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INNOVATION: Technology Assessment, Forecasting, Strategy and Regional Policy

Researchers
Prof. Daniel Shefer , Prof. Shlomo Maital
Cite As:
Shefer Daniel , Maital Shlomo . INNOVATION: Technology Assessment, Forecasting, Strategy and Regional Policy Haifa Israel: Samuel Neaman Institute, 1997. https://www.neaman.org.il/EN/INNOVATION-Technology-Assessment-Forecasting-Strategy-and-Regional-Policy
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1-091.pdf(8091KB)

We construct new operational definitions of incremental innovation, standard innovation, and radical innovation, using our "technometric benchmarking" model. Based on this definition, optimal incremental innovation is formulated as a linear programming problem. The model is illustrated by an actual case: reconfiguration of a gamma camera. We show how our model can contribute to improved allocation of R&D resources, by integrating marketing and R&D in a single decision-support model.

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