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