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Technology Commercialization: DEA and Related Analytical Methods for Evaluating The Use and Implementation of Technical Innovation examines both general Research & Development commercialization and targeted new product innovation. New product development is a major occupation of the technical sector of the global economy and is viewed in many ways as a means of economic stability for a business, an industry, and a country. The heart of the book is a detailing of the analytical methods-with special, but not exclusive emphasis on DEA methods-for evaluating and ranking the most promising R & D and technical innovation being developed. The sponsors of the research and development may involve universities, countries, industries, and corporations-all of these sources are covered in the book. In addition, the trade-off of environmental problems vis-à-vis new product development is discussed in a section of the book.
Sten Thore (editor and author) has woven together the chapter contributions by a strong group of international researchers into a book that has characteristics of both a monograph and a unified edited volume of well-written papers in DEA, technology evaluation, R&D, and environmental economics. Finally, the use of DEA as an evaluation method for product innovation is an important new development in the field of R&D commercialization.
List of contents
Prologue.- I: Commercial Priorities.- 1. Tutorial. The Many Dimensions of an R&D Project: Multi-Criteria Analysis.- 2. Using Frontier Analysis to Rate the R&D Projects of a Commercial Corporation. Editorial Introduction.- Research Paper: Prioritizing a Portfolio of R&D Activities, Employing Data Envelopment Analysis.- 3. The Life Cycles of Sales and Profits: Dealing with the Uncertainties of the Commercialization Process Editorial Introduction.- Research Paper: Prioritizing R&D Projects in the Face of Technological and Market Uncertainty: Combining Scenario Analysis and DEA.- 4. Investment Policies by Venture Capital Firms and Government Development Foundations. Editorial Introduction.- Research Paper: Applying Data Envelopment Analysis to Evaluate the Efficiency of R&D Projects - - A Case Study of R&D in Energy Technology.- 5. Rating Academic Research. Editorial Introduction.- Research Paper: Controlling the Efficiency of University Research in the Netherlands.- 6. Rating R&D Stock. Editorial Introduction.- Research Paper: Pricing IPOs, Using Two-Stage DEA to Track their Financial Fundamentals.- 7. Monitoring the Dynamic Performance of a Portfolio of R&D Projects over Time. Editorial Introduction.- Research Paper: Evaluating a Portfolio of Proposed Projects, Ranking them Relative to a List of Existing Projects.- 8. R&D Budgeting: Assessing the Efficiency of R&D Projects in the Presence of Resource Constraints. Editorial Introduction.- Research Paper: On the Ranking of R&D Projects in a Hierarchical Organizational Structure subject to Global Resource Constraints.- II Environmental Concerns.- 9: Tutorial. The Environmental Impact of New Products.- 10: A New Mathematical Programming Format for Activity Analysis and the Life Cycle of Products. Editorial Introduction.- First Research Paper: Activity Analysis with Environmental Variables and Recycling: An Example from the Portuguese Bottled Water Industry.- Second Research Paper: Life Cycle Activity Analysis: A Case Study of Plastic Panels.- 11. Ranking Commercial Products with Harmful Environmental Effects. Editorial Introduction.- Research paper: Using DEA to Rank the Performance of Producers in the Presence of Environmental Goals.- Appendix. The Mathematics of Data Envelopment Analysis.
Summary
Technology Commercialization: DEA and Related Analytical Methods for Evaluating The Use and Implementation of Technical Innovation examines both general Research & Development commercialization and targeted new product innovation. New product development is a major occupation of the technical sector of the global economy and is viewed in many ways as a means of economic stability for a business, an industry, and a country. The heart of the book is a detailing of the analytical methods-with special, but not exclusive emphasis on DEA methods-for evaluating and ranking the most promising R & D and technical innovation being developed. The sponsors of the research and development may involve universities, countries, industries, and corporations-all of these sources are covered in the book. In addition, the trade-off of environmental problems vis-à-vis new product development is discussed in a section of the book.
Sten Thore (editor and author) has woven together the chapter contributions by a strong group of international researchers into a book that has characteristics of both a monograph and a unified edited volume of well-written papers in DEA, technology evaluation, R&D, and environmental economics. Finally, the use of DEA as an evaluation method for product innovation is an important new development in the field of R&D commercialization.
