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| Author: | Merino, D. N. |
| Title: | Developing economic and non-economic incentives to select among technical alternatives. |
| Journal: | Engineering Economist
1989 : SUMMER, VOL. 34:4, p. 275-290 |
| Index terms: | CAPITAL INVESTMENT ECONOMETRIC MODELS INVESTMENT INCENTIVES PROFITABILITY R&D TECHNOLOGY ASSESSMENT |
| Language: | eng |
| Abstract: | Improving the way that R and D projects are chosen, it is possible to improve the contribution that technology makes to corporate profitability. This was the conclusion reached from a survey conducted by the Industrial Research Institute, which gathered replies from R and D directors of 64 companies representing every major industrial sector. A number of respondents indicated that they used Technical Limits Analysis to develop "targets" and "potential improvements" to guide their technical efforts. A specific approach is provided to develop economic and non-economic incentives to select among technical projects. Its use in managing technology is discussed. The main objectives, some key assumptions and limitations are stated. |
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