IDEAS home Printed from https://ideas.repec.org/a/eee/tefoso/v173y2021ics0040162521005928.html
   My bibliography  Save this article

Combining topic modeling and SAO semantic analysis to identify technological opportunities of emerging technologies

Author

Listed:
  • Ma, Tingting
  • Zhou, Xiao
  • Liu, Jia
  • Lou, Zhenkai
  • Hua, Zhaoting
  • Wang, Ruitao

Abstract

With the advancement of science and the emergence of new technologies, technology opportunities analysis has attracted increasing attention from both society and academia. This study proposes a hybrid approach to integrate topic modeling, semantic SAO analysis, machine learning, and expert judgment, identifying technological topics and potential development opportunities. The systematical methodology is applied to analyze a set of 9,883 Derwent Innovation Index (DII) patents related to the dye-sensitized solar cell to present its potential contribution of technical intelligence for R&D management. Also, how the approach is validated and optimized is illustrated. The main contributions of this paper are two-fold. First, an optimized topic extraction model with high accuracy is constructed, considering both the patent classification codes and term location. Second, we integrate the topic modeling, SAO technique, and machine learning to explore semantic relationships among technological topics represented as a suite of terms. The methodology overcomes some drawbacks of the current studies. It can be used as a powerful tool for technological opportunities analysis.

Suggested Citation

  • Ma, Tingting & Zhou, Xiao & Liu, Jia & Lou, Zhenkai & Hua, Zhaoting & Wang, Ruitao, 2021. "Combining topic modeling and SAO semantic analysis to identify technological opportunities of emerging technologies," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
  • Handle: RePEc:eee:tefoso:v:173:y:2021:i:c:s0040162521005928
    DOI: 10.1016/j.techfore.2021.121159
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0040162521005928
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.techfore.2021.121159?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Lee, Jeongjin & Kim, Changseok & Shin, Juneseuk, 2017. "Technology opportunity discovery to R&D planning: Key technological performance analysis," Technological Forecasting and Social Change, Elsevier, vol. 119(C), pages 53-63.
    2. Ma, Tingting & Zhang, Yi & Huang, Lu & Shang, Lining & Wang, Kangrui & Yu, Huizhu & Zhu, Donghua, 2017. "Text mining to gain technical intelligence for acquired target selection: A case study for China's computer numerical control machine tools industry," Technological Forecasting and Social Change, Elsevier, vol. 116(C), pages 162-180.
    3. Ola Olsson, 2005. "Technological Opportunity and Growth," Journal of Economic Growth, Springer, vol. 10(1), pages 31-53, January.
    4. Yoon, Byungun & Magee, Christopher L., 2018. "Exploring technology opportunities by visualizing patent information based on generative topographic mapping and link prediction," Technological Forecasting and Social Change, Elsevier, vol. 132(C), pages 105-117.
    5. Jing Ma & Alan L. Porter, 2015. "Analyzing patent topical information to identify technology pathways and potential opportunities," Scientometrics, Springer;Akadémiai Kiadó, vol. 102(1), pages 811-827, January.
    6. Zhou, Xiao & Huang, Lu & Porter, Alan & Vicente-Gomila, Jose M., 2019. "Tracing the system transformations and innovation pathways of an emerging technology: Solid lipid nanoparticles," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 785-794.
    7. Lee, Changyong & Kang, Bokyoung & Shin, Juneseuk, 2015. "Novelty-focused patent mapping for technology opportunity analysis," Technological Forecasting and Social Change, Elsevier, vol. 90(PB), pages 355-365.
    8. Chyi-Kwei Yau & Alan Porter & Nils Newman & Arho Suominen, 2014. "Clustering scientific documents with topic modeling," Scientometrics, Springer;Akadémiai Kiadó, vol. 100(3), pages 767-786, September.
    9. Erzurumlu, S. Sinan & Pachamanova, Dessislava, 2020. "Topic modeling and technology forecasting for assessing the commercial viability of healthcare innovations," Technological Forecasting and Social Change, Elsevier, vol. 156(C).
    10. Zhang, Yi & Robinson, Douglas K.R. & Porter, Alan L. & Zhu, Donghua & Zhang, Guangquan & Lu, Jie, 2016. "Technology roadmapping for competitive technical intelligence," Technological Forecasting and Social Change, Elsevier, vol. 110(C), pages 175-186.
    11. Chen, Hongshu & Zhang, Guangquan & Zhu, Donghua & Lu, Jie, 2017. "Topic-based technological forecasting based on patent data: A case study of Australian patents from 2000 to 2014," Technological Forecasting and Social Change, Elsevier, vol. 119(C), pages 39-52.
    12. Yi Zhang & Xiao Zhou & Alan L. Porter & Jose M. Vicente Gomila, 2014. "How to combine term clumping and technology roadmapping for newly emerging science & technology competitive intelligence: “problem & solution” pattern based semantic TRIZ tool and case study," Scientometrics, Springer;Akadémiai Kiadó, vol. 101(2), pages 1375-1389, November.
    13. Yi Zhang & Xiao Zhou & Alan L. Porter & Jose M. Vicente Gomila & An Yan, 2014. "Triple Helix innovation in China’s dye-sensitized solar cell industry: hybrid methods with semantic TRIZ and technology roadmapping," Scientometrics, Springer;Akadémiai Kiadó, vol. 99(1), pages 55-75, April.
    14. Zhang, Yi & Zhang, Guangquan & Chen, Hongshu & Porter, Alan L. & Zhu, Donghua & Lu, Jie, 2016. "Topic analysis and forecasting for science, technology and innovation: Methodology with a case study focusing on big data research," Technological Forecasting and Social Change, Elsevier, vol. 105(C), pages 179-191.
    15. Ma, Jing & Abrams, Natalie F. & Porter, Alan L. & Zhu, Donghua & Farrell, Dorothy, 2019. "Identifying translational indicators and technology opportunities for nanomedical research using tech mining: The case of gold nanostructures," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 767-775.
    16. Xuefeng Wang & Pingping Ma & Ying Huang & Junfang Guo & Donghua Zhu & Alan L. Porter & Zhinan Wang, 2017. "Combining SAO semantic analysis and morphology analysis to identify technology opportunities," Scientometrics, Springer;Akadémiai Kiadó, vol. 111(1), pages 3-24, April.
    17. Allen H. Huang & Reuven Lehavy & Amy Y. Zang & Rong Zheng, 2018. "Analyst Information Discovery and Interpretation Roles: A Topic Modeling Approach," Management Science, INFORMS, vol. 64(6), pages 2833-2855, June.
    18. Waltman, Ludo & van Eck, Nees Jan & Noyons, Ed C.M., 2010. "A unified approach to mapping and clustering of bibliometric networks," Journal of Informetrics, Elsevier, vol. 4(4), pages 629-635.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Richarz, Jan & Wegewitz, Stephan & Henn, Sarah & Müller, Dirk, 2023. "Graph-based research field analysis by the use of natural language processing: An overview of German energy research," Technological Forecasting and Social Change, Elsevier, vol. 186(PB).
    2. Yang, Zaoli & Wu, Qingyang & Venkatachalam, K. & Li, Yuchen & Xu, Bing & Trojovský, Pavel, 2022. "Topic identification and sentiment trends in Weibo and WeChat content related to intellectual property in China," Technological Forecasting and Social Change, Elsevier, vol. 184(C).
    3. Jeon, Eunji & Yoon, Naeun & Sohn, So Young, 2023. "Exploring new digital therapeutics technologies for psychiatric disorders using BERTopic and PatentSBERTa," Technological Forecasting and Social Change, Elsevier, vol. 186(PA).
    4. Zhenyu Yang & Wenyu Zhang & Zhimin Wang & Xiaoling Huang, 2024. "A deep learning-based method for predicting the emerging degree of research topics using emerging index," Scientometrics, Springer;Akadémiai Kiadó, vol. 129(7), pages 4021-4042, July.
    5. Just, Julian, 2024. "Natural language processing for innovation search – Reviewing an emerging non-human innovation intermediary," Technovation, Elsevier, vol. 129(C).
    6. Ghaffari, Mohsen & Aliahmadi, Alireza & Khalkhali, Abolfazl & Zakery, Amir & Daim, Tugrul U. & Yalcin, Haydar, 2023. "Topic-based technology mapping using patent data analysis: A case study of vehicle tires," Technological Forecasting and Social Change, Elsevier, vol. 193(C).
    7. Li, Libo & Yu, Huan & Kunc, Martin, 2024. "The impact of forum content on data science open innovation performance: A system dynamics-based causal machine learning approach," Technological Forecasting and Social Change, Elsevier, vol. 198(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ren, Haiying & Zhao, Yuhui, 2021. "Technology opportunity discovery based on constructing, evaluating, and searching knowledge networks," Technovation, Elsevier, vol. 101(C).
    2. Zhou, Xiao & Huang, Lu & Porter, Alan & Vicente-Gomila, Jose M., 2019. "Tracing the system transformations and innovation pathways of an emerging technology: Solid lipid nanoparticles," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 785-794.
    3. Jing Ma & Yaohui Pan & Chih-Yi Su, 2022. "Organization-oriented technology opportunities analysis based on predicting patent networks: a case of Alzheimer’s disease," Scientometrics, Springer;Akadémiai Kiadó, vol. 127(9), pages 5497-5517, September.
    4. Zhang, Yi & Huang, Ying & Porter, Alan L. & Zhang, Guangquan & Lu, Jie, 2019. "Discovering and forecasting interactions in big data research: A learning-enhanced bibliometric study," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 795-807.
    5. Jinzhu Zhang & Wenqian Yu, 2020. "Early detection of technology opportunity based on analogy design and phrase semantic representation," Scientometrics, Springer;Akadémiai Kiadó, vol. 125(1), pages 551-576, October.
    6. Liu, Zhenfeng & Feng, Jian & Uden, Lorna, 2023. "Technology opportunity analysis using hierarchical semantic networks and dual link prediction," Technovation, Elsevier, vol. 128(C).
    7. Zhang, Yi & Zhang, Guangquan & Chen, Hongshu & Porter, Alan L. & Zhu, Donghua & Lu, Jie, 2016. "Topic analysis and forecasting for science, technology and innovation: Methodology with a case study focusing on big data research," Technological Forecasting and Social Change, Elsevier, vol. 105(C), pages 179-191.
    8. Wang, Chang & Geng, Hongjun & Sun, Rui & Song, Huiling, 2022. "Technological potential analysis and vacant technology forecasting in the graphene field based on the patent data mining," Resources Policy, Elsevier, vol. 77(C).
    9. Lijie Feng & Yuxiang Niu & Zhenfeng Liu & Jinfeng Wang & Ke Zhang, 2019. "Discovering Technology Opportunity by Keyword-Based Patent Analysis: A Hybrid Approach of Morphology Analysis and USIT," Sustainability, MDPI, vol. 12(1), pages 1-35, December.
    10. Li, Xin & Xie, Qianqian & Daim, Tugrul & Huang, Lucheng, 2019. "Forecasting technology trends using text mining of the gaps between science and technology: The case of perovskite solar cell technology," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 432-449.
    11. Zhang, Yi & Shang, Lining & Huang, Lu & Porter, Alan L. & Zhang, Guangquan & Lu, Jie & Zhu, Donghua, 2016. "A hybrid similarity measure method for patent portfolio analysis," Journal of Informetrics, Elsevier, vol. 10(4), pages 1108-1130.
    12. Choi, Jaewoong & Jeong, Byeongki & Yoon, Janghyeok, 2019. "Technology opportunity discovery under the dynamic change of focus technology fields: Application of sequential pattern mining to patent classifications," Technological Forecasting and Social Change, Elsevier, vol. 148(C).
    13. Kyuwoong Kim & Kyeongmin Park & Sungjoo Lee, 2019. "Investigating technology opportunities: the use of SAOx analysis," Scientometrics, Springer;Akadémiai Kiadó, vol. 118(1), pages 45-70, January.
    14. Choi, Hyunhong & Woo, JongRoul, 2022. "Investigating emerging hydrogen technology topics and comparing national level technological focus: Patent analysis using a structural topic model," Applied Energy, Elsevier, vol. 313(C).
    15. Sabrina L. Woltmann & Lars Alkærsig, 2018. "Tracing university–industry knowledge transfer through a text mining approach," Scientometrics, Springer;Akadémiai Kiadó, vol. 117(1), pages 449-472, October.
    16. Seunghyun Oh & Jaewoong Choi & Namuk Ko & Janghyeok Yoon, 2020. "Predicting product development directions for new product planning using patent classification-based link prediction," Scientometrics, Springer;Akadémiai Kiadó, vol. 125(3), pages 1833-1876, December.
    17. Xu, Shuo & Hao, Liyuan & Yang, Guancan & Lu, Kun & An, Xin, 2021. "A topic models based framework for detecting and forecasting emerging technologies," Technological Forecasting and Social Change, Elsevier, vol. 162(C).
    18. Zhang, Yi & Robinson, Douglas K.R. & Porter, Alan L. & Zhu, Donghua & Zhang, Guangquan & Lu, Jie, 2016. "Technology roadmapping for competitive technical intelligence," Technological Forecasting and Social Change, Elsevier, vol. 110(C), pages 175-186.
    19. Ghaffari, Mohsen & Aliahmadi, Alireza & Khalkhali, Abolfazl & Zakery, Amir & Daim, Tugrul U. & Yalcin, Haydar, 2023. "Topic-based technology mapping using patent data analysis: A case study of vehicle tires," Technological Forecasting and Social Change, Elsevier, vol. 193(C).
    20. Ma, Jing & Abrams, Natalie F. & Porter, Alan L. & Zhu, Donghua & Farrell, Dorothy, 2019. "Identifying translational indicators and technology opportunities for nanomedical research using tech mining: The case of gold nanostructures," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 767-775.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:tefoso:v:173:y:2021:i:c:s0040162521005928. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.sciencedirect.com/science/journal/00401625 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.