Technology forecasting: Focusing on main system or aggregation of subsystems

Gizem Intepe, Tufan V. Koc

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

2 Citations (Scopus)

Abstract

A complex product system consists of numerous subsystems organized in a hierarchical fashion. In literature there exists a tendency in measuring the life cycle of main system by using parameters which characterize the performance of that main technology. This may lead to problems in investment decisions for technology renewal since the forecast of main system technology lifecycle is associated but does not fully represent its subsystems lifecycle. This paper intends to clarify this problem with a case study by showing while the main system is in its midlife; some of the subsystems are approaching their limits and requires urgent radical investment. As a case study refrigerator system is used and the relevant life cycles are obtained using growth curves as a technology forecasting tool. The findings are discussed and suggestions for the need of a multiple level of analysis are given in the discussion section.

Original languageEnglish
Title of host publicationPICMET 2015 - Portland International Center for Management of Engineering and Technology
Subtitle of host publicationManagement of the Technology Age, Proceedings
EditorsTugrul U. Daim, Dilek Cetindamar Kozanoglu, Dundar F. Kocaoglu, Timothy R. Anderson, Gary Perman, Kiyoshi Niwa
PublisherPortland State University
Pages2133-2138
Number of pages6
ISBN (Electronic)9781890843328
DOIs
Publication statusPublished - 21 Sept 2015
EventPortland International Center for Management of Engineering and Technology, PICMET 2015 - Portland, United States
Duration: 2 Aug 20156 Aug 2015

Publication series

NamePortland International Conference on Management of Engineering and Technology
Volume2015-September

Conference

ConferencePortland International Center for Management of Engineering and Technology, PICMET 2015
Country/TerritoryUnited States
CityPortland
Period2/08/156/08/15

Bibliographical note

Publisher Copyright:
© 2014 Portland International Conference on Management of Engineering and Technology.

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