Using the Patent Analysis to Examine the Future Development Trend of the Life Cycle of Taiwan’s Fitness Equipment and Bicycle Industries
Journal Title: GATR Global Journal of Business & Social Science Review - Year 2018, Vol 6, Issue 1
Abstract
Objective – This study aims to analyse the current situation of Taiwan’s fitness equipment and bicycle industries, to compare their future development. As a result of globalization and the trend of the knowledge economy, patent information can be used to predict the trend of these industries. Methodology/Technique – This study uses M-Trends as a research tool. The scope of the study is the number of patents issued between 1996 and 2015. Findings – The research results show that the technology lifecycle of the fitness equipment and bicycle industries are both mature. Novelty – This study analyzes the life cycle of Taiwan’s fitness equipment and bicycle industries through EXCEL, to build a patent figure, and compare the technology life cycle to show Taiwan’s fitness equipment and bicycle industries in the technology lifecycle phase.
Authors and Affiliations
Li-Wei Liu, Ming-Han Chiang
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