An exploratory study on the development path of converging technologies using patent analysis: the case of nano biosensorsby Young-Bok You, Byung-Keun Kim, Eui-Seob Jeong

Asian Journal of Technology Innovation

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Year
2014
DOI
10.1080/19761597.2014.912602
Subject
Economics and Econometrics / Management of Technology and Innovation

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Asian Journal of Technology Innovation

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An exploratory study on the development path of converging technologies using patent analysis: the case of nano biosensors

Young-Bok Youab, Byung-Keun Kimb & Eui-Seob Jeonga a Korea Institute of Science and Technology Information,

Information Analysis Center, 245 Daehak-ro, Yuseong-gu, Daejeon 305-806, Republic of Korea b Graduate School, Department of Technology and Innovation

Management, Korea University of Technology and Education, 415

Budaedong, Seobookgu, Cheonan, Chungnam 330-240, Republic of

Korea

Published online: 27 May 2014.

To cite this article: Young-Bok You, Byung-Keun Kim & Eui-Seob Jeong (2014) An exploratory study on the development path of converging technologies using patent analysis: the case of nano biosensors, Asian Journal of Technology Innovation, 22:1, 100-113, DOI: 10.1080/19761597.2014.912602

To link to this article: http://dx.doi.org/10.1080/19761597.2014.912602

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An exploratory study on the development path of converging technologies using patent analysis: the case of nano biosensors

Young-Bok Youa,b, Byung-Keun Kimb∗ and Eui-Seob Jeonga aKorea Institute of Science and Technology Information, Information Analysis Center, 245 Daehak-ro,

Yuseong-gu, Daejeon 305-806, Republic of Korea bGraduate School, Department of Technology and Innovation Management, Korea University of Technology and Education, 415 Budaedong, Seobookgu, Cheonan, Chungnam 330-240, Republic of Korea

The recent technological convergence of distinctive technological fields represents a major source of technological innovation. More researchers have conducted ongoing technology convergence analysis to create successful breakthrough technology and solve technical problems. Many studies have uncovered technology convergence by developing convergence indices that measure diversity and the bonding strength of technology using

Co-International Patent Classification (Co-IPC) classification and citation patent classification. However, most studies have focused on diversity and the closeness of technologies. This paper provides a microscopic analysis of market influence and bonding between individual technologies. We also uncover the development paths of technology convergence and the individual technology level. A novel patent analysis method is presented to trace the technological and market aspects of the evolution of technology convergence. A convergence index measures the size of technology convergence using CoIPC, while the market index (MI) measures the global market entrance using the patent family data. The development paths of technology convergence for nano biosensors are analysed along with the individual technology level. Empirical results show a different technological and market development for 21 industrial technology fields of technology convergence for nano biosensors. Development of technology convergence is more sensitive to market factors than to technological ones. The development paths of sub industrial and technological fields are analysed. Technology convergence in machinery or electronics technologies shows a growing trend in MIs over time. Technology convergence in the measurement-machinery sector is expected to have a high future development potential.

Keywords: technology convergence, patent analysis, Co-IPC classification, patent family, nano biosensor 1. Introduction

Technology convergence is a phenomenon where technological innovation is produced as a solution to technical problems faced simultaneously by multiple industries (Sung, Kim, and Kong 2010). It is not an integration of technical knowledge but rather an essential process to develop highly practical technology. It is critical to many countries because of the enormous amount of value-added benefit using converging technology.

Patents have the advantage of providing rich information for knowledge diffusion studies and technological innovation because patent information is evaluated as the most important and # 2014 Korean Society for Innovation Management and Economics (KOSIME) ∗Corresponding author. Email: b.kim@koreatech.ac.kr

Asian Journal of Technology Innovation, 2014

Vol. 22, No. 1, 100–113, http://dx.doi.org/10.1080/19761597.2014.912602