Patent analysis for promoting technology transfer in multi-technology industries: the Korean aerospace industry case

Abstract

With the increasing importance of technology, the efficiency of R&D investment is becoming a critical factor to an organisation's success. As a result, many studies have carried out to create useful information to support various decision-makings faced during R&D planning but few efforts were made to discuss technology transferability in creating the information. Technology transferability can be an important factor to increase the efficiency of R&D investment especially in a multi-technology industry, where a compound of several industries produces a variety of components and systems. Therefore, this study purposes to develop a systematic method to analyse the transferability of technology, aiming to facilitate R&D spill-over. For the purpose of analysis, patent data from USPTO (United States Patent and Trademark Office) was adopted and patent citation analysis applied, which shows the relationship between technologies and industries as quantitative measures. The research result then was applied to Korean aerospace industry and its utility verified. The suggested method is expected to be used in understanding technology characteristics and making the most use of R&D outputs by promoting technology transfer in multi-technology industries.