Identifying Potential Technology Themes Based on Internal Capabilities Using Topic Modeling and Association Rule Mining

Jusung Kim, Woon-Seek Lee, Sungchul Choi, Wonchul Seo
2016 Innovative Computing Information and Control Express Letters, Part B: Applications  
Recently, due to global technology competition, the new technology opportunities discovering in rapidly changing market environment is an essential element in the enterprise. Because these efforts become the basis for the sustainable growth of firms, a number of studies have attempted to suggest systematic methods to discover new technological opportunities. However, these methods have not considered the possibility of realization or only discovered technical opportunities such as the entry of
more » ... large set of patent classification codes. Therefore, this paper proposes a method for analyzing internal capabilities in detail and recommending feasible technology opportunities in terms of technology themes which are more specific than general technology classes by utilizing ARM and topic modeling technique. The results of this paper will contribute to saving time, effort and money in the decision-making process of the company's business expansion or changing business area by recommending potential and feasible technology themes.
doi:10.24507/icicelb.07.10.2267 fatcat:dcgzlrnrx5dphlzoioyaxnyqga