TY - JOUR
T1 - Impact analysis of biological technology
T2 - Application of network analysis and decision making trial and evaluation laboratory
AU - Yoon, Byungun
AU - Jeong, Seonkoo
PY - 2013/12
Y1 - 2013/12
N2 - Biotechnology is regarded as a critical technology with high potential for far-reaching social, economical, technological impacts. However, when potential economic impacts of biotechnology are estimated, amount of data is scare to analyze the impacts. Thus, this paper aims at estimating the degree of impacts of the biotechnology industry to investigate how the technology affects other industries with quantitative data and methodology. For this, patent data are utilized to analyze the impacts on other industries, employing the Decision Making Trial and Evaluation Laboratory method (DEMATEL) and network analysis. Consequently, the impacts of biotechnology are relatively high among 24 technology classifications and besides, the impacts have increased over time. The results of this paper can help policy-makers devise appropriate technology policies by recognizing the importance of biotechnology.
AB - Biotechnology is regarded as a critical technology with high potential for far-reaching social, economical, technological impacts. However, when potential economic impacts of biotechnology are estimated, amount of data is scare to analyze the impacts. Thus, this paper aims at estimating the degree of impacts of the biotechnology industry to investigate how the technology affects other industries with quantitative data and methodology. For this, patent data are utilized to analyze the impacts on other industries, employing the Decision Making Trial and Evaluation Laboratory method (DEMATEL) and network analysis. Consequently, the impacts of biotechnology are relatively high among 24 technology classifications and besides, the impacts have increased over time. The results of this paper can help policy-makers devise appropriate technology policies by recognizing the importance of biotechnology.
KW - Biotechnology
KW - DEMATEL
KW - Impact analysis
KW - Network analysis
KW - Policy-making
UR - http://www.scopus.com/inward/record.url?scp=84878554645&partnerID=8YFLogxK
U2 - 10.1166/asl.2013.5199
DO - 10.1166/asl.2013.5199
M3 - Article
AN - SCOPUS:84878554645
SN - 1936-6612
VL - 19
SP - 3610
EP - 3614
JO - Advanced Science Letters
JF - Advanced Science Letters
IS - 12
ER -