Structuring technological information for technology roadmapping: Data mining approach

Byungun Yoon, Robert Phaal

Research output: Contribution to journalArticlepeer-review

33 Scopus citations

Abstract

Most research on technology roadmapping has focused on its practical applications and the development of methods to enhance its operational process. Thus, despite a demand for well-supported, systematic information, little attention has been paid to how/which information can be utilised in technology roadmapping. Therefore, this paper aims at proposing a methodology to structure technological information in order to facilitate the process. To this end, eight methods are suggested to provide useful information for technology roadmapping: summary, information extraction, clustering, mapping, navigation, linking, indicators and comparison. This research identifies the characteristics of significant data that can potentially be used in roadmapping, and presents an approach to extracting important information from such raw data through various data mining techniques including text mining, multi-dimensional scaling and K-means clustering. In addition, this paper explains how this approach can be applied in each step of roadmapping. The proposed approach is applied to develop a roadmap of radio-frequency identification (RFID) technology to illustrate the process practically.

Original languageEnglish
Pages (from-to)1119-1137
Number of pages19
JournalTechnology Analysis and Strategic Management
Volume25
Issue number9
DOIs
StatePublished - Oct 2013

Keywords

  • data mining
  • structuring
  • technological information
  • technology roadmapping

Fingerprint

Dive into the research topics of 'Structuring technological information for technology roadmapping: Data mining approach'. Together they form a unique fingerprint.

Cite this