Patent-Based Technology Life Cycle Analysis: The Case of the Petroleum Industry

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Abstract

Making decisions to determine the current stage of technology life cycle (TLC) based on reliable data, is necessary. The inherent links between patents and science and technology make them essential sources for data on any technology. In the light of this, and considering the importance of patent information for the firms strategic decisions, we have attempted to use patent data as a source of information to identify the level of a technology in the S-Curve. This paper starts with the literature review of the life cycle and the role of patents at the various stages of technology development, and then focuses on a technology trend analysis framework using patent data, and discusses the life cycle of CO2 injection technology in the upstream sector of worldwide oil and gas industry. In the final section, the results are presented based on the analysis of the patent data on CO2 injection technology as were recommendations concerning the application of the methodology in future studies as it might be an effective tool for better analyzing any desired technology.

About the authors

Mohammad Dehghani Madvar

University of Tehran

Email: dehghani.madvar@gmail.com
16 Azar str., Enghelab sq., Tehran, Iran

Hossein Khosropour

Young Researchers and Elite Сlub

Email: khosropourh@gmail.com
Central Tehran Branch Islamic Azad University (Iran), No. 136, Forsat Sr., Eskandari St. Azadi Ave., Tehran, Tehran Iran

Abdollah Khosravanian

Sharif University of Technology

Email: khosravanian_a@che.sharif.ir
Iran, Sharif University of Technology, Azadi ave., Tehran, Iran

Maryam Mirafshar

Allameh Tabatabai University

Email: mirafshar.maryam@gmail.com
Dehkadeh-ye-Olympic, Tehran, Iran

Morteza Rezapour

Research Institute of Petroleum Industry

Email: rezapourm@ripi.ir
Iran, West Side of Azadi Sports Complex, 1485733111 Tehran, Iran

Behrouz Nouri

Research Institute of Petroleum Industry

Email: Noorib@ripi.ir
Iran, West Side of Azadi Sports Complex, 1485733111 Tehran, Iran

References

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