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Bibliometric data and actual development in technology life cycles: flaws in assumptions

Arho Suominen (Senior Scientist based at Innovation and Knowledge Economy, VTT Technical Research Centre of Finland, Turku, Finland)
Marko Seppänen (Center for Innovation and Technology Research, Department of Industrial Management, Tampere University of Technology, Tampere, Finland)

Foresight

ISSN: 1463-6689

Article publication date: 4 March 2014

444

Abstract

Purpose

Motivated with the ever growing number of bibliometric trend extrapolation studies, the purpose of this paper is to demonstrate through two technologies how the selection of an upper limit of growth affects the correlation and causality of technology development measured with bibliometric data.

Design/methodology/approach

The paper uses Gompertz and Fisher-Pry curves to model the technological development of white light emitting diodes and flash memory, and show with extrapolation results from several bibliometric sources how a typical bias is caused in trend extrapolations.

Findings

The paper shows how drastic an effect the decision to set an upper bound has on trend extrapolations, to be used as a reference for applications. The paper recommends carefully examining the interconnection of actual development and bibliometric activity.

Originality/value

Despite increasing interest in modelling technological data using this method, reports rarely discuss basic assumptions and their effects on outcomes. Since trend extrapolations are applied more widely in different disciplines, the basic limitations of methods should be explicitly expressed.

Keywords

Acknowledgements

The authors would like to acknowledge the valuable comments and the review by Professor Alan Porter.

Citation

Suominen, A. and Seppänen, M. (2014), "Bibliometric data and actual development in technology life cycles: flaws in assumptions", Foresight, Vol. 16 No. 1, pp. 37-53. https://doi.org/10.1108/FS-03-2013-0007

Publisher

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Emerald Group Publishing Limited

Copyright © 2014, Emerald Group Publishing Limited

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