Mining external R&D

Open Innovation presses the case for timely and thorough intelligence concerning research and development activities conducted outside one’s organization. To take advantage of this wealth of R&D, one needs to establish a systematic “tech mining” process. We propose a 5-stage framework that exten...

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Bibliographic Details
Published inTechnovation Vol. 31; no. 4; pp. 171 - 176
Main Authors Porter, Alan L., Newman, Nils C.
Format Journal Article
LanguageEnglish
Published Amsterdam Elsevier Ltd 01.04.2011
Elsevier Sequoia S.A
Subjects
Competitive intelligence
Culture
Gain
Innovation diffusion
Innovations
Intelligence
Knowledge discovery
Knowledge transfer
Literature reviews
Literature-based discovery
Management
Mining
Open Innovation
Pattern recognition
R&D
R&D management
Research & development
Research and development
Research profiling
Screening
Strategic management
Tech mining
Technology transfer
Text mining
United States > US
Text mining
Tech mining
Literature-based discovery
Research profiling
R&D management
Knowledge discovery
Open Innovation
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Summary:Open Innovation presses the case for timely and thorough intelligence concerning research and development activities conducted outside one’s organization. To take advantage of this wealth of R&D, one needs to establish a systematic “tech mining” process. We propose a 5-stage framework that extends literature review into research profiling and pattern recognition to answer posed technology management questions. Ultimately one can even discover new knowledge by screening research databases. Once one determines the value in mining external R&D, tough issues remain to be overcome. Technology management has developed a culture that relies more on intuition than on evidence. Changing that culture and implementing effective technical intelligence capabilities is worth the effort. P&G's reported gains in innovation call attention to the huge payoff potential. ► Intelligence on external R&D is vital for Open Innovation. ► We distinguish five stages in “Tech Mining” external R&D information. ► We consider six forms of such R&D information.► We present a brief Tech Mining success story on advanced ceramics.► Stage 5, Literature Based Discovery, warrants special consideration.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
ISSN:0166-4972
1879-2383
DOI:10.1016/j.technovation.2011.01.001