Technology transfer evaluation in the high technology industry : an interdisciplinary perspectives

Abstract

The objective of this study is to suggest a novel approach to evaluate the potential for commercialisation of a new technology by developing a framework. More specifically, this study will examine the 'ex-ante' evaluation of the technology transfer process, in this case where the final application falls in the asset management discipline. For this purpose, a case study focusing on a chosen technology stemming from the
high technology sector will be used. The technology relates to the application of software for detection of weak signals which is an established method of signal processing in the field of astronomy. This technology has the potential to be used in areas other than astronomy with several possible applications in
asset management such as detecting water leakage in pipes amongst others. The applicability to detect water leakage is chosen owing to several problems with detection in the industry as well as the impact it can have in saving water in the environment.
This study, therefore, will demonstrate the importance of interdisciplinary and cross-disciplinary technology transfer. The study will employ both technical and business evaluation methods including lab experiments and using the Delphi technique to address the research questions. In conclusion, the chosen technology's commercial potential will be tested through expert opinion thereby focusing on the impact of
a new technology and the feasibility of alternate applications and potential future applications.