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A Patent Mining Approach for Technological opportunity Analysis in the Telehealth Industry

Author

Listed:
  • Juite Wang

    (Graduate Institute of Technology Management, National Chung Hsing University)

  • Chun-Hao Huang

    (Graduate Institute of Technology Management, National Chung Hsing University)

Abstract

Early identification of emerging technological opportunities is crucial for companies to formulate technology strategies that can provide a core competitive advantage over competitors in the future. This research develops a dynamic patent citation analysis methodology based on the theory of social network evolution to analyze patent documents for technological opportunity discovery in the telehealth industry. We found several technological opportunities, including healthcare administration, vital sign detection methods, transaction-based healthcare network management, movement disorder therapeutic system, health related services for IOT devices, alarm management for vital signs, and teleconference among medical practitioners. The research findings are useful for telehealth firms to understand the technological trend and explore potential technological opportunities, while formulating technology strategies to provide a core competitive advantage over competitors in the future.

Suggested Citation

  • Juite Wang & Chun-Hao Huang, 2018. "A Patent Mining Approach for Technological opportunity Analysis in the Telehealth Industry," Proceedings of International Academic Conferences 7708864, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:7708864
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    File URL: https://iises.net/proceedings/37th-international-academic-conference-budapest/table-of-content/detail?cid=77&iid=020&rid=8864
    File Function: First version, 2018
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    More about this item

    Keywords

    Patent mining; technology opportunity analysis; technology strategy; telehealth.;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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