The decision to invest in new technologies is a crucial question of strategy which requires a careful economic analysis. This paper presents a critical review of the most prominent project evaluation techniques, with the aim of assessing their strengths and weaknesses when applied to the appraisal of technology opportunities.
Quantitative methods for the economic appraisal of a new technology: a critical review
SCARSO, ENRICO
1997
Abstract
The decision to invest in new technologies is a crucial question of strategy which requires a careful economic analysis. This paper presents a critical review of the most prominent project evaluation techniques, with the aim of assessing their strengths and weaknesses when applied to the appraisal of technology opportunities.
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