Technology commercialization in energy-smart industries

Shiu Wan Hung, Chia Chin Chang, Ping Chuan Chen

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Mankind is living in the technology era and is seeing the influence of technology in every aspect of life, and in communities and societies. The technology commercialization (TC) marketplace for energy-smart industries plays a crucial role in increasing technology-related developments and the demand for energy. As part of a new focus on sustainability, this study examined the effects of technological attributes, market potential and environmental factors on the technology commercialization of energy-smart industries. A survey was conducted on two of Taiwan's promising high-tech industries: solar photovoltaic (PV) and light emitting diodes (LEDs). It was found that if the technologies possess the specific attributes required by the potential adopters, namely, innovativeness, generics, simplicity and compatibility, the level of market potential will be more favorable and the TC probability will be higher. Furthermore, the results of the regression analysis indicated that environmental requirements play a moderating role in affecting the relationships between market potential and TC probability. The empirical findings highlighted the role of market potential as a mediator between technological attributes and the likelihood of commercialization. Furthermore, environmental factors were found to moderate the influence of market potential on technology commercialization in energy-smart industries.

Original languageEnglish
Title of host publicationPICMET'11 - Portland International Center for Management of Engineering and Technology, Proceedings - Technology Management in the Energy-Smart World
StatePublished - 2011
EventPortland International Center for Management of Engineering and Technology - Technology Management in the Energy-Smart World, PICMET'11 - Portland, OR, United States
Duration: 31 Jul 20114 Aug 2011

Publication series

NamePICMET: Portland International Center for Management of Engineering and Technology, Proceedings

Conference

ConferencePortland International Center for Management of Engineering and Technology - Technology Management in the Energy-Smart World, PICMET'11
Country/TerritoryUnited States
CityPortland, OR
Period31/07/114/08/11

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