Welingkar Blog: Beyond the Walls

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Admissions Open for 2-Year Full-Time PGDM
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Guest Session on Technological Innovation and Patent Analysis

Topics Discussed  :  
– Introduction about Technology Life Cycle (TLC).
– Introduction to different stages of TLC.
– Significance and examples of Stages of TLC.
– How IOT monitoring data also helps in targeted advertising.
– Discussion about different types of TLC indicators.
-Discussion on different TLC indicators with complementary and supplementary technologies.
– Discussed about the Patent process followed in the US.

Key Learnings 
– The perspective of a competitive strategy for an innovative product with complementary and supplementary technologies in the market.
– Sharing of technology knowledge and skills tend to spill over at five TLC stages and  number of patent counts leading the disruptive and incremental innovation accordingly.  – TLC helps to develop a potential patented technology.

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