Proceedings of the 37th International Academic Conference, Budapest

A PATENT MINING APPROACH FOR TECHNOLOGICAL OPPORTUNITY ANALYSIS IN THE TELEHEALTH INDUSTRY

JUITE WANG, CHUN-HAO HUANG

Abstract:

Early identification of emerging technological opportunities is crucial for companies to formulate technology strategies that can provide a core competitive advantage over competitors in the future. This research develops a dynamic patent citation analysis methodology based on the theory of social network evolution to analyze patent documents for technological opportunity discovery in the telehealth industry. We found several technological opportunities, including healthcare administration, vital sign detection methods, transaction-based healthcare network management, movement disorder therapeutic system, health related services for IOT devices, alarm management for vital signs, and teleconference among medical practitioners. The research findings are useful for telehealth firms to understand the technological trend and explore potential technological opportunities, while formulating technology strategies to provide a core competitive advantage over competitors in the future.

Keywords: Patent mining, technology opportunity analysis, technology strategy, telehealth.

DOI: 10.20472/IAC.2018.037.020

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