Question: Using innovation accounting is a common and effective method to use with startups because it is used to define and measure progress. What is innovation

Using innovation accounting is a common and effective method to use with startups because it is used to define and measure progress. What is innovation accounting and how can it be applied to your new venture? Do you feel that it is more effective in start-ups than financial accounting? Explain, using specific examples. 

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Innovation accounting is a method used to measure quantify and track the progress of innovative initiatives within an organization particularly startu... View full answer

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