Analyzing the technological environment with Compared Cross Impact
ApplicationThe current technological landscape (from point of view of a company) contains information about technological know-how of a company and about technological know-how of company's competitors. The landscape also considers relationships that occur between technologies. Based on the landscape and on landscape's change over time, relative strengths and relative weaknesses of the company's technological activities can be shown. This supports technological planning of the company.
Problem: The creation of a technological landscape and the monitoring of the changes over time is time and cost consuming especially for companies dealing with many different technologies.
Solution: The Compared Cross Impact approach supports the creation of the technological landscape for a company and it supports monitoring of landscape's changes over time. Text mining and text classification approaches are used to discover relationships between technologies. Technological know-how of company's competitors is received by patent data and by an internet scanning procedure. Thus, this approach shows relative strengths and relative weaknesses of the company's technological know how and it enables to advance technological planning of the company.
Approaches and case studies are published in
Thorleuchter, D., Van den Poel, D., Prinzie, A.: A compared R&D-based and patent-based cross impact analysis for identifying relationships between technologies. Technological Forecasting and Social Change 77 (7), 2010, 1037-1050.
Thorleuchter, D., Van den Poel, D.: Quantitative cross impact analysis with latent semantic indexing. Expert Systems with Applications, 41 (2), 2014, 406-411.
Thorleuchter, D., Van den Poel, D.: Semantic Compared Cross Impact Analysis. Expert Systems with Applications, 41 (7), 2014, 3477-3483.
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