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Full-Text Articles in Engineering
On Valuing Biopharmaceutical Product Pipelines: An Effectuation Model And Evidence, Mark J. Ahn, Anne S. York, Wei Wu, Yulianto Suharto, Tugrul Unsal Daim
On Valuing Biopharmaceutical Product Pipelines: An Effectuation Model And Evidence, Mark J. Ahn, Anne S. York, Wei Wu, Yulianto Suharto, Tugrul Unsal Daim
Engineering and Technology Management Faculty Publications and Presentations
New creative approaches are needed to manage emerging biotechnology innovations, regulations, and payor environments to enhance product pipeline productivity, valuation, and risk management. Biopharmaceutical firms must make dynamic resource allocation decisions on their relative levels of internal R&D and external strategic alliances in furthering their pipelines. As the predominant method of using discounted cash flow (DCF) methodologies may lead to chronic underinvestment and performance, we evaluated the integration of traditional DCF with an effectuation model of analysis. Unlike traditional financial models that begin with the end goal of assumed known cash flows and recursively solve for portfolio optimization, the effectuation …
Supporting Sustainable Technology Cluster Development: A Performance Measurement Problem, Elizabeth Gibson
Supporting Sustainable Technology Cluster Development: A Performance Measurement Problem, Elizabeth Gibson
Engineering and Technology Management Faculty Publications and Presentations
Managers require metrics to measure organizational performance. However, metrics used by organizations that support technology cluster development are poorly understood in the literature. The most frequently referenced indicator for cluster development is regional economic and jobs data. These macro level indicators are not sufficient to measure the performance inside the cluster, leaving champions and policy makers to struggle with ad-hoc trial and error experimentation. The difficulty in defining and developing a performance measurement system is addressed. This paper lays the groundwork for improved approaches towards measuring the performance of technology cluster initiatives.
Managing Technology Push Through Marketing Testbeds: The Case Of The Hi-Tech Center In Vienna, Austria, Rainer Hasenauer, Charles M. Weber, Peter Filo, Jozef Orgonáš
Managing Technology Push Through Marketing Testbeds: The Case Of The Hi-Tech Center In Vienna, Austria, Rainer Hasenauer, Charles M. Weber, Peter Filo, Jozef Orgonáš
Engineering and Technology Management Faculty Publications and Presentations
The ‘technology push’ approach to technology development rests on the assumption that if you make it, they will come. This assumption carries significant market risk. The technology may miss its intended market window, or the market that was anticipated at the inception of technology development no longer exists at the time of market release. This paper discusses how the Hi Tech Center in Vienna, Austria, a multi national collaborative effort between industry and universities in Central Europe, helps its clients manage technology push by deploying the marketing testbed approach. After identifying lead users for a client’s technology, it characterizes and …
Explaining Health Technology Adoption: Past, Present, Future, Noshad Rahimi, Antonie J. Jetter
Explaining Health Technology Adoption: Past, Present, Future, Noshad Rahimi, Antonie J. Jetter
Engineering and Technology Management Faculty Publications and Presentations
One of the most pressing challenges of healthcare innovation today is the lack of technology adoption. Research that improves our ability to understand, predict, and advance technology adoption in health care needs to be based on well-tested theories. With the interest to conduct high quality research in health technology adoption in future, this study reviews the theories used in this context to either identify the superior theory(ies) and or discover the issues that need resolution for improving future HTA researches. To do that, the most popular [1][2] social cognitive theories conceived over the past four decades are reviewed analytically from …
Project Management In Product Development: Toward A Framework For Targeted Flexibility, Antonie J. Jetter, Fatima Albar
Project Management In Product Development: Toward A Framework For Targeted Flexibility, Antonie J. Jetter, Fatima Albar
Engineering and Technology Management Faculty Publications and Presentations
As a discipline, project management has been accused of having lost its relevance for innovative initiatives because it emphasizes planning and control over the flexibility and learning-based strategies that are needed to succeed under uncertainty. Several authors therefore recommend adaptive project management practices - sometimes named “targeted flexibility” - that respond to project characteristics commonly found in innovation, namely novelty, complexity, speed and - as a result - uncertainty. This paper investigates how this proposed adaptation of project management occurs in a context with high levels of novelty that organizes work in projects and needs to accommodate projects of different …
Connecting Customers With Engineers For The Successful Fuzzy Front End: Requirements Of Tools, Byung Sung Yoon, Antonie J. Jetter
Connecting Customers With Engineers For The Successful Fuzzy Front End: Requirements Of Tools, Byung Sung Yoon, Antonie J. Jetter
Engineering and Technology Management Faculty Publications and Presentations
In technology-driven enterprises, marketing typically acts as a “go-between” that captures customer needs and experiences and aggregates and interprets them for engineering. Knowledge exchange thus occurs through an indirect path. However, as a result of rapidly changing and unpredictable environments and complex products with tacit requirements, companies increasingly emphasize the need for engineering to be more strongly engaged with customers'. Accordingly, an increasing number of methods for customer research in early stages on new product development, the so-called fuzzy front end (FFE), emphasize direct knowledge exchange and collaboration between engineering and customers. Based on a review of the literature, this …
Project Ranking Using Partial Ranks, Jiali Ju, Pei Zhang, Tim R. Anderson
Project Ranking Using Partial Ranks, Jiali Ju, Pei Zhang, Tim R. Anderson
Engineering and Technology Management Faculty Publications and Presentations
A competition was recently held for new elder care technologies and a method was needed for selecting an audience favorite project. Since each of the eight projects received a half hour presentation time slot spread out over a full day, attendance varied significantly with morning projects having a much lower attendance. An algorithm was desired that was robust with respect to varying evaluator. A new algorithm for aggregating ranks from a large number of incomplete judgment was developed and applied to the projects to select a winner. This paper presents the new algorithm, tests the new approach against others in …
Exploring The Design Factors Of Smart Glasses, Ali Emre Ok, Nuri A. Basoglu, Tugrul U. Daim
Exploring The Design Factors Of Smart Glasses, Ali Emre Ok, Nuri A. Basoglu, Tugrul U. Daim
Engineering and Technology Management Faculty Publications and Presentations
Advances in information technology (IT) have started to focus studies on human computer interaction (HCI) which is an area in computer science embracing cognitive science. In this approach there are various aspects of researches about HCI in order to explore how people design, implement, and use interactive computer systems and how computers affect individuals, organizations, and society. This study represents exploring the adoption factors of smart glasses. Technology adoption process establishes preferences and needs of people who use computers and smart systems. To address this issue, technology adoption is essential for a rapidly changing world where technology has become central …
Managing The Economic Constraints Of Foundries And Fabless Enterprises, Charles M. Weber, Jiting Yang
Managing The Economic Constraints Of Foundries And Fabless Enterprises, Charles M. Weber, Jiting Yang
Engineering and Technology Management Faculty Publications and Presentations
This paper presents an empirically grounded model, which links organizational learning to pattern-specific fixed costs. The approach described in this paper helps fab managers make fundamental strategic decisions concerning product design and product mix by engaging in scenario planning. Four critical aspects of managing pattern-specific fixed cost are analyzed in detail – sensitivity to time, design cost and production volume; platform designs; process postponement solutions; and design penalties. The model suggests that fabless enterprises and foundries must collaborate extensively on the design and realizations of product platforms for state-of-the-art integrated circuit products to remain economically viable.
Forecasting Oled Tv Technology Using Bibliometrics And Fisher-Pry Diffusion Model, Yonghee Cho, Tugrul Unsal Daim, Paul Sklar
Forecasting Oled Tv Technology Using Bibliometrics And Fisher-Pry Diffusion Model, Yonghee Cho, Tugrul Unsal Daim, Paul Sklar
Engineering and Technology Management Faculty Publications and Presentations
The market of flat panel displays is experiencing rapid growth with the advancement of digital technologies in broadcasting service. The next challenge of LCD is OLED in TV market. The study attempts to investigate the trends in advanced or emerging technologies by determining their technology diffusion rates due to the lack of experiential data. With the development of information and communication technology, one of the recent methods to assist in technology forecasting is data mining in bibliometric or textual data from various sources such as patents, journals, and research awards. The information extracted from diverse sources can be employed in …
Opening The Door To Breakthroughs That Address Strategic Organizational Needs: Applying Technology Roadmapping Tools And Techniques At An Electric Utility, James V. Hillegas-Elting, Terry Oliver, Joshua Binus, Tugrul Unsal Daim, Judith Estep, Jisun Kim
Opening The Door To Breakthroughs That Address Strategic Organizational Needs: Applying Technology Roadmapping Tools And Techniques At An Electric Utility, James V. Hillegas-Elting, Terry Oliver, Joshua Binus, Tugrul Unsal Daim, Judith Estep, Jisun Kim
Engineering and Technology Management Faculty Publications and Presentations
Over the course of a decade, the Bonneville Power Administration's Technology Innovation Office has developed a roadmapping approach that captures business challenges and opportunities critical to the agency, links these with barriers to success, and connects these with technical solutions and research questions. Senior leaders from across the agency establish strategic goals and objectives, and international technical subject matter experts are convened to articulate technology-associated paths to achieve these. Each roadmap captures insights from diverse experts in highly collaborative environments and focuses them on critically important topics. These roadmaps are an important element in the Bonneville Power Administration's strategic approach …