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Full-Text Articles in Engineering
Exploring Technology Forecasting And Its Implications For Strategic Technology Planning, Yonghee Cho
Exploring Technology Forecasting And Its Implications For Strategic Technology Planning, Yonghee Cho
Joseph Cho
As the importance of R&D has been growing in economic growth, the accountability and effectiveness of R&D programs are highly emphasized. Especially, in times of economic downturn, the evaluation of performance in a firm is needed to justify R&D investment. In response, various attempts have been made to improve success rates of R&D projects, gain competitive advantage, and achieve a firm's growth in profitability. In particular, in industries where technological innovation is significant, strategic technology planning and R&D capabilities may be the lead ones in defining the dynamic capabilities of a firm. In addition, technology forecasting (TF) in technology planning …
Planning For Change In The Electric Power Industry: A Primer For Transactive Energy Scenario Development, Joshua Binus
Planning For Change In The Electric Power Industry: A Primer For Transactive Energy Scenario Development, Joshua Binus
Engineering and Technology Management Faculty Publications and Presentations
The electric power industry and its associated infrastructures (a.k.a. "the grid") are evolving from centrally planned, organized, and operated networks of players, technologies, and resources to systems of systems that are increasingly digitized and distributed in their operation and innovative capacity. Subsequently, strategic planners and technology managers associated with the electric power industry are faced with a range of scenarios to evaluate, including one that considers the emergence of commercialized transactive energy systems in the coming ten-year time horizon. The crafting of a transactive energy scenario can help inform technology innovation and management efforts that benefit consumers, electricity providers, and …