.A.; Perís-Ortiz y Ruiz, L. (2015). Innovation, Creativity and Entrepreneurship Learning Outcomes in Higher education. ICERI2015, 8th International Conference of Education, Research and Innovation.   _

Oliver Caunt

Oliver Caunt is the Managing Director of family business, John Caunt Scientific Ltd, who specialise in nuclear instrumentation design and manufacture. Oliver relocated the business to the Bury in 2005 and has since overseen stable growth from £1m turnover to just under £2m.

With roots firmly established in the SME landscape, Oliver is a strong champion of entrepreurship and positive collaboration. He is a graduate of the Goldman Sachs 10,000 Small Businesses programme; has led a successful £1m grant application in collaboration with the University of Liverpool to develop world-class nuclear reactor safeguards and operations technology; is a member of a pan-European academic/commercial collaborative project- FINCODA - setup to establish a global standard tool to define and identify innovative competencies in people for the benefit of post graduates and employers; is a participant in the Nuclear Decommissioning Authority's SME mentor programme; was nominated as one of the North West Insider Magazine's 42 under 42 (faces of the future) in 2012; was the best in class for Technology in the Made in Bury Business Awards 2013; a member of the IoD99 (Institute of Directors 99 select entrepreneurs) and is now a Liveryman of the Worshipful Company of Scientific Instrument Makers in London.

Oliver lives in Ramsbottom with his wife, Ivona, and 2 young children. He spends as much time as possible out in the countryside with the kids, the dog, running and on his mountain bike, as well as enjoying the many excellent local restaurants and pubs in the area!