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Tracking innovation...
Tracking innovation diffusion : AI analysis of large-scale patent data towards an agenda for further research
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- Fredström, A. (author)
- Hanken School of Economics Biblioteksgatan 16, 65100 Vaasa, Finland
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- Wincent, J. (author)
- Hanken School of Economics Arkadiankatu 22, 00101 Helsinki, Finland. University of St. Gallen Dufourstrasse 50, 9000 St. Gallen, Switzerland
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- Sjödin, David, 1983- (author)
- Luleå tekniska universitet,Industriell Ekonomi
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- Oghazi, Pejvak, 1979- (author)
- Södertörns högskola,Företagsekonomi,Södertörn University 141 89 Huddinge, Sweden
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- Parida, Vinit, 1983- (author)
- Luleå tekniska universitet,Industriell Ekonomi,University of Vaasa, School of Management Wolffintie, 34 65200 Vaasa, Finland
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Hanken School of Economics Biblioteksgatan 16, 65100 Vaasa, Finland Hanken School of Economics Arkadiankatu 22, 00101 Helsinki, Finland University of St. Gallen Dufourstrasse 50, 9000 St. Gallen, Switzerland (creator_code:org_t)
- Elsevier, 2021
- 2021
- English.
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In: Technological forecasting & social change. - : Elsevier. - 0040-1625 .- 1873-5509. ; 165
- Related links:
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https://urn.kb.se/re...
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https://doi.org/10.1...
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Abstract
Subject headings
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- Recent advances in AI algorithms and computational power have led to opportunities for new methods and tools. Particularly when it comes to detecting the current status of inter-industry technologies, the new tools can be of great assistance. This is important because the research focus has been on how firms generate value through managing their business models. However, further attention needs to be given to the external technological opportunities that also contribute to value creation in firms. We applied unsupervised machine learning techniques, particularly DBSCAN, in an attempt to generate a macro-level technological map. Our results show that AI and machine learning tools can indeed be used for these purposes, and DBSCAN is a potential algorithm. Further research is needed to improve the maps and to use the generated data to study related phenomena including entrepreneurship.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Företagsekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Business Administration (hsv//eng)
- NATURVETENSKAP -- Data- och informationsvetenskap (hsv//swe)
- NATURAL SCIENCES -- Computer and Information Sciences (hsv//eng)
Keyword
- AI
- DBSCAN
- Innovation diffusion
- Tracking technology
- Unsupervised machine learning
- Business models
- Computational power
- Current status
- Research focus
- Technological opportunity
- Value creation
- Machine learning
- Entreprenörskap och innovation
Publication and Content Type
- ref (subject category)
- art (subject category)
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