• DocumentCode
    3007206
  • Title

    Analysis of Technology Trends Based on Big Data

  • Author

    Segev, Aviv ; Chihoon Jung ; Sukhwan Jung

  • Author_Institution
    Dept. of Knowledge Service Eng., KAIST, Daejeon, South Korea
  • fYear
    2013
  • fDate
    June 27 2013-July 2 2013
  • Firstpage
    419
  • Lastpage
    420
  • Abstract
    The paper suggests a method for analyzing technology trends. The process, which investigates development of technologies over time, identifies main technologies displaying the fastest growth compared to greater influence of new inventions. The method analyzes term frequency and change over time of technological terms in patents to identify the prior technologies that lead to a new technology and detects technologies that have the biggest impact. The analysis was performed on 4,354,054 patents from the US Patent Office dating from 1975 until today. Some correlation is displayed between technology trends and future US stock market performance.
  • Keywords
    data analysis; patents; stock markets; US Patent Office; big data; future US stock market performance; technology trend analysis; term frequency analysis; Chemicals; Conferences; Electronic mail; Information retrieval; Market research; Patents; Stock markets; patent; technology impact; technology trend; trend analysis;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Big Data (BigData Congress), 2013 IEEE International Congress on
  • Conference_Location
    Santa Clara, CA
  • Print_ISBN
    978-0-7695-5006-0
  • Type

    conf

  • DOI
    10.1109/BigData.Congress.2013.65
  • Filename
    6597169