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1 – 10 of 498
Article
Publication date: 18 May 2012

Sunghae Jun, Sang Sung Park and Dong Sik Jang

The purpose of this paper is to propose an objective method for technology forecasting (TF). For the construction of the proposed model, the paper aims to consider new approaches…

3015

Abstract

Purpose

The purpose of this paper is to propose an objective method for technology forecasting (TF). For the construction of the proposed model, the paper aims to consider new approaches to patent mapping and clustering. In addition, the paper aims to introduce a matrix map and K‐medoids clustering based on support vector clustering (KM‐SVC) for vacant TF.

Design/methodology/approach

TF is an important research and development (R&D) policy issue for both companies and government. Vacant TF is one of the key technological planning methods for improving the competitive power of firms and governments. In general, a forecasting process is facilitated subjectively based on the researcher's knowledge, resulting in unstable TF performance. In this paper, the authors forecast the vacant technology areas in a given technology field by analyzing patent documents and employing the proposed matrix map and KM‐SVC to forecast vacant technology areas in the management of technology (MOT).

Findings

The paper examines the vacant technology areas for MOT patent documents from the USA, Europe, and China by comparing these countries in terms of technology trends in MOT and identifying the vacant technology areas by country. The matrix map provides broad vacant technology areas, whereas KM‐SVC provides more specific vacant technology areas. Thus, the paper identifies the vacant technology areas of a given technology field by using the results for both the matrix map and KM‐SVC.

Practical implications

The authors use patent documents as objective data to develop a model for vacant TF. The paper attempts to objectively forecast the vacant technology areas in a given technology field. To verify the performance of the matrix map and KM‐SVC, the authors conduct an experiment using patent documents related to MOT (the given technology field in this paper). The results suggest that the proposed forecasting model can be applied to diverse technology fields, including R&D management, technology marketing, and intellectual property management.

Originality/value

Most TF models are based on qualitative and subjective methods such as Delphi. That is, there are few objective models. In this regard, this paper proposes a quantitative and objective TF model that employs patent documents as objective data and a matrix map and KM‐SVC as quantitative methods.

Article
Publication date: 21 June 2013

Sunghae Jun and Sang Sung Park

Apple is a representative company of technological innovation (TI) and management. It has launched new and innovative products since 1977, and many companies and business schools…

12033

Abstract

Purpose

Apple is a representative company of technological innovation (TI) and management. It has launched new and innovative products since 1977, and many companies and business schools around the world have attempted to learn about the success story of Apple's innovation. However, most previous research works on Apple's innovation have been based on qualitative approaches such as experts' opinions. Such studies offer a subjective point of view. By contrast, in this paper the authors aim to study the TI and forecasting of Apple by analyzing its patent applications, which is an objective approach to examining the innovation of Apple from a technological perspective.

Design/methodology/approach

TI is an important issue concerning technology management for companies and governments. To examine Apple's TI, the authors analyze all applied patents and construct analytical models according to three approaches. First, they build statistical models using the time series regression and multiple linear regression methods to create a technology map. Second, they cluster all Apple's patents to find its vacant technology domain. Lastly, they use social network analysis to search for technologies central to Apple's future.

Findings

The authors' study shows the technological trends and relations between Apple's technologies. This research finds vacant technology areas and central technologies for Apple's TI.

Practical implications

Using statistical and machine learning methods, the authors analyze all Apple's patents in order to predict the firm's future technologies. This research contributes to examining the TI of Apple. Therefore, the results of the patent analysis can highlight the technological opportunities for Apple's TI.

Originality/value

Traditional TI models have been based on qualitative methods. Previous investigations of Apple's TI have also relied on traditional analytical approaches. In this paper, however, the authors develop a quantitative and objective approach for examining Apple's TI.

Article
Publication date: 4 December 2017

Juhwan Kim, Sunghae Jun, Dong-Sik Jang and Sangsung Park

Patent contains vast information on developed technologies because of the patent system. So, it is important to analyze patent data for understanding technologies. Most previous…

1573

Abstract

Purpose

Patent contains vast information on developed technologies because of the patent system. So, it is important to analyze patent data for understanding technologies. Most previous studies on patent analysis were focused on the technology itself. Their research results lacked the consideration of products. But the patent analysis based on products is crucial for company because a company grows by sales of competitive products. The purpose of this paper is to propose a novel methodology of patent analysis for product-based technology. This study contributes to the product development strategy of a company.

Design/methodology/approach

The primary goal for developing technology is to release a new product. So it is important to analyze the technology based on the product. In this study, the authors analyze Apple’s technologies based in iPod, iPhone, and iPad. In addition, the authors propose a new methodology to analyze product-based technology. The authors call this an integrated social network mining (ISNM). In the ISNM, the authors carry out a social network analysis (SNA) according to each product of Apple, and integrate all SNA results of iPod, iPhone, and iPad using the technological keywords.

Findings

In this case study, the authors analyze Apple’s technologies according to Apple’s innovative products, such as the iPod, iPhone, and iPad. From the ISNM results of Apple’s technology, the authors can find which technological detail is more important in overall structure of Apple’s technologies.

Practical implications

This study contributes to the management of technology including new product development, technological innovation, and research and development planning. To know the technological relationship between whole technologies based on products can be the source of intensification of technological competitiveness.

Originality/value

Most of studies on technology analysis were focused on patent technology itself. Though one of their research goals was to develop new product, they had their limits considering the products because they did not use the technology information in the technology analysis. The originality of this research is to use the product information in technology analysis using the proposed ISNM.

Details

Industrial Management & Data Systems, vol. 117 no. 10
Type: Research Article
ISSN: 0263-5577

Keywords

Article
Publication date: 1 April 2004

Jane E. Mather

As real estate departments and workplace organisations devote more attention to strategic planning, most of the work has focused on improving performance metrics and developing…

Abstract

As real estate departments and workplace organisations devote more attention to strategic planning, most of the work has focused on improving performance metrics and developing dashboards to communicate this information clearly and concisely. Yet these steps will take these organisations only part of the way. Once they have this information, they need to devote more time to developing strategies and plans. This review examines one of these activities ‐ developing high‐level occupancy plans. Representatives of the strategy and planning groups at ten leading corporations and the occupancy planning experts at seven service providers and system developers were interviewed for this survey. It was found that most firms continue to complete high‐level occupancy plans with tedious and time‐consuming data‐collection processes and spreadsheet analyses. These organisations could improve efficiency and the success of their plans in two ways: better analysis approaches and better data collection and organisation. This review summarises the best practices identified in these areas.

Details

Journal of Corporate Real Estate, vol. 6 no. 2
Type: Research Article
ISSN: 1463-001X

Keywords

Article
Publication date: 1 February 2016

Sangsung Park, Juhwan Kim, Hongchul Lee, Dongsik Jang and Sunghae Jun

An increasing amount of attention is being paid to three-dimensional (3D) printing technology. The technology itself is based on diverse technologies such as laser beams and…

3262

Abstract

Purpose

An increasing amount of attention is being paid to three-dimensional (3D) printing technology. The technology itself is based on diverse technologies such as laser beams and materials. Hence, 3D printing technology is a converging technology that produces 3D objects using a 3D printer. To become technologically competitive, many companies and nations are developing technologies for 3D printing. So to know its technological evolution is meaningful for developing 3D printing in the future. The paper aims to discuss these issues.

Design/methodology/approach

To get technological competitiveness of 3D printing, the authors should know the most important and essential technology for 3D printing. An understanding of the technological evolution of 3D printing is needed to forecast its future technologies and build the R & D planning needed for 3D printing. In this paper, the authors propose a methodology to analyze the technological evolution of 3D printing. The authors analyze entire patent documents related to 3D printing to construct a technological evolution model. The authors use the statistical methods such as time series regression, association analysis based on graph theory, and principal component analysis for patent analysis of 3D printing technology.

Findings

Using the proposed methodology, the authors show the technological analysis results of 3D printing and predict its future aspects. Though many and diverse technologies are developed and involved in 3D printing, the authors know only a few technologies take lead the technological evolution of 3D printing. In this paper, the authors find this evolution of technology management for 3D printing.

Practical implications

If not all, most people would agree that 3D printing technology is one of the leading technologies to improve the quality of life. So, many companies have developed a number of technologies if they were related to 3D printing. But, most of them have not been considered practical. These were not effective research and development for 3D printing technology. In the study, the authors serve a methodology to select the specific technologies for practical used of 3D printing.

Originality/value

Diverse predictions for 3D printing technology have been introduced in many academic and industrial fields. Most of them were made by subjective approaches depended on the knowledge and experience of the experts concerning 3D printing technology. So, they could be fluctuated according to the congregated expert groups, and be unstable for efficient R & D planning. To solve this problem, the authors study on more objective approach to predict the future state of 3D printing by analyzing the patent data of the developed results so far achieved. The contribution of this research is to take a new departure for understanding 3D printing technology using objective and quantitative methods.

Details

Industrial Management & Data Systems, vol. 116 no. 1
Type: Research Article
ISSN: 0263-5577

Keywords

Article
Publication date: 25 July 2008

Curtis A. Knapp and Jennifer Oliver

The aim of this paper is to provide an overview of the merits of occupancy planning as a means for improving strategic decisions regarding real estate portfolios and strengthening…

705

Abstract

Purpose

The aim of this paper is to provide an overview of the merits of occupancy planning as a means for improving strategic decisions regarding real estate portfolios and strengthening the credibility of corporate real estate (CRE) professionals.

Design/methodology/approach

The authors' extensive experience is combined with survey results and case examples of how two global companies are benefiting from occupancy planning.

Findings

Occupancy planning programs lead to better data and forecasting, which in turn create a more accurate portfolio‐wide view and improved space utilization.

Originality/value

This article demonstrates the link between effective occupancy planning and sound CRE decisions.

Details

Journal of Corporate Real Estate, vol. 10 no. 3
Type: Research Article
ISSN: 1463-001X

Keywords

Book part
Publication date: 1 September 2021

John L. Stanton and Stephen L. Baglione

Product success is contingent on forecasting when a product is needed and how it should be offered. Forecasting accuracy is contingent on the correct forecasting technique. Using…

Abstract

Product success is contingent on forecasting when a product is needed and how it should be offered. Forecasting accuracy is contingent on the correct forecasting technique. Using supermarket data across two product categories, this chapter shows that using a bevy of forecasting methods improves forecasting accuracy. Accuracy is measured by the mean absolute percentage error. The optimal methods for one consumer goods product may be different than for another. The best model varied from sophisticated, most such as autoregressive integrated moving average (ARIMA) and Holt–Winters to a random walk model. Forecasters must be proficient in multiple statistical techniques since the best technique varies within a categories, variety, and product size.

Article
Publication date: 25 January 2013

Chen Hongzhuan, Fan Kaifeng and Fang Zhigeng

The purpose of this paper is to propose a prediction model to predict the cost of complex products with lack of data. The cost estimating is one of the key elements of arguments…

391

Abstract

Purpose

The purpose of this paper is to propose a prediction model to predict the cost of complex products with lack of data. The cost estimating is one of the key elements of arguments around technological economy and investment decision‐making process of complex product.

Design/methodology/approach

A complex product has many characteristics, such as complex structure, large investment, high risk and it usually falls into small‐batch‐production category. Its cost estimation samples are small and cost data are very limited. Based on the characteristics of complex product and cost estimating, this paper introduces performance parameters sequence of associated known data, establishes an N‐GM (0, N) model of characteristic sequence with straddle missing data.

Findings

On the basis of the known key performance parameter sequence, N‐GM (0, N) model is used to predict the grey interval of overall cost vacancy data. Overall cost vacancy data is whitened by sorting reference sequence and realizing complex product overall cost estimation.

Practical implications

The method introduced in the paper can be used to solve practical problems, especially cost prediction of complex products with poor data. The model is also applied on the overall cost and the key component cost estimation of similar but different complex products. Moreover, it provides potential theoretical support for the development of complex product industry in the future.

Originality/value

In this paper, the complex product, which now plays a strategic industrial role in China, is systematically studied by utilizing a new methodology based on grey systems, especially the cost evaluation of the complex product. The use of grey correlation analysis in screening control key item index of complex product cost, the overall cost sequence of the complex product as related sequence and sorting reference sequence, the paper predicts and whitens vacant key item index, obtaining the key item cost index of complex product.

Details

Grey Systems: Theory and Application, vol. 3 no. 1
Type: Research Article
ISSN: 2043-9377

Keywords

Book part
Publication date: 20 October 2015

Mohammad Shamsuddoha

Contemporary literature reveals that, to date, the poultry livestock sector has not received sufficient research attention. This particular industry suffers from unstructured…

Abstract

Contemporary literature reveals that, to date, the poultry livestock sector has not received sufficient research attention. This particular industry suffers from unstructured supply chain practices, lack of awareness of the implications of the sustainability concept and failure to recycle poultry wastes. The current research thus attempts to develop an integrated supply chain model in the context of poultry industry in Bangladesh. The study considers both sustainability and supply chain issues in order to incorporate them in the poultry supply chain. By placing the forward and reverse supply chains in a single framework, existing problems can be resolved to gain economic, social and environmental benefits, which will be more sustainable than the present practices.

The theoretical underpinning of this research is ‘sustainability’ and the ‘supply chain processes’ in order to examine possible improvements in the poultry production process along with waste management. The research adopts the positivist paradigm and ‘design science’ methods with the support of system dynamics (SD) and the case study methods. Initially, a mental model is developed followed by the causal loop diagram based on in-depth interviews, focus group discussions and observation techniques. The causal model helps to understand the linkages between the associated variables for each issue. Finally, the causal loop diagram is transformed into a stock and flow (quantitative) model, which is a prerequisite for SD-based simulation modelling. A decision support system (DSS) is then developed to analyse the complex decision-making process along the supply chains.

The findings reveal that integration of the supply chain can bring economic, social and environmental sustainability along with a structured production process. It is also observed that the poultry industry can apply the model outcomes in the real-life practices with minor adjustments. This present research has both theoretical and practical implications. The proposed model’s unique characteristics in mitigating the existing problems are supported by the sustainability and supply chain theories. As for practical implications, the poultry industry in Bangladesh can follow the proposed supply chain structure (as par the research model) and test various policies via simulation prior to its application. Positive outcomes of the simulation study may provide enough confidence to implement the desired changes within the industry and their supply chain networks.

Details

Sustaining Competitive Advantage Via Business Intelligence, Knowledge Management, and System Dynamics
Type: Book
ISBN: 978-1-78560-707-3

Keywords

Open Access
Article
Publication date: 4 May 2020

Dharyll Prince Mariscal Abellana, Donna Marie Canizares Rivero, Ma. Elena Aparente and Aries Rivero

This paper aims to propose a hybrid-forecasting model for long-term tourism demand forecasting. As such, it attempts to model the tourism demand in the Philippines, which is a…

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Abstract

Purpose

This paper aims to propose a hybrid-forecasting model for long-term tourism demand forecasting. As such, it attempts to model the tourism demand in the Philippines, which is a relatively underrepresented area in the literature, despite its tourism sector’s growing economic progress.

Design/methodology/approach

A hybrid support vector regression (SVR) – seasonal autoregressive integrated moving averages (SARIMA) model is proposed to model the seasonal, linear and nonlinear components of the tourism demand in a destination country. The paper further proposes the use of multiple criteria decision-making (MCDM) approaches in selecting the best forecasting model among a set of considered models. As such, a preference ranking organization method for enrichment of evaluations (PROMETHEE) II is used to rank the considered forecasting models.

Findings

The proposed hybrid SVR-SARIMA model is the best performing model among a set of considered models in this paper using performance criteria that evaluate the errors of magnitude, directionality and trend change, of a forecasting model. Moreover, the use of the MCDM approach is found to be a relevant and prospective approach in selecting the best forecasting model among a set of models.

Originality/value

The novelty of this paper lies in several aspects. First, this paper pioneers the demonstration of the SVR-SARIMA model’s capability in forecasting long-term tourism demand. Second, this paper is the first to have proposed and demonstrated the use of an MCDM approach for performing model selection in forecasting. Finally, this paper is one of the very few papers to provide lenses on the current status of Philippine tourism demand.

Details

Journal of Tourism Futures, vol. 7 no. 1
Type: Research Article
ISSN: 2055-5911

Keywords

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