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Artificial Intelligence in Innovation: How to Spot Emerging Trends and Technologies
Published in IEEE Transactions on Engineering Management

Abstract:
Firms apply strategic foresight in technology and innovation management to detect discontinuous changes early, to assess their expected consequences, and to develop a future course of action enabling superior company performance. For this purpose, an ever-increasing amount of data has to be collected, analyzed, and interpreted. Still, a major part of these activities is performed manually, which requires high investments in various resources. To support these processes more efficiently, this article presents an artificial-intelligence-based data mining model that helps firms spot emerging topics and trends at a higher level of automation than before.