Patent analysis of wind energy technology using the patent alert system |
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| Authors: | Tugrul Daim Ibrahim Iskin Xin Li Casey Zielsdorff Ayse Elvan Bayraktaroglu Turkay Dereli Alptekin Durmusoglu |
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| Affiliation: | 1. School of Public Policy and Management, University of Chinese Academy of Sciences, 100190 Beijing, China;2. School of Economics & Management, University of Chinese Academy of Sciences, 100190 Beijing, China;3. School of Business Administration, South China University of Technology, 510640 Guangzhou, China;1. School of Business Administration, Kyungpook National University, Daegu, Republic of Korea;2. School of Medicine, Kyungpook National University, Daegu, Republic of Korea;1. Bayburt University, Department of Industrial Engineering, Bayburt, Turkey;2. Gaziantep University, Department of Industrial Engineering, Gaizantep, Turkey;3. The University of Iowa, Department of Mechanical and Industrial Engineering, Iowa City, IA, USA |
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| Abstract: | Using publicly available information effectively is important to remain competitive in technology related industries. The main difficulty in this is determining how to use the information effectively and in a manner that will yield results that can be acted upon. Several different methodologies are being developed in the Technology Watch area of research including the Patent Alert System (PAS) by Dereli and Durmusoglu. By using two different variations of the Patent Alert System, this paper will analyze two different technologies based on wind energy. These variations include Linear Regression based PAS and Fuzzy Logic based PAS. Each approach uses a different methodology to evaluate the available data and generate a trend that will be used to predict future values of patent counts in the applied area of technology. The results of these different approaches are compared in order to determine if either method produces more reliable results which would then lead to better decisions by the organization. In order to connect the results with real-world events, trend changes will be evaluated against global events which should have an impact on technological development in this area. |
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