Technology Opportunity Analysis Based on Machine Learning

The sustainable growth of a company requires a differentiated research and development strategy through the discovery of technology opportunities. However, previous studies fell short of the need for utilizing outlier keywords, based on approaches from various perspectives, to discover technology op...

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Bibliographic Details
Main Authors: Junseok Lee, Sangsung Park, Juhyun Lee
Format: Article
Language:English
Published: MDPI AG 2022-12-01
Series:Axioms
Subjects:
Online Access:https://www.mdpi.com/2075-1680/11/12/708
Description
Summary:The sustainable growth of a company requires a differentiated research and development strategy through the discovery of technology opportunities. However, previous studies fell short of the need for utilizing outlier keywords, based on approaches from various perspectives, to discover technology opportunities. In this study, a technology opportunity discovery method utilizing outlier keywords is proposed. First, the collected patent data are divided into several subsets, and outlier keywords are derived using the W2V and LOF. The derived keywords are clustered through the K-means algorithm. Finally, the similarity between the clusters is evaluated to determine the cluster with the most similarity as a potential technology. In this study, 5679 cases of unmanned aerial vehicle (UAV) patent data were utilized, from which three technology opportunities were derived: UAV defense technology, UAV charging station technology, and UAV measurement precision improvement technology. The proposed method will contribute to discovering differentiated technology fields in advance using technologies with semantic differences and outlier keywords, in which the meaning of words is considered through W2V application.
ISSN:2075-1680