- Author
-
O'Connor, J. T.
|
Won, S.
- Title
- Model for Work Function Characteristics-Based Prioritization of Technologies for Capital Projects.
- Coporate
- University of Texas, Austin
- Report
-
Report No. 27
July 2002
72 p.
- Keywords
-
construction
- Abstract
- The objective of this study is to build a theoretical model for identifying research and development (R&D) investment opportunities exist with high value potential. An effective prioritization methodology helps the construction industry to increase the chance of successful investments in new technology development. The gap between measures of technology demand and supply is used to determine the relative priorities of future technology development. The relative demand for technologies is hypothesized to be closely associated with particular work functions (WFs). This report developed and tested a Proof Model to prove that work function characteristics can serve as an effective model for technology demand.