Forecasting technology success based on patent data

ALTUNTAŞ S., Dereli T., Kusiak A.

TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE, cilt.96, ss.202-214, 2015 (SSCI) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 96
  • Basım Tarihi: 2015
  • Doi Numarası: 10.1016/j.techfore.2015.03.011
  • Dergi Adı: TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
  • Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus
  • Sayfa Sayıları: ss.202-214
  • Anahtar Kelimeler: Technology forecasting, Patent analysis, Technology life cycle, Technology diffusion, Technology scope, Condorcet method, EMERGING TECHNOLOGIES, HYDROGEN ENERGY, WASTE GLASS, MODEL, INTELLIGENCE, DIFFUSION, SYSTEM, FUTURE, INFORMATION, MANAGEMENT
  • Yıldız Teknik Üniversitesi Adresli: Evet

Özet

A novel method for forecasting technology success based on patent data is proposed. Four criteria, technology life cycle, diffusion speed, patent power, and expansion potential are considered for technology forecasting. Patent power and expansion potential are considered as technology scope indicators. A data fusion algorithm is applied to combine the results obtained from different criteria. The usefulness and potential of the proposed forecasting approach has been demonstrated using all U.S. patents related to three technologies, namely thin film transistor-liquid crystal display, flash memory system, and personal digital assistant. The results obtained from these patents demonstrate that the personal digital assistant technology is preferred over other technologies. Investments in thin film transistor liquid-crystal display and flash memory system technologies have equal priority. (C) 2015 Elsevier Inc. All rights reserved.