Tag: Innovation

Dominant design is a technology management concept introduced by Utterback and Abernathy in 1975, identifying key technological features that become a de facto standard. A dominant design is the one that wins the allegiance of the marketplace, the one ...

EssilorLuxottica is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. Formed in 2018 by the combination of Essilor and Luxottica, the company combines two centuries of innovation and human endeavo ...

Does the patent really encourage innovation? This question, that has haunted economists for decades, is important because encouraging innovation is one of the main modern justifications for patents. In fact, the answer to this question is far from bin ...

A revolution in Europe’s kitchens took place when the Thermomix TM5 was launched in September 2014 to replace its predecessor, the TM31, which had already been on the market since 2004. The TM5 represents Vorwerk’s digital transformation. Not only is ...

The SAILS approach was originally developed as a road-mapping tool for analyzing disruptive threats to a company’s business model. SAILS is an acronym and stands for the initials of the individual methodological building blocks: (S) Standards, (A) Arc ...

All IP is not valuable IP. In industry there are three essential components to valuable technical IP, i.e., Technology, Legal and Market. The latter one happens to be perhaps the prime reason why IP rights exist in the first place. As seen in FIG. 1, ...

The global video streaming market size is expected to reach in 2022 USD 932 billion. The growing fondness towards streaming services like Netflix, Hulu, Amazon Prime, and others can have a tremendous impact on the market growth in the forthcoming year ...

The Department of Trade, Industry and Competition of the Republic of South Africa (dtic), in partnership with the Department of Science and Innovation, through the National Intellectual Property Management Office (NIPMO), the Companies and Intellectua ...

1. Introduction Relatively all major businesses in today’s world have one thing in common, with this thing in common being that they started out small. Jeff Bezos started operating Amazon from his Seattle garage. Bill Gates and Paul Allen also started ...

Numerous studies have shown that the contribution of SMEs concerning innovation performance is important for the European economy. At the same time, empirical data shows insufficient and incomplete use of IP by many SMEs in Europe. Although the releva ...