Computing Redundancy in Complementary and Supplementary Technologies Using TLC Indicators: A Theoretical Framework

Technology redundancy is a powerful concept of strength of similar cord between adjacent technologies; we consider technology redundancy in the form of Complementarity and Supplementarity. In this research paper, we argue that innovation and technological forecasting are premised on the certain orderliness of its current five life cycle stages. The widespread approach of considering complementary and supplementary technologies and measuring technology life cycle (TLC) stages activities by its indicators especially patent applications have yielded to give successful innovations. This current research is based on the TLC and its different TLC stages by finding the indicators of the life cycle of thirteen technical indicators from the previous literature. The purpose of this research is to focus on the patentometrics index to identifying the TLC is constructed based on the patent citation network to identify its stages and patent family. We plan to undertake the technology development trajectory at different TLC stages construct the patentometrics indicators and compute the redundancy between technology complementarity, supplementarity, and knowledge flow to verify the framework given in this paper.