Forecasting technology success based on patent data

Competitive Intelligence Analysis of Augmented Reality Technology Using Patent Information

“…Currently, many firms are actively applying for patents with economic value and their competing patents increasingly tend to converge with technologies in other fields; for these reasons, patent analysis studies have been used to forecast technology success [36], monitor emerging technologies [37] and identify the relationship between innovation-orientation and industry growth [38]. Therefore, our patent-based competitive intelligence would help technology planners monitor competition trends in augmented reality and understand the technology strategies of competing firms.…”

Gamification in Proprietary Innovation: Identifying a Technical Framework Based on Patent Data.

“…Hence, identifying new technology opportunities and monitoring its innovation patterns has become an essential part for organizational strategy and serves therewith as a driver for firm growth and success [49]. Logically, the decision to do a certain investment in a technology should be based on the right and meaningful sources [1], finally to prioritize R&D investment [31].…”

“…The investigation of such information does help to evaluate a technology's originality and its progressiveness [42]. Several methods for patent forecasting in various domains have been developed in recent years [see 1,46]. Yet, these analyses are complex and time-consuming for R&D managers [53] in times where processes become complex, innovation cycles shorten and demand is volatile [71].…”

Determination of Important Parameters for Patent Applications

“…Several algorithms have been thus far presented for analyzing patent performance [1, 2,3]. The investigation [4] proposed a patent portfolio-based approach for assessing potential research and development (R&D) partners that could consider the inter-partner resource fit in the assessment process.…”