Managing advanced technology system deployment: An optimal allocation between r&d and prototype funding

Economics of Innovation and New Technology

Volumn 16, Issue 6, 2007, Pages 419-432

  Rothwell, G ^a  

^a STANFORD UNIVERSITY   (United States)

Author keywords

Advanced energy systems; Decision analysis; Energy policy; Innovation; R D management; Rd D; Rdd D; Research and development; Technology development

Indexed keywords

EID: 77953359915     PISSN: 10438599     EISSN: 14768364     Source Type: Journal    
DOI: 10.1080/10438590601153894     Document Type: Article

References (17)

1. Bolton, J., 2006. 2006 Discount Rates for OMB Circular No. A-94. Office of Management and Budget. Available online at: http://www.whitehouse.gov/omb/memoranda/fy2006/m06-05.pdf (January 18)
2. David, P., and Rothwell, G., 1996. Measuring Standardization: An Application to the American and French Nuclear Power Industries. European Journal of Political Economy,: 291–308.
3. Dutta, P. K., 1997. Optimal Management of an R&D Budget. Journal of Economic Dynamics and Control, 21: 575–602.
4. Everaert, P., and Bruggmn, W., 2002. Cost Targets and Time Pressure during New Product Development. International Journal of Operations and Production Management, 22 (12): 1339–1353.
5. Economic Modeling Working Group (EMWG). 2005. Cost Estimating Guidelines for Generation IV Nuclear Energy Systems. EMWG of the Generation IV International Forum (GIF). Available online at: http://nuclear.inel.gov/deliverables/docs/emwgguidelines_rev2.pdf
6. Electric Power Research Institute (EPRI) and Idaho National Laboratory (INL). 2006. “ The Nuclear Energy Development Agenda: A Consensus Strategy for U.S. Government and Industry ”. Palo Alto CA, USA: Electric Power Research Institute.
7. Foray, D., 2004. The Economics of Knowledge, MIT Press.
8. Johnson, N. L., Kotz, S., and Balkarishnan, N., 1995. Continuous Univariate Distributions, Vol. 2, New York: John Wiley & Sons.
9. Kobos, P. H., Erickson, J. D., and Drennen, T. E., 2006. Technological Learning and Renewable Energy Costs: Implications for US Renewable Energy policy. Energy Policy, 34: 1645–1658.
10. Lee, R., Jordan, G., Leiby, P. N., Owens, B., and Wolf, J. L., 2003. Estimating the Benefits of Government-Sponsored Energy R&D. Research Evaluation, 12 (3): 183–195.
11. National Research Council of the National Academies (NRC-NA). 2001. 2000. Energy Research at DOE: Was It Worth It? Energy Efficiency and Fossil Energy Research 1978 to, Washington, DC: National Academies Press.
12. National Research Council of the National Academies (NRC-NA). 2005. Prospective Evaluation of Applied Energy Research and Development at DOE (Phase One): A First Look Forward, Washington, DC: National Academies Press.
13. Rothwell, G., 2003a. “ Standardization, Diversity, and Learning in China's Nuclear Power Program ”. In History Matters: Essays on Economic Growth, Technology, and Demographic Change, Stanford, CA: Stanford University Press.
14. Rothwell, G., 2003b. “ Determining the Optimal Number of Prototype Systems in Commercializing New Technologies ”. In On the Diffusion of Knowledge following Disasters, Paris, France: French Ministry of the Environment.
15. Rothwell, G., 2005. Contingency in Levelized Capital Cost Estimation. AACE International Annual Meeting Transactions, June: 25–29. 2005
16. Rothwell, G. S., and Rust, J., 1995. Optimal Response to a Shift in Regulatory Regime: The Case of the US Nuclear Power Industry. Journal of Applied Econometrics, 10: S75–S118. Special Issue (December)
17. Sachon, M., and Pate-Cornell, M., 2004. Managing Technology Development for Safety-Critical Systems. IEEE Transactions on Engineering Management, 51 (4): 451–461.