Technology maturity assessment based on blog analysis

Till Albert, Martin G. Moehrle and Stefan Meyer

Technological Forecasting and Social Change, 2015, vol. 92, issue C, 196-209

Abstract: R&D managers make strategic decisions regarding technologies that are crucial for the long term success of their companies. Standardized technology intelligence reports on the basis of informetric approaches are an outstanding means of providing them with a sound information basis; one important yet scientifically less considered aspect of informetrics is technology maturity. The portrayal of a technology in text media changes with its maturity; this change can be measured. Our paper focuses on blog analysis as one part of informetrics. It represents a proof of concept for an approach based on changes induced by technology maturity in blog texts. We operationalize the technology life cycle model by Sommerlatte and Deschamps (1986) and measure the utilization of terms specifically used in the context of pacing technologies and basic technologies, both concepts stemming from the selected technology life cycle model. We test this approach on six technologies and make use of fuzzy logic to assess a technology's maturity. We triangulate the results from blog based analysis with results from an expert survey. Our method provides a quick orientation regarding technologies; it helps compare their maturity, monitor development speed as well as maturity state changes, and even identify re-emerging basic technologies. So far, R&D managers have rated the resulting information as a valuable and intuitive supplement to information sources available.

Keywords: Technology maturity; Technology intelligence; Informetrics; Webometrics; Blogs; Fuzzy logic (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:92:y:2015:i:c:p:196-209

DOI: 10.1016/j.techfore.2014.08.011

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