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Of course, the ultimate measure of technological success isn't productive prowess but quality of life.
We compare these authoritative attempts with our own measure of technological capability, ArCo.
The reason, says Seru, is that, unlike earlier studies, the textual based metric potentially enables researchers to filter out a cleaner measure of technological innovation — especially breakthrough innovations.
Overall, the results support our indicator as ex ante measure of technological novelty with the potential to drive radical technological change.
First, a non-parametric frontier analysis is implemented to estimate efficiency scores, including a measure of technological innovation based on patent stocks.
Technologically, they had always been a step behind never quite managing, for instance, to etch the circuit lines on a chip (a popular measure of technological prowess) as narrowly as the top IDMs.
Similar(47)
But the trouble with using games such as chess and Go as measures of technological progress is that they are competitions.
Although the methods presented have broad applications, an extensive example exploring various measures of technological similarity based on the USPTO patent classification system is included.
Current measures of technological distance or similarity typically ignore a great deal of the information contained within the classification taxonomies upon which they are based.
Accordingly, it is relevant to take account, inter alia, of the relative costs of different types of technological measures, of technological and practical aspects of their implementation, and of a comparison of the effectiveness of those different types of technological measures as regards the protection of the rightholder's rights, that effectiveness however not having to be absolute.
33 Accordingly, it is relevant to take account, inter alia, of the relative costs of different types of technological measures, of technological and practical aspects of their implementation, and of a comparison of the effectiveness of those different types of technological measures as regards the protection of rightholder's rights, that effectiveness however not having to be absolute.
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