How Do You Determine If a New Technology Has Value?

George Vekinis
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George Vekinis: National Centre for Scientific Research Demokritos

Chapter Chapter 8 in Mastering Technology Transfer: From Invention to Innovation, 2023, pp 65-80 from Springer

Abstract: Abstract An idea for a new technology is potentially valuable if there is potential demand for it or if there is clear indication that its properties or characteristics are competitive in one or more fields. Many intrinsic and extrinsic factors decide the value of the idea but usually the inventor can only influence the former. Value of a new idea for a technology is a relative quantity and is often determined in comparison to or in juxtaposition with other, competing, technologies for the same application.

Date: 2023
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DOI: 10.1007/978-3-031-44369-5_8

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