Discovering new technology opportunities based on patents: Text-mining and F-term analysis

Kisik Song, Karp Soo Kim and Sungjoo Lee

Technovation, 2017, vol. 60-61, 1-14

Abstract: Discovering new technology opportunities has long been a significant issue in both practice and academia. Among various approaches to search for opportunities, one of the most frequently used is to identify emerging or vacant technologies from patent documents. In line with it, this study aims to suggest a novel approach for the development of new technology ideas based on the F-term, which classifies patent documents according to the technical attributes of the inventions described within them. Since the technical attributes are analyzed according to various perspectives through the application of the F-term, which generates detailed and systematic information about technologies, the F-term can provide effective guidelines for generating new technology ideas, if utilized well.

Keywords: New technology ideas; Patent analysis; F-term; Text-mining; Technology opportunity (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (32)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:techno:v:60-61:y:2017:i::p:1-14

DOI: 10.1016/j.technovation.2017.03.001

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