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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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
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author Junseok Lee
Sangsung Park
Juhyun Lee
author_facet Junseok Lee
Sangsung Park
Juhyun Lee
author_sort Junseok Lee
collection DOAJ
description 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.
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spelling doaj.art-e3dc01555e9141559c8bbad3ce8d30212023-11-24T13:15:49ZengMDPI AGAxioms2075-16802022-12-01111270810.3390/axioms11120708Technology Opportunity Analysis Based on Machine LearningJunseok Lee0Sangsung Park1Juhyun Lee2Institute of Machine Learning and Big Data, Korea University, Seoul 02841, Republic of KoreaDepartment of Big Data Statistics, Cheongju University, Cheongju 28503, Republic of KoreaInstitute of Engineering Research, Korea University, Seoul 02841, Republic of KoreaThe 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.https://www.mdpi.com/2075-1680/11/12/708technology opportunity discoverypatentword2veclocal outlier factorUAV
spellingShingle Junseok Lee
Sangsung Park
Juhyun Lee
Technology Opportunity Analysis Based on Machine Learning
Axioms
technology opportunity discovery
patent
word2vec
local outlier factor
UAV
title Technology Opportunity Analysis Based on Machine Learning
title_full Technology Opportunity Analysis Based on Machine Learning
title_fullStr Technology Opportunity Analysis Based on Machine Learning
title_full_unstemmed Technology Opportunity Analysis Based on Machine Learning
title_short Technology Opportunity Analysis Based on Machine Learning
title_sort technology opportunity analysis based on machine learning
topic technology opportunity discovery
patent
word2vec
local outlier factor
UAV
url https://www.mdpi.com/2075-1680/11/12/708
work_keys_str_mv AT junseoklee technologyopportunityanalysisbasedonmachinelearning
AT sangsungpark technologyopportunityanalysisbasedonmachinelearning
AT juhyunlee technologyopportunityanalysisbasedonmachinelearning