The innovation chain is an added value horizontal process that interacts continuously with the external environment, when new products or services are developed. This immense dynamicity influences the decision-making process throughout the idea generation, product design and market exploitation links of the innovation chain. These dynamic information sources could be exploitable by innovation managers, when they are processed through the knowledge base in an iterative mode across the innovation chain. This paper combines business intelligence and knowledge management techniques to conceptualize a logical framework of modelling the innovation chain intelligence. The methodology that is used is the ontological framework for information extraction, knowledge representation and knowledge update related to innovation chain intelligence. This paper conceptualizes the necessary information extraction mechanisms for semi-structured data, using web semantic ontologies to introduce the initial stage of the innovation intelligence chain.
Keywords: Business Intelligence, Innovation, Ontology, Semantic Web
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