Synopsis
Excerpt from Innovation Benchmarking in the Telecom Industry
Figure 2 shows a multidimensional scaling map of companies, where distances in the diagram represent similarity Euclidean proximity. To understand the mds map fully, as with any map we need a convention or wind rose, a north and south in it. An artificial North and South is created as follows. We invent an artificial company, one that doesn't exist and that is active in one subfield say, multimedia or consumer electronics. For this field, we assign all this imaginary company's patenting activity, 100 Then this company becomes a pole one can compare all other companies to this virtual company that is the strongest possible in this field. We thus create fictitious companies to represent the pole in optics, in electronics components, and so on. This map of technological profiles, in terms of several poles, represents real findings and not artificial ones. Looking at single companies validates this method and we have. This is the simplest way to benchmark individual companies relative to other firms each company can recognize their closest competitors as those that have the most similar profiles.
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Innovation Benchmarking in the Telecom Industry (Classic Reprint)
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Paperback. Condition: New. Print on Demand. This book presents a groundbreaking approach to assessing innovation in technology markets, known as "benchmarking." It builds on the idea of measuring a product or service against the strongest competitors in the industry. The author's method uses quantitative data to create a multidimensional picture of a product's quality based on its technological characteristics. The book explores the concept of "knowledge production," arguing that a company's ability to generate new knowledge is crucial for innovation. By examining patent statistics, the author demonstrates how a company's investment in research and development can be linked to its future growth. Additionally, the book introduces a technique called "technometric benchmarking," which allows for detailed product comparisons based on specific attributes and consumer preferences. Through case studies and examples, the author shows how companies can identify their strengths and weaknesses relative to competitors and make informed decisions about their innovation strategies. Ultimately, this book provides invaluable insights into the complex world of innovation, offering a framework for businesses to assess their competitive position and drive future success. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781334429637_0
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