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Captures innovation by looking at what purchasers are willing to pay for ‘new & improved’ products or services, Takes this price or fee and extracts the effect of competition to leave the underlying innovative performance or utility being delivered,

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business innovation analysis
Captures innovation by looking at what purchasers are willing to pay for ‘new & improved’ products or services,

Takes this price or fee and extracts the effect of competition to leave the underlying innovative performance or utility being delivered,

Aggregates these performances upwards from firm to industry to sector to the whole economy,

where delivering GDP validates the economic rigor of this approach.

Business Innovation Analysis

Business Innovation Analysis

a beginning brief

click to advance

innovation in the u s economy 1977 19973

For domestic manufactures, here is innovation in Pharmaceuticals,

and here it is for Office Machines,

Innovation in the U.S. Economy 1977 - 1997

including Personal Computers.

innovation in the u s economy 1977 19974
Innovation in the U.S. Economy 1977 – 1997

Innovation in Office Machines (solid circles) and in Personal Computers (open squares)

Surprisingly, innovation in Personal Computers increases at first and then goes down.

According to Brittanica’s Book of the Year ‘users began questioning whether the billions of dollars they had poured into computerized information systems over the years were really worth the investment’

Revealing unexpected innovation insights is a rich capability of Business Innovation Analysis.

innovation in the u s economy 1977 19976

The Legal Profession,

Radio & TV,

Motion Pictures.

Innovation in the U.S. Economy 1977 - 1997

Within Services here is innovation in,

innovation in the u s economy 1977 19977
Innovation in the U.S. Economy 1977 - 1997

And as a final example here is innovation in (local) Public Services,

this innovation is dominated by Education.

innovation in the u s economy
The foregoing examples show aggregates of innovative product or service performances,

They arise from a more visceral level where competition drives individual innovations,

  • All of this can be explored here
Innovation in the U.S. Economy