Statistics for Innovation


Book Description

4. 1. 1 ImportanceofComputerSimulation The importance of experimenting for quality improvement and innovation of pr- ucts and processes is now very well known: “experimenting” means to implement signi?cant and intentional changes with the aim of obtaining useful information. In particular, the majority of industrial experiments have two goals: • To quantify the dependence of one or more observable response variables on a group of input factors in the design or the manufacturing of a product, in order to forecast the behavior of the system in a reliable way. • To identify the level settings for the inputs (design parameters) that are capable of optimizing the response. The set of rules that govern experiments for technological improvement in a ph- ical set-up are now comprehensively labeled “DoE. ” In recent years, the use of - perimentation in engineering design has received renewed momentum through the utilization of computer experiments (see Sacks et al. 1989, Santner et al. 2003), which has been steadily growing in the last two decades. These experimentsare run on a computer code implementing a simulation model of a physical system of int- est. This enables us to explore the complex relationships between input and output variables. Themain advantageofthis is that thesystem becomesmore“observable,” since computer runs are generally easier and cheaper than measurements taken in a physical set-up, and the exploration can be carried out more thoroughly. This is particularly attractive in industrial design applications where the goal is system - timization. 4. 1.




Data-Driven Innovation Big Data for Growth and Well-Being


Book Description

This report improves the evidence base on the role of Data Driven Innovation for promoting growth and well-being, and provide policy guidance on how to maximise the benefits of DDI and mitigate the associated economic and societal risks.




Competitive Innovation and Improvement


Book Description

Competitive Innovation and Improvement: Statistical Design and Control explains how to combine two widely known statistical methods‘statistical design and statistical control in a manner that can solve any business, government, or research problem quickly with sustained results. Because the problem-solving strategy employed is pure scientific metho




The Measurement of Scientific, Technological and Innovation Activities Oslo Manual 2018 Guidelines for Collecting, Reporting and Using Data on Innovation, 4th Edition


Book Description

What is innovation and how should it be measured? Understanding the scale of innovation activities, the characteristics of innovative firms and the internal and systemic factors that can influence innovation is a prerequisite for the pursuit and analysis of policies aimed at fostering innovation.




New Horizons for a Data-Driven Economy


Book Description

In this book readers will find technological discussions on the existing and emerging technologies across the different stages of the big data value chain. They will learn about legal aspects of big data, the social impact, and about education needs and requirements. And they will discover the business perspective and how big data technology can be exploited to deliver value within different sectors of the economy. The book is structured in four parts: Part I “The Big Data Opportunity” explores the value potential of big data with a particular focus on the European context. It also describes the legal, business and social dimensions that need to be addressed, and briefly introduces the European Commission’s BIG project. Part II “The Big Data Value Chain” details the complete big data lifecycle from a technical point of view, ranging from data acquisition, analysis, curation and storage, to data usage and exploitation. Next, Part III “Usage and Exploitation of Big Data” illustrates the value creation possibilities of big data applications in various sectors, including industry, healthcare, finance, energy, media and public services. Finally, Part IV “A Roadmap for Big Data Research” identifies and prioritizes the cross-sectorial requirements for big data research, and outlines the most urgent and challenging technological, economic, political and societal issues for big data in Europe. This compendium summarizes more than two years of work performed by a leading group of major European research centers and industries in the context of the BIG project. It brings together research findings, forecasts and estimates related to this challenging technological context that is becoming the major axis of the new digitally transformed business environment.










Open Data Now: The Secret to Hot Startups, Smart Investing, Savvy Marketing, and Fast Innovation


Book Description

Get unprecedented access to thousands of databases. It's called Open Data, and it's revolutionizing business. The business leader’s guide to using Open Data to analyze patterns and trends, manage risk, solve problems—and seize the competitive edge Two major trends—the exponential growth of digital data and an emerging culture of disclosure and transparency—have converged to create a world where voluminous information about businesses, government, and the population is becoming visible, accessible, and usable. It’s called Open Data, and this book helps leaders harness its power to market and grow their companies. Open Data Now gives you the knowledge and tools to take advantage of this phenomenon in its early stages—and beat the competition to leveraging its many benefits. Joel Gurin is an expert on making complex data sets useful in solving consumer problems, analyzing corporate information, and addressing social issues. He has collaborated with leaders in data, technology, and policy in the U.S. and UK governments, including officials in the White House and 10 Downing Street and at more than 20 U.S. federal agencies.




Innovation Strategies for a Global Economy


Book Description

Provides an agenda for future work on activities to improve understanding of innovation strategies in the medium and short term.




Innovation and the Development Agenda


Book Description

Innovation drives long-term economic growth. This book examines the role of innovation in developing countries, with a focus on Africa.