Technology Evaluation
Technology evaluation is a set of principles, methods and techniques/tools for effectively assessing the potential value of a technology and its contribution to a company . It is one of the most significant methodologies in innovation and technology transfer, utilised in screening new ideas, assessing innovative or not innovative products and technologies. It is a powerful technique for an organization in examining new ideas, identifying and analyse causes or potential change, develop and plan possible solutions, and finally select and implement a proposed technology.