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Tech Mining for Emerging STI Trends Through Dynamic Term Clustering and Semantic Analysis: The Case of Photonics

In: Anticipating Future Innovation Pathways Through Large Data Analysis

Author

Listed:
  • Pavel Bakhtin

    (Institute for Statistical Studies and Economics of Knowledge, National Research University Higher School of Economics)

  • Ozcan Saritas

    (Institute for Statistical Studies and Economics of Knowledge, National Research University Higher School of Economics)

Abstract

Tech mining (TM) helps to acquire intelligence about the evolution of research and development (R&D), technologies, products, and markets for various STI areas and what is likely to emerge in the future by identifying trends. The present chapter introduces a methodology for the identification of trends through a combination of “thematic clustering” based on the co-occurrence of terms, and “dynamic term clustering” based on the correlation of their dynamics across time. In this way, it is possible to identify and distinguish four patterns in the evolution of terms, which eventually lead to (i) weak signals of future trends, as well as (ii) emerging, (iii) maturing, and (iv) declining trends. Key trends identified are then further analyzed by looking at the semantic connections between terms identified through TM. This helps to understand the context and further features of the trend. The proposed approach is demonstrated in the field photonics as an emerging technology with a number of potential application areas.

Suggested Citation

  • Pavel Bakhtin & Ozcan Saritas, 2016. "Tech Mining for Emerging STI Trends Through Dynamic Term Clustering and Semantic Analysis: The Case of Photonics," Innovation, Technology, and Knowledge Management, in: Tugrul U. Daim & Denise Chiavetta & Alan L. Porter & Ozcan Saritas (ed.), Anticipating Future Innovation Pathways Through Large Data Analysis, chapter 0, pages 341-360, Springer.
  • Handle: RePEc:spr:innchp:978-3-319-39056-7_18
    DOI: 10.1007/978-3-319-39056-7_18
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    Citations

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    Cited by:

    1. Chi-Yo Huang & Liang-Chieh Wang & Ying-Ting Kuo & Wei-Ti Huang, 2021. "A Novel Analytic Framework of Technology Mining Using the Main Path Analysis and the Decision-Making Trial and Evaluation Laboratory-Based Analytic Network Process," Mathematics, MDPI, vol. 9(19), pages 1-24, October.
    2. Leonid Gokhberg & Ilya Kuzminov & Pavel Bakhtin & Elena Tochilina & Alexander Chulok & Anton Timofeev & Alina Lavrinenko, 2017. "Big-Data-Augmented Approach to Emerging Technologies Identification: Case of Agriculture and Food Sector," HSE Working papers WP BRP 76/STI/2017, National Research University Higher School of Economics.

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