IDEAS home Printed from https://ideas.repec.org/a/eee/tefoso/v102y2016icp132-142.html
   My bibliography  Save this article

Emerging technologies—beyond the chasm: Assessing technological forecasting and its implication for innovation management in Korea

Author

Listed:
  • An, Hyoung Joon
  • Ahn, Sang-Jin

Abstract

Technology forecasting is inevitable in modern society; however, few studies have assessed it under an innovation management framework. By employing the Innovation Readiness Level, we have assessed the innovation performance of the 10 Emerging Future Technologies reported in 2009. The data-mining process, including a patent analysis and survey results, validates the following hypotheses. 1) Technological innovation activities involving the 10 Emerging Future Technologies have increased after their announcement. 2) A chasm exists in the commercialization process of the 10 Emerging Future Technologies. 3) Interaction between innovation practitioners is correlated with overcoming the chasm. 4) Government support is useful for groups having difficulties in overcoming the chasm. Those foundations stress the roles of technological forecasting when entrepreneur assumes the risk associated with uncertainty in commercializing emerging technologies.

Suggested Citation

  • An, Hyoung Joon & Ahn, Sang-Jin, 2016. "Emerging technologies—beyond the chasm: Assessing technological forecasting and its implication for innovation management in Korea," Technological Forecasting and Social Change, Elsevier, vol. 102(C), pages 132-142.
    • Handle: RePEc:eee:tefoso:v:102:y:2016:i:c:p:132-142
    DOI: 10.1016/j.techfore.2015.06.015
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0040162515001821
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.techfore.2015.06.015?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. Etzkowitz, Henry & Leydesdorff, Loet, 2000. "The dynamics of innovation: from National Systems and "Mode 2" to a Triple Helix of university-industry-government relations," Research Policy, Elsevier, vol. 29(2), pages 109-123, February.
    2. Albert N. Link & John T. Scott, 2013. "Governments as entrepreneur: Evaluating the commercialization success of SBIR projects," Chapters, in: Public Support of Innovation in Entrepreneurial Firms, chapter 2, pages 25-38, Edward Elgar Publishing.
    3. Barabási, A.L & Jeong, H & Néda, Z & Ravasz, E & Schubert, A & Vicsek, T, 2002. "Evolution of the social network of scientific collaborations," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 311(3), pages 590-614.
    4. Leydesdorff, Loet & Meyer, Martin, 2006. "Triple Helix indicators of knowledge-based innovation systems: Introduction to the special issue," Research Policy, Elsevier, vol. 35(10), pages 1441-1449, December.
    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. Munan Li & Alan L. Porter, 2018. "Facilitating the discovery of relevant studies on risk analysis for three-dimensional printing based on an integrated framework," Scientometrics, Springer;Akadémiai Kiadó, vol. 114(1), pages 277-300, January.
    2. Ahn, Sang-Jin & Yi, Seung-Kyu, 2021. "Methodological framework for analyzing peace engineering: Focusing on Kaesong Industrial Complex and North Korean innovators in South Korea," Technological Forecasting and Social Change, Elsevier, vol. 163(C).
    3. Ahn, Sang-Jin & Yoon, Ho Young & Lee, Young-Joo, 2021. "Text mining as a tool for real-time technology assessment: Application to the cross-national comparative study on artificial organ technology," Technology in Society, Elsevier, vol. 66(C).
    4. Serkan Altuntas & Zulfiye Erdogan & Turkay Dereli, 2020. "A clustering-based approach for the evaluation of candidate emerging technologies," Scientometrics, Springer;Akadémiai Kiadó, vol. 124(2), pages 1157-1177, August.
    5. Xie, Kefan & Song, Yu & Zhang, Weiyong & Hao, Jiahui & Liu, Zimei & Chen, Yun, 2018. "Technological entrepreneurship in science parks: A case study of Wuhan Donghu High-Tech Zone," Technological Forecasting and Social Change, Elsevier, vol. 135(C), pages 156-168.
    6. Jugend, Daniel & Fiorini, Paula De Camargo & Armellini, Fabiano & Ferrari, Aline Gabriela, 2020. "Public support for innovation: A systematic review of the literature and implications for open innovation," Technological Forecasting and Social Change, Elsevier, vol. 156(C).
    7. Pouria Goldasteh & Morteza Akbari & Afsaneh Bagheri & Ali Mobini, 2022. "How high-tech start-ups learn to cross the market chasm?," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 12(1), pages 157-173, December.
    8. Xi, Xi & Ren, Feifei & Yu, Lean & Yang, Jing, 2023. "Detecting the technology's evolutionary pathway using HiDS-trait-driven tech mining strategy," Technological Forecasting and Social Change, Elsevier, vol. 195(C).
    9. M-Chukri Idris & Alptekin Durmuşoğlu, 2021. "Innovation Management Systems and Standards: A Systematic Literature Review and Guidance for Future Research," Sustainability, MDPI, vol. 13(15), pages 1-31, July.
    10. Seonkoo Jeong & Yujin Jeong & Keeeun Lee & Sungjoo Lee & Byungun Yoon, 2016. "Technology-Based New Service Idea Generation for Smart Spaces: Application of 5G Mobile Communication Technology," Sustainability, MDPI, vol. 8(11), pages 1-25, November.
    11. Haessler, Philipp & Giones, Ferran & Brem, Alexander, 2023. "The who and how of commercializing emerging technologies: A technology-focused review," Technovation, Elsevier, vol. 121(C).
    12. Del Giudice, M. & Scuotto, V. & Garcia-Perez, A. & Messeni Petruzzelli, A., 2019. "Shifting Wealth II in Chinese economy. The effect of the horizontal technology spillover for SMEs for international growth," Technological Forecasting and Social Change, Elsevier, vol. 145(C), pages 307-316.
    13. Ahn, Sang-Jin, 2020. "Three characteristics of technology competition by IoT-driven digitization," Technological Forecasting and Social Change, Elsevier, vol. 157(C).
    14. Ghaffari, Mohsen & Aliahmadi, Alireza & Khalkhali, Abolfazl & Zakery, Amir & Daim, Tugrul U. & Yalcin, Haydar, 2023. "Topic-based technology mapping using patent data analysis: A case study of vehicle tires," Technological Forecasting and Social Change, Elsevier, vol. 193(C).
    15. Funk, Patrick & Davis, Alex & Vaishnav, Parth & Dewitt, Barry & Fuchs, Erica, 2020. "Individual inconsistency and aggregate rationality: Overcoming inconsistencies in expert judgment at the technical frontier," Technological Forecasting and Social Change, Elsevier, vol. 155(C).
    16. Mariani, Marcello M. & Machado, Isa & Magrelli, Vittoria & Dwivedi, Yogesh K., 2023. "Artificial intelligence in innovation research: A systematic review, conceptual framework, and future research directions," Technovation, Elsevier, vol. 122(C).
    17. Hauke Simon & Jens Leker, 2016. "Using Startup Communication For Opportunity Recognition — An Approach To Identify Future Product Trends," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 20(08), pages 1-22, December.
    18. Nam, Hyun-Jung & An, Yohan, 2017. "Patent, R&D and internationalization for Korean healthcare industry," Technological Forecasting and Social Change, Elsevier, vol. 117(C), pages 131-137.
    19. Shan, Siqing & Jia, Yingwei & Zheng, Xianrong & Xu, Xiaobo, 2018. "Assessing relationship and contribution of China's technological entrepreneurship to socio-economic development," Technological Forecasting and Social Change, Elsevier, vol. 135(C), pages 83-90.
    20. Kalyuzhnova, Yelena & Azhgaliyeva, Dina & Belitski, Maksim, 2022. "Public Policy Instruments for Procurement: An Empirical Analysis," Technological Forecasting and Social Change, Elsevier, vol. 176(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. Klenk, Nicole L. & Hickey, Gordon M., 2013. "How can formal research networks produce more socially robust forest science?," Forest Policy and Economics, Elsevier, vol. 37(C), pages 44-56.
    2. Duk Hee Lee & Il Won Seo & Ho Chull Choe & Hee Dae Kim, 2012. "Collaboration network patterns and research performance: the case of Korean public research institutions," Scientometrics, Springer;Akadémiai Kiadó, vol. 91(3), pages 925-942, June.
    3. Rodríguez-Navarro, Alonso & Brito, Ricardo, 2018. "Technological research in the EU is less efficient than the world average. EU research policy risks Europeans’ future," Journal of Informetrics, Elsevier, vol. 12(3), pages 718-731.
    4. Li, Yin & Arora, Sanjay & Youtie, Jan & Shapira, Philip, 2018. "Using web mining to explore Triple Helix influences on growth in small and mid-size firms," Technovation, Elsevier, vol. 76, pages 3-14.
    5. Reza Naghizadeh & Shaban Elahi & Manoochehr Manteghi & Sepehr Ghazinoory & Marina Ranga, 2015. "Through the magnifying glass: an analysis of regional innovation models based on co-word and meta-synthesis methods," Quality & Quantity: International Journal of Methodology, Springer, vol. 49(6), pages 2481-2505, November.
    6. Yutao Sun & Seamus Grimes, 2016. "The emerging dynamic structure of national innovation studies: a bibliometric analysis," Scientometrics, Springer;Akadémiai Kiadó, vol. 106(1), pages 17-40, January.
    7. Noriko Yoda & Kenichi Kuwashima, 2020. "Triple Helix of University–Industry–Government Relations in Japan: Transitions of Collaborations and Interactions," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(3), pages 1120-1144, September.
    8. Jiaofeng Pan & Jianxin Guo, 2022. "Innovative Collaboration and Acceleration: an Integrated Framework Based on Knowledge Transfer and Triple Helix," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(4), pages 3223-3247, December.
    9. Øivind Strand & Inga Ivanova & Loet Leydesdorff, 2017. "Decomposing the Triple-Helix synergy into the regional innovation systems of Norway: firm data and patent networks," Quality & Quantity: International Journal of Methodology, Springer, vol. 51(3), pages 963-988, May.
    10. Arranz, Nieves & Arroyabe, Marta F. & Schumann, Martin, 2020. "The role of NPOs and international actors in the national innovation system: A network-based approach," Technological Forecasting and Social Change, Elsevier, vol. 159(C).
    11. Bar-Ilan, Judit, 2008. "Informetrics at the beginning of the 21st century—A review," Journal of Informetrics, Elsevier, vol. 2(1), pages 1-52.
    12. Strand, Øivind & Leydesdorff, Loet, 2013. "Where is synergy indicated in the Norwegian innovation system? Triple-Helix relations among technology, organization, and geography," Technological Forecasting and Social Change, Elsevier, vol. 80(3), pages 471-484.
    13. Loet Leydesdorff & Martin Meyer, 2007. "The scientometrics of a Triple Helix of university-industry-government relations (Introduction to the topical issue)," Scientometrics, Springer;Akadémiai Kiadó, vol. 70(2), pages 207-222, February.
    14. Martin Meyer & Kevin Grant & Piera Morlacchi & Dagmara Weckowska, 2014. "Triple Helix indicators as an emergent area of enquiry: a bibliometric perspective," Scientometrics, Springer;Akadémiai Kiadó, vol. 99(1), pages 151-174, April.
    15. Swapan Kumar Patra & Mammo Muchie, 2018. "Research and innovation in South African universities: from the triple helix’s perspective," Scientometrics, Springer;Akadémiai Kiadó, vol. 116(1), pages 51-76, July.
    16. Laurens K. Hessels & Harro van Lente, 2008. "Re-thinking knowledge production: a literature review and a research agenda," Innovation Studies Utrecht (ISU) working paper series 08-03, Utrecht University, Department of Innovation Studies, revised Feb 2008.
    17. Gutiérrez Ortega, Armando & Mungaray Lagarda, Alejandro & Osorio Novela, Germán, 2022. "Midiendo la incertidumbre en sistemas de innovación de Triple Hélice [Measuring uncertainty in Triple Helix innovation systems]," Revista de Métodos Cuantitativos para la Economía y la Empresa = Journal of Quantitative Methods for Economics and Business Administration, Universidad Pablo de Olavide, Department of Quantitative Methods for Economics and Business Administration, vol. 33(1), pages 310-325, June.
    18. Brökel, Heike & Broekel, Tom, 2023. "Collaboration and SDG-related research at the University of Stavanger," MPRA Paper 120005, University Library of Munich, Germany.
    19. Antonelli Cristiano & Gehringer Agnieszka, 2013. "Demand pull and technological flows within innovation systems: the intra-European evidence," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201303, University of Turin.
    20. Alejandro Barragán-Ocaña & Gerardo Reyes-Ruiz & Samuel Olmos-Peña & Hortensia Gómez-Viquez, 2020. "Approach to the identification of an alternative technological innovation index," Scientometrics, Springer;Akadémiai Kiadó, vol. 122(1), pages 23-45, January.

    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:102:y:2016:i:c:p:132-142. 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.