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This paper proposes a framework to identify and evaluate companies from the technological perspective to support merger and acquisition (M&A) target selection decision-making. This employed a text mining-based patent map approach to identify companies which can fulfill a specific strategic purpose of M&A for enhancing technological capabilities. The patent(More)
In the competitive business environment, early identification of technological opportunities is crucial for technology strategy formulation and research and development planning. There exist previous studies that identify technological directions or areas from a broad view for technological opportunities, while few studies have researched a way to detect(More)
Patent maps showing competition trends in technological development can provide valuable input for decision support on research and development (R&D) strategies. By introducing semantic patent analysis with advantages in representing technological objectives and structures, this paper constructs dynamic patent maps to show technological competition trends(More)
Recently, national governments have tried to improve technology ecology, by formulating research and development (R&D) policies and investing in R&D programs. For strategically designed national R&D plans, analytic approaches that identify and assess the impact of each technology from short-term and long-term perspectives are necessary. Further, in(More)
Patent intelligence—the transformation of content found in multiple patents into technical, business, and legal insight—is considered a key factor in gaining a competitive advantage in technologically competitive business environments. Although keyword-based patent intelligence tools are widely used due to their simplicity and ease of use, they are limited(More)
Companies should investigate possible patent infringement and cope with potential risks because patent litigation may have a tremendous financial impact. An important factor to identify the possibility of patent infringement is the technological similarity among patents, so this paper considered technological similarity as a criterion for judging the(More)