Measuring dynamic technical change: a technometric approach
by Amnon Frenkel, Shlomo Maital, Hariolf Grupp
International Journal of Technology Management (IJTM), Vol. 20, No. 3/4, 2000

Abstract: The propose of this paper is to extend the microeconomic benchmarking approach known as ''technometrics''. We offer a novel approach to measuring technical change at the product level, based on intertemporal comparison of product characteristics, using objective performance measures. The goal of the study is to provide a straightforward tool for benchmarking technological sophistication that can be portrayed graphically and shows how technological capabilities have changed between two points in time. This paper extends the static analysis of a previous paper, as it again deals with sensors, and implements the dynamic technometric approach on the updated sensor data.

Online publication date: Mon, 07-Jul-2003

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