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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 Dec 2015

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 …


The Prediction Predicament, William "Ike" Eisenhauer Dec 2015

The Prediction Predicament, William "Ike" Eisenhauer

Engineering and Technology Management Faculty Publications and Presentations

The article focuses on the prediction of predicament in terms of forecasting at industrial engineering level. Topics discussed include business optimize resources via forecasting; audience who cannot comprehend the methodology used for forecasting in healthcare operations; and use of forecasting for performance measurement.


The Time Has Come For Nursing Engineering, William "Ike" Eisenhauer Aug 2015

The Time Has Come For Nursing Engineering, William "Ike" Eisenhauer

Engineering and Technology Management Faculty Publications and Presentations

The article discusses the need for healthcare and educational organizations to create nursing engineering program. Topics discussed include successes in healthcare systems as engineers and healthcare professionals, integration of industrial engineering or lean and Six Sigma courses into nursing programs of the University of Alabama and modern healthcare system and modern healthcare participants that can be addressed by the new profession.


Don't Go Chasing Big Waterfalls, William "Ike" Eisenhauer Jun 2015

Don't Go Chasing Big Waterfalls, William "Ike" Eisenhauer

Engineering and Technology Management Faculty Publications and Presentations

The article focuses on the importance of simpler health systems in the U.S. Topics discussed include success of simple systems as they are well-understood, improvement of simple systems by coupling them together, handling more patient cases by larger systems by the medical laboratory technicians giving complicated results and designing simple systems by health system engineers to deal with fewer problematic cases of patients with more efficacy.