IDEAS home Printed from https://ideas.repec.org/a/eee/tefoso/v130y2018icp150-164.html
   My bibliography  Save this article

Medical big data applications: Intertwined effects and effective resource allocation strategies identified through IRA-NRM analysis

Author

Listed:
  • Chen, Peng-Ting

Abstract

The development of information and communication technology has led to the rapid growth of medical data encountered by various players in healthcare industry. This evolution from a paper-based database to electronic records demonstrates the continuous advancement of medical information systems. Medical institutions are paying more attention to this issue and attempting to figure out the applications of big data. However, most of them have struggled to find pathways to apply big data adequately. Using hybrid methodologies and examining Taiwan's healthcare industry, this research aims to assess, forecast and summarize the major applications of medical big data, and establish strategic pathways for medical institutions to follow regarding different dimensions of applications. First, a review of literature related to the utility of medical big data and interviews with relevant stakeholders were conducted. Content analysis was subsequently done to extract the key applications, and DEMATEL was used to find out their Net Relation Map (NRM). With the Innovation Importance-Resistance Analysis (IRA), this study carried out IRA-NRM analysis to cultivate the strategy of medical big data development. This research concluded a IRA-NRM framework of 4 application categories and 16 factors. Suggestions for medical institutions regarding the use of medical big data are also provided.

Suggested Citation

  • Chen, Peng-Ting, 2018. "Medical big data applications: Intertwined effects and effective resource allocation strategies identified through IRA-NRM analysis," Technological Forecasting and Social Change, Elsevier, vol. 130(C), pages 150-164.
  • Handle: RePEc:eee:tefoso:v:130:y:2018:i:c:p:150-164
    DOI: 10.1016/j.techfore.2018.01.033
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0040162518301550
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.techfore.2018.01.033?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Thijssen, Jacco J.J. & Bregantini, Daniele, 2017. "Costly sequential experimentation and project valuation with an application to health technology assessment," Journal of Economic Dynamics and Control, Elsevier, vol. 77(C), pages 202-229.
    2. Behkami, Nima A. & U. Daim, Tugrul, 2012. "Research Forecasting for Health Information Technology (HIT), using technology intelligence," Technological Forecasting and Social Change, Elsevier, vol. 79(3), pages 498-508.
    3. Meltzer, David O. & Smith, Peter C., 2011. "Theoretical Issues Relevant to the Economic Evaluation of Health Technologies," Handbook of Health Economics, in: Mark V. Pauly & Thomas G. Mcguire & Pedro P. Barros (ed.), Handbook of Health Economics, volume 2, chapter 0, pages 433-469, Elsevier.
    4. Cheng, Yu & Huang, Lucheng & Ramlogan, Ronnie & Li, Xin, 2017. "Forecasting of potential impacts of disruptive technology in promising technological areas: Elaborating the SIRS epidemic model in RFID technology," Technological Forecasting and Social Change, Elsevier, vol. 117(C), pages 170-183.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wei-Chih Lu & I-Ching Tsai & Kuan-Chung Wang & Te-Ai Tang & Kuan-Chen Li & Ya-Ci Ke & Peng-Ting Chen, 2021. "Innovation Resistance and Resource Allocation Strategy of Medical Information Digitalization," Sustainability, MDPI, vol. 13(14), pages 1-20, July.
    2. Jiansheng Wu & Tengyun Yi & Han Wang & Hongliang Wang & Jiayi Fu & Yuhao Zhao, 2022. "Evaluation of Medical Carrying Capacity for Megacities from a Traffic Analysis Zone View: A Case Study in Shenzhen, China," Land, MDPI, vol. 11(6), pages 1-19, June.
    3. Tortorella, Guilherme Luz & Saurin, Tarcísio Abreu & Fogliatto, Flavio S. & Rosa, Valentina M. & Tonetto, Leandro M & Magrabi, Farah, 2021. "Impacts of Healthcare 4.0 digital technologies on the resilience of hospitals," Technological Forecasting and Social Change, Elsevier, vol. 166(C).
    4. Acciarini, Chiara & Cappa, Francesco & Boccardelli, Paolo & Oriani, Raffaele, 2023. "How can organizations leverage big data to innovate their business models? A systematic literature review," Technovation, Elsevier, vol. 123(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zhang, Hao & Daim, Tugrul & Zhang, Yunqiu (Peggy), 2021. "Integrating patent analysis into technology roadmapping: A latent dirichlet allocation based technology assessment and roadmapping in the field of Blockchain," Technological Forecasting and Social Change, Elsevier, vol. 167(C).
    2. Debora Bettiga & Lucio Lamberti & Emanuele Lettieri, 2020. "Individuals’ adoption of smart technologies for preventive health care: a structural equation modeling approach," Health Care Management Science, Springer, vol. 23(2), pages 203-214, June.
    3. Gastaldi, Luca & Pietrosi, Astrid & Lessanibahri, Sina & Paparella, Marco & Scaccianoce, Antonio & Provenzale, Giuseppe & Corso, Mariano & Gridelli, Bruno, 2018. "Measuring the maturity of business intelligence in healthcare: Supporting the development of a roadmap toward precision medicine within ISMETT hospital," Technological Forecasting and Social Change, Elsevier, vol. 128(C), pages 84-103.
    4. Boone, J., 2014. "Basic versus Supplementary Health Insurance : The Role of Cost Effectiveness and Prevalence," Other publications TiSEM be4cbf5b-f13b-460a-a9cc-1, Tilburg University, School of Economics and Management.
    5. Lisa A. Prosser & Kara Lamarand & Acham Gebremariam & Eve Wittenberg, 2015. "Measuring Family HRQoL Spillover Effects Using Direct Health Utility Assessment," Medical Decision Making, , vol. 35(1), pages 81-93, January.
    6. Delaney, Laura, 2022. "The impact of operational delay on irreversible investment under Knightian uncertainty," Economics Letters, Elsevier, vol. 215(C).
    7. Sebastian Sund & Lars H. Sendstad & Jacco J. J. Thijssen, 2022. "Kalman filter approach to real options with active learning," Computational Management Science, Springer, vol. 19(3), pages 457-490, July.
    8. Berg, S. & Wustmans, M. & Bröring, S., 2019. "Identifying first signals of emerging dominance in a technological innovation system: A novel approach based on patents," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 706-722.
    9. Huberts, Nick F.D. & Thijssen, Jacco J.J., 2023. "Optimal timing of non-pharmaceutical interventions during an epidemic," European Journal of Operational Research, Elsevier, vol. 305(3), pages 1366-1389.
    10. Boone, Jan, 2013. "Does the market choose optimal health insurance coverage?," CEPR Discussion Papers 9420, C.E.P.R. Discussion Papers.
    11. Itamar Megiddo & Dusan Drabik & Tim Bedford & Alec Morton & Justus Wesseler & Ramanan Laxminarayan, 2019. "Investing in antibiotics to alleviate future catastrophic outcomes: What is the value of having an effective antibiotic to mitigate pandemic influenza?," Health Economics, John Wiley & Sons, Ltd., vol. 28(4), pages 556-571, April.
    12. Boone, J., 2013. "Does the Market Choose Optimal Health Insurance Coverage," Other publications TiSEM f7691fbf-f770-4714-b1b4-1, Tilburg University, School of Economics and Management.
    13. Sajad Ashouri & Anne-Laure Mention & Kosmas X. Smyrnios, 2021. "Anticipation and analysis of industry convergence using patent-level indicators," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(7), pages 5727-5758, July.
    14. Martin Forster & Paolo Pertile, 2013. "Optimal decision rules for HTA under uncertainty: a wider, dynamic perspective," Health Economics, John Wiley & Sons, Ltd., vol. 22(12), pages 1507-1514, December.
    15. Lakdawalla, Darius N. & Phelps, Charles E., 2020. "Health technology assessment with risk aversion in health," Journal of Health Economics, Elsevier, vol. 72(C).
    16. Boone, J., 2014. "Basic versus Supplementary Health Insurance : The Role of Cost Effectiveness and Prevalence," Discussion Paper 2014-065, Tilburg University, Center for Economic Research.
    17. Sommarberg, Matti & Mäkinen, Saku J., 2019. "A method for anticipating the disruptive nature of digitalization in the machine-building industry," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 808-819.
    18. Metallo, Concetta & Agrifoglio, Rocco & Schiavone, Francesco & Mueller, Jens, 2018. "Understanding business model in the Internet of Things industry," Technological Forecasting and Social Change, Elsevier, vol. 136(C), pages 298-306.
    19. Gaies, Brahim & Nakhli, Mohamed Sahbi & Sahut, Jean Michel & Guesmi, Khaled, 2021. "Is Bitcoin rooted in confidence? – Unraveling the determinants of globalized digital currencies," Technological Forecasting and Social Change, Elsevier, vol. 172(C).
    20. Dukhanin, Vadim & Searle, Alexandra & Zwerling, Alice & Dowdy, David W. & Taylor, Holly A. & Merritt, Maria W., 2018. "Integrating social justice concerns into economic evaluation for healthcare and public health: A systematic review," Social Science & Medicine, Elsevier, vol. 198(C), pages 27-35.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:tefoso:v:130:y:2018:i:c:p:150-164. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.sciencedirect.com/science/journal/00401625 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.