A study on the method to visualize the product development cycle by predicting patent applications for each product
DOI:
https://doi.org/10.56294/saludcyt2022187Keywords:
Product Development Cycle, Inverse Problem Analysis, ProjectorAbstract
Knowing the growth process of a company's business and products is a valuable insight for innovation. While launching the first product is a prerequisite for innovation, the process after the launch of the first product is equally important. In many cases, a business is finally established after several generations of product launches. In this study, we show a method to visualize the product development cycle of each generation by predicting the transition of the number of patent applications for each product. Furthermore, as part of the discussion, we apply this method to Seiko Epson projector products and demonstrate that our results were valid. We observed that Seiko Epson repeats the product development cycle in the growth process of its projector business and products. Based on the findings, we discuss the method's applicability to the analysis of a company's business and product growth
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Copyright (c) 2022 Yoshinori Hayashi , Koji Masuda , Shigeyuki Haruyama (Author)
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