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.