Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

The process of selecting technology development projects: a practical framework

The process of selecting technology development projects: a practical framework In this article a practical framework is proposed, that can be used to organise the activities related to the selection‐process of technology development projects. The framework is based upon recent literature and application at DAF Trucks Company. A technology development project has a long way to go, before it contributes to the productivity of the company. This long lead‐time causes uncertainties and risks. Changes in market‐preferences and upcoming alternative technologies can prematurely make the developing technology become obsolete. In order to reduce the uncertainties and risks, the main technology opportunities and threats need to be identified as early as possible and submitted to a validation process. The technology opportunities and threats then have to be moulded into well‐defined project‐propositions. Out of the project‐propositions those projects should be selected that will best meet the long‐term objectives of the company. This paper is intended to be used as a reference for companies whowant to improve their technology development selection process. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Management Research News Emerald Publishing

The process of selecting technology development projects: a practical framework

Download PDF
15 pages

Loading next page...
 
/lp/emerald-publishing/the-process-of-selecting-technology-development-projects-a-practical-wpLZ2q16an

References (10)

Publisher
Emerald Publishing
Copyright
Copyright © 2003 MCB UP Ltd. All rights reserved.
ISSN
0140-9174
DOI
10.1108/01409170310783619
Publisher site
See Article on Publisher Site

Abstract

In this article a practical framework is proposed, that can be used to organise the activities related to the selection‐process of technology development projects. The framework is based upon recent literature and application at DAF Trucks Company. A technology development project has a long way to go, before it contributes to the productivity of the company. This long lead‐time causes uncertainties and risks. Changes in market‐preferences and upcoming alternative technologies can prematurely make the developing technology become obsolete. In order to reduce the uncertainties and risks, the main technology opportunities and threats need to be identified as early as possible and submitted to a validation process. The technology opportunities and threats then have to be moulded into well‐defined project‐propositions. Out of the project‐propositions those projects should be selected that will best meet the long‐term objectives of the company. This paper is intended to be used as a reference for companies whowant to improve their technology development selection process.

Journal

Management Research News – Emerald Publishing

Published: Nov 1, 2003

Keywords: Corporate strategy; Technology‐led strategy; Selection

There are no references for this article.