Quantifying the Economic Benefits of Advanced Materials Products and Processes (Classic Reprint) - Couverture souple

Joel Clark

9781332277711: Quantifying the Economic Benefits of Advanced Materials Products and Processes (Classic Reprint)

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ISBN 10 : 1332277713 ISBN 13 : 9781332277711

Editeur : Forgotten Books, 2018

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�diteur: Forgotten Books
Date d'�dition: 2018
Langue: anglais
ISBN 10: 1332277713
ISBN 13: 9781332277711
Reliure: Broch�
Nombre de pages: 66
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Quantifying the Economic Benefits of Advanced Materials Products and Processes

Joel Clark, J. Neely

Edit� par Forgotten Books, 2018

ISBN 10 : 1332277713 ISBN 13 : 9781332277711

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Vendeur : Forgotten Books, London, Royaume-Uni

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Paperback. Etat : New. Print on Demand. Delving into the complexities of advanced material products and processes, this book presents a groundbreaking methodology developed by the Massachusetts Institute of Technology's International Center for Research on the Management of Technology. Unveiling an approach for assessing the economic benefits of developmental materials technologies, the book guides readers through quantifying and qualifying the potential impact of these innovations. The author provides a framework for evaluating future technology funding opportunities, enabling both initial assessments and detailed case studies. Utilizing concepts derived from decision analysis theory, this methodology translates complex performance and cost characteristics into an overall measure of end-user preference: utility. This metric drives estimates of market penetration, opening the door to forecasts of future sales potential and other consequential benefits such as energy savings or reduced emissions. Recognizing the crucial role of market penetration in technology commercialization, the book addresses key technical and economic hurdles that must be overcome for success. Through sensitivity analyses, decision-makers can gauge what must occur, technically, for the new technology to have an appreciable chance of achieving commercial viability. The author emphasizes the importance of quantifying market potential and economic benefits to inform funding decisions that drive directed technology development. This book's insights empower professionals in the technology field to make more informed investment decisions, enabling them to select and champion technologies with the greatest potential for commercial success and societal impact. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N� de r�f. du vendeur 9781332277711_0

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