A Study on Technology Evaluation and Adoption Processes of Emerging Technologies: The Case of a Semiconductor Fabless Company in Taiwan
Date Issued
2012
Date
2012
Author(s)
Chen, Chih-Yuan
Abstract
The thesis aims at addressing an adoption process for emerging technology and innovation. The decision to what and when to adopt technology and innovation underlies the success of a new product launch or a competitive business model. The adoption process facilitates the business or technology planners of an enterprise to respond to some basic issues of how to guide and prioritize the investment in technology and innovation, which and when to adopt to benefit most to the organization, and how to develop the targeted technology and innovation within the organization.
In the thesis, Gartner’s STREET process, which comprises of six stages of Scope, Track, Rank, Evaluate, Evangelize, and Transfer, is presented as the framework of adopting emerging technology and innovation at a semiconductor fabless company in Taiwan. The STREET process starts from identifying the business scope and the enterprise personality of risk tolerance at the first stage, forming structured activities of technology track, evaluate, and rank, as well as achieving a successful transfer by considering the suitable participants involved in the evaluation and transfer.
In the latter part, a case study that a semiconductor fabless company in Taiwan put the STREET process into practice for the first time to justify its practical extent and usefulness is presented. The process facilitates the business and technology planners to oversee the development status of technology and innovation for making decisions conforming to the business scope and risk tolerance. Besides, reflections from the empirical practices and recommendations are also presented for solidifying the process.
Subjects
Emerging Technology
Innovation
Adoption Process
STREET Model
Type
thesis
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