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Operations Research, Systems Engineering and Industrial Engineering Commons

Open Access. Powered by Scholars. Published by Universities.®

University of Tennessee, Knoxville

2017

Fuel Cell

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Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering

A Model For Sustaining New Technology Based On Government Incentives, Girish Upreti Aug 2017

A Model For Sustaining New Technology Based On Government Incentives, Girish Upreti

Doctoral Dissertations

The diffusion of new technology that provides environmental benefits may require government incentives for a duration of time, especially when the technology is expensive. The Center of Systems Research and Education (CASRE) model is developed that analyzes the impact of incentives in sustaining new technologies to allow their social acceptance. The CASRE model includes both demand and supply variables associated with incentive policy to sustain new technology. The key to market dissemination and sustainability is the Investment Tax Credit (ITC) levels provided by the government. The level of ITC is based on the current cost to the customer and the …