Analyzing technological convergence trends in a business ecosystem

Abstract

Purpose – The purpose of this paper is to provide a framework for understanding core technological competencies and identifying the trends on the technological convergence of a business ecosystem using the patent information of leading firms in the system. Design/methodology/approach – The proposed framework is composed of two steps: time-sequential text clustering analysis for comprehending changes in general technological fields and association rule analysis for identifying the trends of convergences in each field. The authors applied the proposed framework to the patents applied to United States Patent Trademark Office by Samsung Electronics, a market leader of the electronics industry, during the period from 2000 to 2011. Findings – In the sequential text clustering analysis, trends of 14 technological fields such as data storage medium and data processing, mobile, lights and heats and memory are identified. Moreover, changes of technological convergence in each field are identified using association rule analysis. For instance, in the case of technologies related to lights and heats, convergences occurred between radio transmission systems and modulated-carrier systems during the period from 2000 to 2001. However, recent convergences appeared between technologies regarding controlling lights and liquid crystal materials since 2008. Originality/value – Utilization of the framework will suggest new business opportunities to SMEs in a business ecosystem by identifying the trends of technological convergences.

Rapid detection of fast innovation under the pressure of COVID-19

“…The detection of technological convergence has been approached with studies that use scientific articles, patent data or a combination of the two [42][43][44][45][46][47]. Other studies have access to microdata on inter-firm collaboration and examine the structure of networks [48] or use interviews [49].…”

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“…First, we review the relevant literature. Then, we describe the explorative approach used to study the strategic activities of technology startups (Franco & Haase, 2013;Rong et al, 2015;Suh & Sohn, 2015). Finally, we describe the results on how technology startups are forming business ecosystem strategies and discuss the implications and limitations.…”

“…Indeed, business ecosystem leaders, by dominating technological solutions, have a strong influence on the logic of the whole ecosystem. However, technology startups, who lack both resources and power, may play other important roles than business ecosystem leaders (Brink, Technology startups analyze the technological convergence trends of leading firms (Suh & Sohn, 2015) and find a role as a niche player, a complementor, or a challenger for the leaders (Iansiti & Levien, 2004). However, the story is not so simple; there is something missing in our understanding of the strategic behaviour of technology startups (Franco & Haase, 2013;Sadler-Smith et al, 2001).…”

The Strategies of Technology Startups Within and Between Business Ecosystems

“…Indeed, business ecosystem leaders, by dominating technological solutions, have a strong influence on the logic of the whole ecosystem. However, technology startups, who lack both resources and power, may play other important roles than business ecosystem leaders (Brink, 2017;Carree & Thurik, 2010;Findikoglu & Watson-Manheim, 2015;Kapoor, 2014;Muegge, 2013;Overholm, 2014;Smith & Fleck, 1987;Suh & Sohn, 2015).…”

“…Technology startups analyze the technological convergence trends of leading firms (Suh & Sohn, 2015) and find a role as a niche player, a complementor, or a challenger for the leaders (Iansiti & Levien, 2004). However, the story is not so simple; there is something missing in our understanding of the strategic behaviour of technology startups (Franco & Haase, 2013;Sadler-Smith et al, 2001).…”