Many research universities have large medical research and clinical delivery enterprises that provide significant revenue. Every month we run through public commenting opportunities for consensus documents that set the standard of care for the facilities and technologies in these enterprises.
Innovation – Standardization – Commoditization run along a continuum. Today we unpack some of the ideas that hasten (and prohibit) leading practice discovery; how quickly goods and services become a “human right”; why all of this is relevant to education communities and why some believe that commoditization is a myth.
From the Wikipedia
In business literature, commoditization is defined as the process by which goods that have economic value and are distinguishable in terms of attributes (uniqueness or brand) end up becoming simple commodities in the eyes of the market or consumers. It is the movement of a market from differentiated to undifferentiated price competition and from monopolistic competition to perfect competition. Hence, the key effect of commoditization is that the pricing power of the manufacturer or brand owner is weakened: when products become more similar from a buyer’s point of view, they will tend to buy the cheapest.
Why High-Tech Commoditization Is Accelerating https://t.co/QzTPARLtnp via @mitsmr @IEEECampus @IEEESA
— Standards Michigan (@StandardsMich) October 20, 2020
New update alert! The 2022 update to the Trademark Assignment Dataset is now available online. Find 1.29 million trademark assignments, involving 2.28 million unique trademark properties issued by the USPTO between March 1952 and January 2023: https://t.co/njrDAbSpwB pic.twitter.com/GkAXrHoQ9T
— USPTO (@uspto) July 13, 2023
Standards Michigan Group, LLC
455 East Eisenhower Parkway, Suite 300
Ann Arbor, MI 48108 USA
888-748-3670