Maturity Assessment of Critical Technologies

Daiane Rocha (), Gisele Lemes Veiga Araujo () and Francisco Cristovao Lourenco de Melo ()
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Daiane Rocha: Aeronautics Institute of Technology - ITA (Brazil)
Gisele Lemes Veiga Araujo: Aeronautics Institute of Technology - ITA (Brazil)
Francisco Cristovao Lourenco de Melo: Aeronautics Institute of Technology - ITA (Brazil)

Foresight and STI Governance (Foresight-Russia till No. 3/2015), 2022, vol. 16, issue 4, 71-81

Abstract: A maturity assessment of technological projects is becoming an increasingly popular tool for innovation policy. It enables the accurate determining of risks and opportunities related to the creation of high-tech products. Determining the degree of technology readiness, especially at early stages of development, increases the performance of not only government programs, but also of business projects. This article presents a software interface for such expertise, the IAE/ITA TRL Calculator, designed for the Brazilian aerospace sector. The validation within a number of cases revealed its potential applicability in a wide variety of industries. This innovative software product includes a quality user guide and an improved visual interface that allows for easy and quick identification of issues that require additional effort in order to move the evaluated technology project to a higher level of readiness.

Keywords: innovation; TRL; technology readiness levels; maturity; project management; decision support; TRL Calculator; analysis; evaluation; risk; innovation policy (search for similar items in EconPapers)
JEL-codes: O32 O33 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:hig:fsight:v:16:y:2022:i:4:p:71-81

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