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Measuring dynamic technical change: a technometric approach
Author(s) -
Am Frenkel,
Shlomo Maital,
Hariolf Grupp
Publication year - 2000
Publication title -
international journal of technology management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.368
H-Index - 57
eISSN - 1741-5276
pISSN - 0267-5730
DOI - 10.1504/ijtm.2000.002864
Subject(s) - benchmarking , sophistication , computer science , product (mathematics) , technical change , industrial engineering , technological change , new product development , operations research , economics , mathematics , marketing , artificial intelligence , engineering , business , social science , geometry , sociology , productivity , macroeconomics
The propose of this paper is to extend the microeconomic benchmarking approach known as 'technometrics'. We offer a novel approach to measuring technical change at the product level, based on intertemporal comparison of product characteristics, using objective performance measures. The goal of the study is to provide a straightforward tool for benchmarking technological sophistication that can be portrayed graphically and shows how technological capabilities have changed between two points in time. This paper extends the static analysis of a previous paper (1), as ist again deals with sensors and implements the dynamic technometric approach on the updated sensor data

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