LAPSE:2023.20605
Published Article
LAPSE:2023.20605
Technology Trend Forecasting and Technology Opportunity Discovery Based on Text Mining: The Case of Refrigerated Container Technology
Yansen Wang, Lijie Feng, Jinfeng Wang, Huadong Zhao, Peng Liu
March 20, 2023
Abstract
How to detect potential useful technical information hidden in patents and scientific papers is crucial for technology trend forecasting and potential research opportunities. Using the text mining method to extract hidden technical information is helpful in assisting strategic decision-making and predicting the tendency of technological development. This study proposes a framework to combine patent analysis and scientific paper analysis to predict technology trends and discover technology opportunities. By mining the hidden technical information, we compared an analysis of patents and scientific papers to reveal the technological development trajectory and future development trends and discover potential technological innovation opportunities. First, we extracted the knowledge contained in patents and scientific papers by text mining. Then, we cleaned and coded the data through natural language processing. We used the Latent Dirichlet Allocation topic model to cluster topics and list the multi-dimensional hierarchical structure diagram. We compared and analyzed results, combined them with expert knowledge, and drew a technology roadmap to predict future development trends and discover technological opportunities. Finally, we used refrigerated container technology as an example for validation. Results showed that the framework proposed in this study can directly and comprehensively display the development trend of technology and discover potential technological innovation opportunities to verify the effectiveness of the framework. The proposed method also provides an effective reference and inspiration for future research.
Keywords
refrigerated containers, technological innovation opportunity, technology roadmap, text mining
Subject
Suggested Citation
Wang Y, Feng L, Wang J, Zhao H, Liu P. Technology Trend Forecasting and Technology Opportunity Discovery Based on Text Mining: The Case of Refrigerated Container Technology. (2023). LAPSE:2023.20605
Author Affiliations
Wang Y: School of Mechanical and Power Engineering, Zhengzhou University, Zhengzhou 450001, China
Feng L: China Institute of FTZ Supply Chain, Shanghai Maritime University, Shanghai 201306, China; Henan Engineering Research Center of Innovation Method, Zhengzhou 450001, China
Wang J: China Institute of FTZ Supply Chain, Shanghai Maritime University, Shanghai 201306, China; Henan Engineering Research Center of Innovation Method, Zhengzhou 450001, China [ORCID]
Zhao H: School of Mechanical and Power Engineering, Zhengzhou University, Zhengzhou 450001, China
Liu P: Henan Engineering Research Center of Innovation Method, Zhengzhou 450001, China; School of Management Engineering, Zhengzhou University, Zhengzhou 450001, China
Journal Name
Processes
Volume
10
Issue
3
First Page
551
Year
2022
Publication Date
2022-03-11
ISSN
2227-9717
Version Comments
Original Submission
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PII: pr10030551, Publication Type: Journal Article
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LAPSE:2023.20605
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https://doi.org/10.3390/pr10030551
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Mar 20, 2023
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CC BY 4.0
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Mar 20, 2023
 
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