Description
Tech Mining is a process that utilizes text databases to extract knowledge about emerging technologies for competitive advantage. It assumes that the necessary information and tools are available and that there is a need for the resulting knowledge. This approach allows technology managers to identify and access valuable technology information resources, search and clean relevant information, and improve the efficiency and effectiveness of competitive technological intelligence operations.
Tech Mining makes exploitation of text databases meaningful to those who can gain from derived knowledge about emerging technologies. It begins with the premise that we have the information, the tools to exploit it, and the need for the resulting knowledge. The information provided puts new capabilities at the hands of technology managers. Using the material present, these managers can identify and access the most valuable technology information resources (publications, patents, etc.); search, retrieve, and clean the information on topics of interest; and lower the costs and enhance the benefits of competitive technological intelligence operations.