Science and Technology Test Mining: Disruptive Technology Roadmaps
Abstract
Disruptive technologies create growth in the industries they penetrate or create entirely new industries through the introduction of products and services that are dramatically cheaper, better, and more convenient. These disruptive technologies often disrupt workforce participation by allowing technologically unsophisticated individuals to enter and become competitive in the industrial workforce. Disruptive technologies offer a revolutionary change in the conduct of processes or operations. Disruptive technologies can evolve from the confluence of seemingly diverse technologies or can be a result of an entirely new technological investigation. Existing planning processes are notoriously poor in identifying the mix of sometimes highly disparate technologies required to address the multiple performance objectives of a particular niche in the market. For a number of reasons, especially the inability to look beyond short-term profitability, and the risk/ return tradeoff of longer-term projects, it is suggested that current strategic planning and management processes promote sustaining technologies at the expense of disruptive technologies. We propose a systematic approach to identify disruptive technologies that is realistic and operable and takes advantage of the text mining literature. This literature-based discovery process is especially useful in identifying potential disruptive technologies that may require the input from many diverse technological and management areas. We believe that this process holds great potential for identifying projects with a higher probability of downstream success. Further, we suggest a process to take the identified potential disruptive technology from the idea stage through the development of a potentially feasible product for the market.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 23, 2003
- Accession Number
- ADA415933
Entities
People
- Gene R. Simons
- Robert Boylan
- Ronald Neil Kostoff
Organizations
- Office of Naval Research