IDEAS home Printed from https://ideas.repec.org/a/eee/tefoso/v92y2015icp196-209.html
   My bibliography  Save this article

Technology maturity assessment based on blog analysis

Author

Listed:
  • Albert, Till
  • Moehrle, Martin G.
  • Meyer, Stefan

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.

Suggested Citation

  • Albert, Till & Moehrle, Martin G. & Meyer, Stefan, 2015. "Technology maturity assessment based on blog analysis," Technological Forecasting and Social Change, Elsevier, vol. 92(C), pages 196-209.
    • Handle: RePEc:eee:tefoso:v:92:y:2015:i:c:p:196-209
    DOI: 10.1016/j.techfore.2014.08.011
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0040162514002509
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.techfore.2014.08.011?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. David J. TEECE, 2008. "Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy," World Scientific Book Chapters, in: The Transfer And Licensing Of Know-How And Intellectual Property Understanding the Multinational Enterprise in the Modern World, chapter 5, pages 67-87, World Scientific Publishing Co. Pte. Ltd..
    2. Utterback, James M & Abernathy, William J, 1975. "A dynamic model of process and product innovation," Omega, Elsevier, vol. 3(6), pages 639-656, December.
    3. Van Looy, Bart & Callaert, Julie & Debackere, Koenraad, 2006. "Publication and patent behavior of academic researchers: Conflicting, reinforcing or merely co-existing?," Research Policy, Elsevier, vol. 35(4), pages 596-608, May.
    4. Routley, Michèle & Phaal, Robert & Probert, David, 2013. "Exploring industry dynamics and interactions," Technological Forecasting and Social Change, Elsevier, vol. 80(6), pages 1147-1161.
    5. Haupt, Reinhard & Kloyer, Martin & Lange, Marcus, 2007. "Patent indicators for the technology life cycle development," Research Policy, Elsevier, vol. 36(3), pages 387-398, April.
    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. Rammer, Christian & Es-Sadki, Nordine, 2023. "Using big data for generating firm-level innovation indicators - a literature review," Technological Forecasting and Social Change, Elsevier, vol. 197(C).
    2. Kayser, Victoria & Blind, Knut, 2017. "Extending the knowledge base of foresight: The contribution of text mining," Technological Forecasting and Social Change, Elsevier, vol. 116(C), pages 208-215.
    3. Lee, Changyong, 2021. "A review of data analytics in technological forecasting," Technological Forecasting and Social Change, Elsevier, vol. 166(C).
    4. Momeni, Abdolreza & Rost, Katja, 2016. "Identification and monitoring of possible disruptive technologies by patent-development paths and topic modeling," Technological Forecasting and Social Change, Elsevier, vol. 104(C), pages 16-29.
    5. Kristóf Gyódi & Łukasz Nawaro & Michał Paliński & Maciej Wilamowski, 2023. "Informing policy with text mining: technological change and social challenges," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(1), pages 933-954, February.

    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. Schmidt, Arne & Walter, Sascha G. & Walter, Achim, 2010. "Contingency Factors and the Technology-Performance-Relationship in Start-ups," EconStor Preprints 37082, ZBW - Leibniz Information Centre for Economics.
    2. Baldwin, Carliss Y. & Bogers, Marcel L.A.M. & Kapoor, Rahul & West, Joel, 2024. "Focusing the ecosystem lens on innovation studies," Research Policy, Elsevier, vol. 53(3).
    3. Chang, Yuan-Chieh & Chen, Min-Nan, 2016. "Service regime and innovation clusters: An empirical study from service firms in Taiwan," Research Policy, Elsevier, vol. 45(9), pages 1845-1857.
    4. Cincera, Michele & Ince, Ela & Santos, Anabela, 2024. "Revisiting the innovation-competition nexus: Evidence from worldwide manufacturing and service industries," Structural Change and Economic Dynamics, Elsevier, vol. 69(C), pages 586-603.
    5. Najda-Janoszka, Marta, 2017. "Industry Transition - Challenges for Value Capture," MPRA Paper 81919, University Library of Munich, Germany.
    6. Carolina Castaldi & Bart Los, 2008. "The identification of important innovations using tail estimators," Innovation Studies Utrecht (ISU) working paper series 08-07, Utrecht University, Department of Innovation Studies, revised Feb 2008.
    7. Arun Kumaraswamy & Raghu Garud & Shahzad (Shaz) Ansari, 2018. "Perspectives on Disruptive Innovations," Journal of Management Studies, Wiley Blackwell, vol. 55(7), pages 1025-1042, November.
    8. Stefan Schaltegger & Marcus Wagner, 2011. "Sustainable entrepreneurship and sustainability innovation: categories and interactions," Business Strategy and the Environment, Wiley Blackwell, vol. 20(4), pages 222-237, May.
    9. Woojin Yoon & Suyeon Kwon, 2023. "The Impact of Technological and Non-technological Innovative Activities on Technological Competitiveness," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(1), pages 1-19, March.
    10. Sushil & Kamala Kannan Dinesh, 2022. "Structured Literature Review with TISM Leading to an Argumentation Based Conceptual Model," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 23(3), pages 387-407, September.
    11. Martin Kalthaus, 2020. "Knowledge recombination along the technology life cycle," Journal of Evolutionary Economics, Springer, vol. 30(3), pages 643-704, July.
    12. Lee, Cheng-Yu & Wang, Ming-Chao & Huang, Yen-Chih, 2015. "The double-edged sword of technological diversity in R&D alliances: Network position and learning speed as moderators," European Management Journal, Elsevier, vol. 33(6), pages 450-461.
    13. de Vries, H.J. & de Ruijter, J.P.M. & Argam, N., 2009. "Dominant Design or Multiple Designs: The Flash Memory Card Case," ERIM Report Series Research in Management ERS-2009-032-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    14. Tariq, Adeel & Badir, Yuosre F. & Tariq, Waqas & Bhutta, Umair Saeed, 2017. "Drivers and consequences of green product and process innovation: A systematic review, conceptual framework, and future outlook," Technology in Society, Elsevier, vol. 51(C), pages 8-23.
    15. Mahka Moeen & Rajshree Agarwal & Sonali K. Shah, 2020. "Building Industries by Building Knowledge: Uncertainty Reduction over Industry Milestones," Strategy Science, INFORMS, vol. 5(3), pages 218-244, September.
    16. James Bessen, 2010. "Communicating Technical Knowledge," Working Papers 1001, Research on Innovation.
    17. Ackermann, Malte & Brenner, Thomas & Lorenz, Steffi & Stephan, Michael, 2011. "Die Entwicklung der technologischen Wissensbasis in technologiegetriebenen Industrien am Beispiel der deutschen Solarindustrie: Eine empirische Analyse der Akteure und ihrer Herkunft," Discussion Papers on Strategy and Innovation 11-05, Philipps-University Marburg, Department of Technology and Innovation Management (TIM).
    18. Lee, Gwendolyn K., 2009. "Understanding the timing of 'fast-second' entry and the relevance of capabilities in invention vs. commercialization," Research Policy, Elsevier, vol. 38(1), pages 86-95, February.
    19. Alberto Galasso & Hong Luo, 2021. "Risk-Mitigating Technologies: The Case of Radiation Diagnostic Devices," Management Science, INFORMS, vol. 67(5), pages 3022-3040, May.
    20. Cefis, Elena & Marsili, Orietta, 2012. "Going, going, gone. Exit forms and the innovative capabilities of firms," Research Policy, Elsevier, vol. 41(5), pages 795-807.

    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:92:y:2015:i:c:p:196-209. 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.