Technology opportunity identification customized to the technological capability of SMEs through two-stage patent analysis

Yongho Lee, So Young Kim, Inseok Song, Yongtae Park and Juneseuk Shin ()
Additional contact information
Yongho Lee: Korea Institute of Science and Technology Information
So Young Kim: Korea Institute of Science and Technology Information
Inseok Song: Korea Institute of Science and Technology Information
Yongtae Park: Seoul National University
Juneseuk Shin: Sungkyunkwan University

Scientometrics, 2014, vol. 100, issue 1, No 12, 227-244

Abstract: Abstract Small and medium enterprises (SMEs) have difficulties identifying appropriate technology opportunities under severe capability and resource constraints. To tackle this issue, we suggest a method for identifying technology opportunities that is customized to the existing technologies and technological capabilities of SMEs through two-stage patent analysis. An expert-based technological attribute–application table makes it possible to identify basic opportunities by multiple keyword matching. Also, non-traditional opportunities can be explored and identified by an iterative action–object analysis of patents. This two-stage patent analysis approach provides managers with a way of identifying specific technology opportunities in which their existing technologies can be utilized to the maximum extent, therefore helping them to develop technology strategies.

Keywords: Technology opportunity; Small and medium enterprise; Technological capability; Patent analysis; Action and object analysis; 62-07 (search for similar items in EconPapers)
JEL-codes: O32 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (20)

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DOI: 10.1007/s11192-013-1216-0

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