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Patent-Based Technology Life Cycle Analysis: The Case of the Petroleum Industry

Author

Listed:
  • Mohammad Dehghani Madvar

    (University of Tehran (Iran))

  • Hossein Khosropour

    (Young Researchers and Elite Ñlub, Central Tehran Branch Islamic Azad University (Iran))

  • Abdollah Khosravanian

    (Sharif University of Technology (Iran))

  • Maryam Mirafshar

    (Allameh Tabatabai University (Iran))

  • Morteza Rezapour

    (Research Institute of Petroleum Industry (Iran))

  • Behrouz Nouri

    (Research Institute of Petroleum Industry (Iran))

Abstract

Making decisions to determine the current stage of technology life cycle (TLC) based on reliable data, is necessary. The inherent links between patents and science and technology make them essential sources for data on any technology. In the light of this, and considering the importance of patent information for the firm’s strategic decisions, we have attempted to use patent data as a source of information to identify the level of a technology in the S-Curve. This paper starts with the literature review of the life cycle and the role of patents at the various stages of technology development, and then focuses on a technology trend analysis framework using patent data, and discusses the life cycle of CO2 injection technology in the upstream sector of worldwide oil and gas industry. In the final section, the results are presented based on the analysis of the patent data on CO2 injection technology as were recommendations concerning the application of the methodology in future studies as it might be an effective tool for better analyzing any desired technology.

Suggested Citation

  • Mohammad Dehghani Madvar & Hossein Khosropour & Abdollah Khosravanian & Maryam Mirafshar & Morteza Rezapour & Behrouz Nouri, 2016. "Patent-Based Technology Life Cycle Analysis: The Case of the Petroleum Industry," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 10(4), pages 72-79.
    • Handle: RePEc:hig:fsight:v:10:y:2016:i:4:p:72-79
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    References listed on IDEAS

    as
    1. Gao, Lidan & Porter, Alan L. & Wang, Jing & Fang, Shu & Zhang, Xian & Ma, Tingting & Wang, Wenping & Huang, Lu, 2013. "Technology life cycle analysis method based on patent documents," Technological Forecasting and Social Change, Elsevier, vol. 80(3), pages 398-407.
    2. Dou, Henri Jean-Marie, 2004. "Benchmarking R&D and companies through patent analysis using free databases and special software: a tool to improve innovative thinking," World Patent Information, Elsevier, vol. 26(4), pages 297-309, December.
    3. Basberg, Bjorn L., 1987. "Patents and the measurement of technological change: A survey of the literature," Research Policy, Elsevier, vol. 16(2-4), pages 131-141, August.
    4. Ernst, Holger, 2003. "Patent information for strategic technology management," World Patent Information, Elsevier, vol. 25(3), pages 233-242, September.
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    Cited by:

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    2. Luigi Aldieri & Maxim Kotsemir & Concetto Paolo Vinci, 2020. "The role of environmental innovation through the technological proximity in the implementation of the sustainable development," Business Strategy and the Environment, Wiley Blackwell, vol. 29(2), pages 493-502, February.
    3. André Souza Oliveira & Bruno Caetano dos Santos Silva & Cristiano Vasconcellos Ferreira & Renelson Ribeiro Sampaio & Bruna Aparecida Souza Machado & Rodrigo Santiago Coelho, 2021. "Adding Technology Sustainability Evaluation to Product Development: A Proposed Methodology and an Assessment Model," Sustainability, MDPI, vol. 13(4), pages 1-22, February.
    4. Mohammad Hossein Ahmadi & Mohammad Dehghani Madvar & Milad Sadeghzadeh & Mohammad Hossein Rezaei & Manuel Herrera & Shahaboddin Shamshirband, 2019. "Current Status Investigation and Predicting Carbon Dioxide Emission in Latin American Countries by Connectionist Models," Energies, MDPI, vol. 12(10), pages 1-20, May.

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    More about this item

    Keywords

    technology life cycle; S-curve; patent analysis; CO2 injection;
    All these keywords.

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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