Strategic planning for technology development with patent analysis

Shang-Jyh Liu*, Joenson Shyu

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

122 Scopus citations

Abstract

Patents contain much technological information. This paper demonstrates that patent analysis facilitates a unique scheme for technology development. Two cases are employed to illustrate the effectiveness of a patent database. The first case provides strategic planning for developing Light Emitting Diode (LED) material technology. The second case, involving Thin Film Transistor (TFT), displays that the development trend in related patents corresponds to the technology roadmap in the industrial sector. To reduce the uncertainties of solely employing patent data, this study also incorporates academic journal findings and industrial information. Results presented herein demonstrate that patents can function not only as a map for tracking the technology trajectory, but also a guidepost for technology planning and forecasting.

Original languageEnglish
Pages (from-to)661-680
Number of pages20
JournalInternational Journal of Technology Management
Volume13
Issue number5-6
DOIs
StatePublished - 1 Dec 1997

Keywords

  • LED (Light Emitting Diode)
  • Patent; TFT (Thin Film Transistor)
  • Strategic planning
  • Taiwan

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