TY - JOUR
T1 - The relationship between technology, business model, and market in autonomous car and intelligent robot industries
AU - Yun, Jin Hyo Joseph
AU - Won, Dong Kyu
AU - Jeong, Eui Seob
AU - Park, Kyung Bae
AU - Yang, Jeong Ho
AU - Park, Ji Young
N1 - Publisher Copyright:
© 2015 Elsevier Inc.
PY - 2016/2/1
Y1 - 2016/2/1
N2 - This study develops a new innovation diagram based on three elements - technology-business model (BM)- market - for characterizing the knowledge-based economy and open innovation. It identifies the relationship between technology, business model, and market through analysis of in-depth interviews with Korean firms that belong to the autonomous car and intelligent robot industries at first. It develops the Casual Loop Diagrambased on the dynamic relationships between technology-BM-market. In developing this diagram, regulations, standards, and leading firm effects were consideredwhichwere caught at the interviews. The technology-BM-market systemcausal loop diagramwas proven through the analysis of technology, and business model patent statistics, and the reference and citation networks among these patents from worldwide in 2 industries. It identifies the importance of the business model in addition to 3 factors identified in this research, the leading firm effect, standardization, and regulation. The research suggests new market increase strategies and policies which are based on technology-BM-market diagram in technology intensive industries such as autonomous car and intelligent robot industries. This study develops a new innovation diagram based on three elements - technology-business model (BM)- market - for characterizing the knowledge-based economy and open innovation. It identifies the relationship between technology, business model, and market through analysis of in-depth interviews with Korean firms that belong to the autonomous car and intelligent robot industries at first. It develops the Casual Loop Diagrambased on the dynamic relationships between technology-BM-market. In developing this diagram, regulations, standards, and leading firm effects were consideredwhichwere caught at the interviews. The technology-BM-market systemcausal loop diagramwas proven through the analysis of technology, and business model patent statistics, and the reference and citation networks among these patents from worldwide in 2 industries. It identifies the importance of the business model in addition to 3 factors identified in this research, the leading firm effect, standardization, and regulation. The research suggests new market increase strategies and policies which are based on technology-BM-market diagram in technology intensive industries such as autonomous car and intelligent robot industries.
AB - This study develops a new innovation diagram based on three elements - technology-business model (BM)- market - for characterizing the knowledge-based economy and open innovation. It identifies the relationship between technology, business model, and market through analysis of in-depth interviews with Korean firms that belong to the autonomous car and intelligent robot industries at first. It develops the Casual Loop Diagrambased on the dynamic relationships between technology-BM-market. In developing this diagram, regulations, standards, and leading firm effects were consideredwhichwere caught at the interviews. The technology-BM-market systemcausal loop diagramwas proven through the analysis of technology, and business model patent statistics, and the reference and citation networks among these patents from worldwide in 2 industries. It identifies the importance of the business model in addition to 3 factors identified in this research, the leading firm effect, standardization, and regulation. The research suggests new market increase strategies and policies which are based on technology-BM-market diagram in technology intensive industries such as autonomous car and intelligent robot industries. This study develops a new innovation diagram based on three elements - technology-business model (BM)- market - for characterizing the knowledge-based economy and open innovation. It identifies the relationship between technology, business model, and market through analysis of in-depth interviews with Korean firms that belong to the autonomous car and intelligent robot industries at first. It develops the Casual Loop Diagrambased on the dynamic relationships between technology-BM-market. In developing this diagram, regulations, standards, and leading firm effects were consideredwhichwere caught at the interviews. The technology-BM-market systemcausal loop diagramwas proven through the analysis of technology, and business model patent statistics, and the reference and citation networks among these patents from worldwide in 2 industries. It identifies the importance of the business model in addition to 3 factors identified in this research, the leading firm effect, standardization, and regulation. The research suggests new market increase strategies and policies which are based on technology-BM-market diagram in technology intensive industries such as autonomous car and intelligent robot industries.
KW - Autonomous car
KW - Intelligent robot
KW - Open innovation
KW - Technology-BM-market causal loop diagram
UR - https://www.scopus.com/pages/publications/84948392048
U2 - 10.1016/j.techfore.2015.11.016
DO - 10.1016/j.techfore.2015.11.016
M3 - Article
AN - SCOPUS:84948392048
SN - 0040-1625
VL - 103
SP - 142
EP - 155
JO - Technological Forecasting and Social Change
JF - Technological Forecasting and Social Change
ER -