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Patent-based semantic measurement of one-way and two-way technology convergence: The case of ultraviolet light emitting diodes (UV-LEDs)

Kathi Eilers, Jonas Frischkorn, Elisabeth Eppinger, Lothar Walter and Martin G. Moehrle

Technological Forecasting and Social Change, 2019, vol. 140, issue C, 341-353

Abstract: Companies need to identify technology convergence in order to get early warning signals to detect new risks and opportunities. The purpose of this paper is to provide a novel method for identifying different movement patterns of technology convergence by means of a semantic analysis approach using patent data. We illustrate this method on the basis of four distinct application technologies of ultraviolet light emitting diodes (UV-LEDs). Developing semantic anchor points for these four application technologies and calculating semantic similarity values for all pairs of patents and anchor points enables the identification of and separation between one-way and two-way technology convergence by means of statistical analysis.

Keywords: Technology analysis; Semantic anchor points; Informetric measures; Patents; Convergence analysis; Fusion analysis; Similarity measurement (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (12)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:140:y:2019:i:c:p:341-353

DOI: 10.1016/j.techfore.2018.12.024

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