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Innovation Cycle (innovation + cycle)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting75%

Selected Abstracts

INNOVATION CYCLES AND LEARNING AT THE PATENT OFFICE: DOES THE EARLY PATENT GET THE DELAY?,

THE JOURNAL OF INDUSTRIAL ECONOMICS, Issue 2 2010
PIERRE RÉGIBEAU
We study the relationship between the length of patent review and the importance of inventions. We build a simple model of the U.S. patent review process. Among the model predictions are that, controlling for a patent's position in a new technology cycle, more important innovations would be approved more quickly. Also, the approval delay is likely to decrease as an industry moves from the early stages of an innovation cycle to later stages. These predictions are in line with the evidence we obtain from a data set on U.S. patents granted in the field of genetically modified crops from 1983 to 1999. We also show that failing to account for the innovation lifecycle , as previous studies have done , is likely to bias upwards the estimates of the relationship between delay and importance. [source]

Polyphenol-rich beverages: insights from sensory and consumer science

JOURNAL OF THE SCIENCE OF FOOD AND AGRICULTURE, Issue 14 2009
Sara R Jaeger
Abstract BACKGROUND: Reaching a go/no-go decision on a product concept early in the innovation cycle can save companies significant resources. The current research is situated within this context. Using polyphenol-rich beverages that were at an early stage in the formulation/optimisation cycle, a number of insights were sought: (1) how acceptable to consumers were these early-stage formulations; (2) what sensory attributes contributed to consumer liking/disliking; and (3) could the disliked sensory attribute(s) be sufficiently masked within the chosen product format? RESULTS: Beverages were formulated according to a 2 × 4 factorial design where one factor varied the polyphenol source and the other sweetness. While consumer acceptability and purchase probability increased with sucrose concentration, the beverages were of below-average sensory quality. Bitterness was identified as a key sensory attribute to focus on in future optimisation efforts. CONCLUSION: A number of approaches exist for masking bitterness and there appeared to be little reason why at least some of the beverages could not be improved to achieve high levels of sensory quality and consumer acceptance. Further, it is suggested that disclosing information about health properties of these polyphenol-rich beverages during consumer testing may further enhance their appeal to consumers. Copyright © 2009 Society of Chemical Industry [source]

INNOVATION CYCLES AND LEARNING AT THE PATENT OFFICE: DOES THE EARLY PATENT GET THE DELAY?,

THE JOURNAL OF INDUSTRIAL ECONOMICS, Issue 2 2010
PIERRE RÉGIBEAU
We study the relationship between the length of patent review and the importance of inventions. We build a simple model of the U.S. patent review process. Among the model predictions are that, controlling for a patent's position in a new technology cycle, more important innovations would be approved more quickly. Also, the approval delay is likely to decrease as an industry moves from the early stages of an innovation cycle to later stages. These predictions are in line with the evidence we obtain from a data set on U.S. patents granted in the field of genetically modified crops from 1983 to 1999. We also show that failing to account for the innovation lifecycle , as previous studies have done , is likely to bias upwards the estimates of the relationship between delay and importance. [source]

Corporate Governance in Germany: the move to shareholder value

CORPORATE GOVERNANCE, Issue 3 2001
Florian Schilling
The paper offers an inside view of the German corporate governance model, based on interviews with over 100 members of supervisory- (Aufsichtsrat) and executive-boards (Vorstand) of major German corporations. The traditional supervisory board with its large size of 20 members, one half elected by the employees, reflects the strong consensus orientation of the German corporate world. This system worked well in times of long innovation cycles and largely separate, national capital markets. It is coming under increasing pressure to adapt to the demands of a fast changing globalised capital market.Keywords: Corporate governance in Germany, supervisory board, codetermination, board composition, professionalisation of boards [source]