Deep Technology Tracing for High-tech Companies
This addresses the problem of technology tracing for high-tech companies, but it is incremental as it builds on existing data-driven methods with specific neural network enhancements.
The paper tackles the challenge of predicting future R&D trends for high-tech companies by developing a Deep Technology Forecasting (DTF) framework, which uses patent data to model competitive and collaborative relations, and results show it can precisely prospect future technology emphases.
Technological change and innovation are vitally important, especially for high-tech companies. However, factors influencing their future research and development (R&D) trends are both complicated and various, leading it a quite difficult task to make technology tracing for high-tech companies. To this end, in this paper, we develop a novel data-driven solution, i.e., Deep Technology Forecasting (DTF) framework, to automatically find the most possible technology directions customized to each high-tech company. Specially, DTF consists of three components: Potential Competitor Recognition (PCR), Collaborative Technology Recognition (CTR), and Deep Technology Tracing (DTT) neural network. For one thing, PCR and CTR aim to capture competitive relations among enterprises and collaborative relations among technologies, respectively. For another, DTT is designed for modeling dynamic interactions between companies and technologies with the above relations involved. Finally, we evaluate our DTF framework on real-world patent data, and the experimental results clearly prove that DTF can precisely help to prospect future technology emphasis of companies by exploiting hybrid factors.