Author :
Release : 2017
Genre : Decision making
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Development of a Technology Transfer Score for Evaluating Research Proposals by :

Download or read book Development of a Technology Transfer Score for Evaluating Research Proposals written by . This book was released on 2017. Available in PDF, EPUB and Kindle. Book excerpt: Investment in Research and Development (R&D) is necessary for innovation, allowing an organization to maintain a competitive edge. The U.S. Federal Government invests billions of dollars, primarily in basic research technologies to help fill the pipeline for other organizations to take the technology into commercialization. However, it is not about just investing in innovation, it is about converting that research into application. A cursory review of the research proposal evaluation criteria suggests that there is little to no emphasis placed on the transfer of research results. This effort is motivated by a need to move research into application. One segment that is facing technology challenges is the energy sector. Historically, the electric grid has been stable and predictable; therefore, there were no immediate drivers to innovate. However, an aging infrastructure, integration of renewable energy, and aggressive energy efficiency targets are motivating the need for research and to put promising results into application. Many technologies exist or are in development but the rate at which they are being adopted is slow. The goal of this research is to develop a decision model that can be used to identify the technology transfer potential of a research proposal. An organization can use the model to select the proposals whose research outcomes are more likely to move into application. The model begins to close the chasm between research and application -- otherwise known as the "valley of death." Next, the attributes that are necessary for successful technology transfer were identified. The emphasis of successful technology transfer occurs when there is a productive relationship between the researchers and the technology recipient. A hierarchical decision model, along with desirability curves, was used to understand the complexities of the researcher and recipient relationship, specific to technology transfer. In this research, the evaluation criteria of several research organizations were assessed to understand the extent to which the success attributes that were identified in literature were considered when reviewing research proposals. While some of the organizations included a few of the success attributes, none of the organizations considered all of the attributes. In addition, none of the organizations quantified the value of the success attributes. The quantified model was validated using a case study involving demand response (DR) technology proposals in the Pacific Northwest. The DR technologies were selected based on their potential to solve some of the region's most prevalent issues. In addition, several sensitivity scenarios were developed to test the model's response to extreme case scenarios, impact of perturbations in expert responses, and if it can be applied to other than demand response technologies. In other words, is the model technology agnostic? In addition, the flexibility of the model to be used as a tool for communicating which success attributes in a research proposal are deficient and need strengthening and how improvements would increase the overall technology transfer score were assessed. The research objective is to develop a decision model resulting in a technology transfer score that can be used to assess the technology transfer potential of a research proposal. The technology transfer score can be used by an organization in the development of a research portfolio. An organization's growth, in a highly competitive global market, hinges on superior R&D performance and the ability to apply the results. The energy sector is no different. While there is sufficient research being done to address the issues facing the utility industry, the rate at which technologies are adopted is lagging. The technology transfer score has the potential to increase the success of crossing the chasm to successful application by helping an organization make informed and deliberate decisions about their research portfolio.