@article{michelino2015patent,
  title = {Patent data analysis of innovation behaviours in technology hardware & equipment industry},
  author = {Francesca Michelino and Antonello Cammarano and Emilia Lamberti and Mauro Caputo},
  year = 2015,
  url = {https://ibimapublishing.com/articles/JIBBP/2015/316698/},
  journal = {Journal of Innovation and Business Best Practice},
  volume = 2015 (2015),
  pages = 13,
  doi = 10.5171/2015.316698,
  abstract = {The paper presents an analytical method to define innovation behaviours and technology strategies of companies using patent data.The framework can be used to: 1) analyse single innovation behaviours, 2) map innovation strategies defined as combinations of different innovation behaviours, and 3) describe the patterns of technological evolutions over time.The methodology is tested on a sample of 133 top research and development (R&D) companies belonging to technology hardware & equipment industry, by analysing their patents applied from 2008 to 2012. From the analysis of the behaviours, a preponderance of exploitation strategies that lead to radical outputs is detected. We also uncovered a growing adoption of open innovation and an increasing concentration of R&D efforts on radical outputs.},
  keywords = {Innovation strategies, exploration vs. exploitation, open innovation, radical vs. incremental innovation, patent data analysis.},
  note = Article ID: 316698
}