A computer based method for monitoring innovation activity including: accumulating first metadata associated with a first plurality of intellectual knowledge files; extracting a first plurality of patterns from the first plurality of intellectual knowledge files; creating a first plurality of concept spaces, using rules-based processing, the first metadata, and the first patterns; grouping, using rules-based processing, the first metadata, and the first plurality of patterns, the first plurality of intellectual knowledge files into first respective concept spaces in the first plurality of concept spaces; and generating a report, the report correlating the first plurality of intellectual knowledge files and the first respective concept spaces. The steps of accumulating, extracting, creating, grouping, and generating are performed by a general-purpose computer specially programmed to perform the steps of accumulating, extracting, creating, grouping, and generating.