Valuing technology along a timeline of technological maturity
by Clare Farrukh, Marcel Dissel, Karen Jackson, Robert Phaal, David R. Probert
International Journal of Technology Management (IJTM), Vol. 48, No. 1, 2009

Abstract: The issue of assessing technology for business application remains a foremost concern for managers in industry. Many managers know that there is something unsatisfactory about the standard use of Discounted Cash Flow (DCF) techniques, particularly when there is high uncertainty and a need for strategic flexibility. However, whatever the lack of hard data, it is also unsettling to rely on pure 'gut feel'. It is proposed that a time-based view of valuation, built on technological maturity concepts, can assist in the assessment of technology development projects. The paper draws on interviews in UK telecommunications, aerospace and pharmaceutical companies.

Online publication date: Fri, 10-Apr-2009

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Technology Management (IJTM):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com