Science and Technology Studies Commons^™

Innovation Risk Path Assessing For A Newly Emerging Science & Technology: Illustrated For Dye-Sensitized Solar Cells, Tingting Ma, Ying Guo, Alan L. Porter

alan l porter

For “Newly Emerging Science & Technologies” (“NESTs”), uncertainty is the major challenge. Technological innovation for NESTs faces many kinds of risks that dramatically affect their development paths. This paper combines methods of risk utility theory and technology path research and explores a new innovation risk path modeling method for NEST development. Here we apply selected tools from risk utility theory and technology path research to the NEST of special concern—Dye-Sensitized Solar Cells (DSSCs). The case for DSSC commercialization is promising, but challengeable. The prospects for future development of DSSCs are good, with identifiable markets. Multi-party collaboration appears necessary in order …