1. Forecasting patenting areas with academic paper & patent data: A wind power energy case.
- Author
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Hsieh, Chih-Hung, Lin, Chien-Huei, Lu, Louis Y.Y., Contreras Cruz, Angel, and Daim, Tugrul
- Subjects
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WIND power , *TECHNOLOGICAL innovations , *PATH analysis (Statistics) , *TECHNOLOGICAL forecasting , *TEST methods - Abstract
This study proposes a novel method to forecast the emerging patenting area with Main Path Analysis and Word Cloud Analysis. To test the methods, we used Wind Power Energy as an example to illustrate the method's usefulness. Firstly, we used "wind power" and "wind energy" to collect 40,827 related journal papers in Scopus and 72,979 related patents in Derwent Innovation databases. Main Path Analysis was conducted to explore the development trajectory. The results of the Main Path Analysis for the papers and patents were visualized with Pajek software. Secondly, we used VOSviewer to extract the technological areas (i.e., keywords) of the collected academic papers and patents. Then, we calculated the average time lag between the first paper published and the first patent filed for each technological area (keyword). Finally, we forecasted the trend of patenting for wind power energy based on the average lag time and academic research themes in recent years. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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