Technology Risk

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The Experts below are selected from a list of 217149 Experts worldwide ranked by ideXlab platform

Ruoshui Wang - One of the best experts on this subject based on the ideXlab platform.

  • china s wind industry policy lessons for domestic government interventions and international support
    Climate Policy, 2009
    Co-Authors: Xiliang Zhang, Shiyan Chang, Molin Huo, Ruoshui Wang
    Abstract:

    The dynamics of the development of China's wind power industry were investigated from a dual perspective of domestic government interventions and international support. The progress of China's wind power industry is largely attributed both to the effective implementation of a bundle of domestic public policies (such as the wind power concession programme, mandatory renewable power market share, power surcharge for renewables, and tax relief) and international support (in the forms of Technology transfer, CDM and public finance support). Wind power has great potential for mitigating China's future CO2 emissions. However, resource uncertainty, Technology Risk, and market uncertainty will need to be addressed in order to translate the potential into market reality. Enhancing domestic Technology R&D support, increasing the level of the power surcharge for renewables, international support (e.g. CDM), and improving Technology transfer will assist in minimizing these uncertainties and Risks. Policy relevance: I...

  • china s wind industry policy lessons for domestic government interventions and international support
    Climate Policy, 2009
    Co-Authors: Xiliang Zhang, Shiyan Chang, Molin Huo, Ruoshui Wang
    Abstract:

    The dynamics of the development of China's wind power industry were investigated from a dual perspective of domestic government interventions and international support. The progress of China's wind power industry is largely attributed both to the effective implementation of a bundle of domestic public policies (such as the wind power concession programme, mandatory renewable power market share, power surcharge for renewables, and tax relief) and international support (in the forms of Technology transfer, CDM and public finance support). Wind power has great potential for mitigating China's future CO 2 emissions. However, resource uncertainty, Technology Risk, and market uncertainty will need to be addressed in order to translate the potential into market reality. Enhancing domestic Technology R&D support, increasing the level of the power surcharge for renewables, international support (e.g. CDM), and improving Technology transfer will assist in minimizing these uncertainties and Risks. Policy relevance: International technological cooperation is illustrated in terms of how domestic policy and international support interact through constructive domestic policies, private-sector joint ventures, and international capacity building and financial support. The definition of a new objective for future policy (large-scale penetration of wind in the Chinese power system) allows for the identification of future priorities for Technology cooperation. Large amounts of intermittent generation require new technologies and practices for grid operation and management, and better adaptation of turbine design to domestic materials and local conditions. Win-win options exist, but need to be supported by capacity building and frameworks that balance incentives for international Technology companies against Chinese concerns over dependence on imported Technology and high licensing fees.

V C Ramesh - One of the best experts on this subject based on the ideXlab platform.

  • real options for Risk management in information Technology projects
    Hawaii International Conference on System Sciences, 1999
    Co-Authors: D Chatterjee, V C Ramesh
    Abstract:

    Given the rapid pace of technological innovation, IT projects (especially software projects) are fraught with Technology Risk. Anticipating the pace of future innovation is difficult but essential. Furthermore, once a decision is made to invest in a current Technology, additional Risks are involved in deciding exactly how much to invest at each stage of the implementation process. Financial options are extensively used for Risk management in various industries. Real or embedded options are analogs of these financial options and can be used for everlasting investment decisions made under significant uncertainty. Real options can be identified in the form of opportunity to invest in a currently available innovative project with an additional consideration of the strategic value associated with the possibility of future and follow-up investments due to emergence of another related innovation in future. We explain how option valuation techniques can be used for assessment and management of Risks in the adoption of technological innovations. We also present a new Risk driven process framework that is well suited for Risk management of software projects.

Houston H. Carr - One of the best experts on this subject based on the ideXlab platform.

  • Risk analysis for information Technology
    Journal of Management Information Systems, 1991
    Co-Authors: Rex Kelly Rainer, Charles A. Snyder, Houston H. Carr
    Abstract:

    As Information Technology (IT) has become increasingly important to the competitive position of firms, managers have grown more sensitive to their organization's overall IT Risk management. Recent publicity concerning losses incurred by companies because of problems with their sophisticated information systems has focused attention on the importance of these systems to the organization. In an attempt to minimize or avoid such losses, managers are employing various qualitative and quantitative Risk analysis methodologies. The Risk analysis literature, however, suggests that these managers typically utilize a single methodology, not a combination of methodologies. This paper proposes a Risk analysis process that employs a combination of qualitative and quantitative methodologies. This process should provide managers with a better approximation of their organization's overall information Technology Risk posture. Practicing managers can use this proposed process as a guideline in formulating new Risk analysis procedures and/or evaluating their current Risk analysis procedures. ABSTRACT FROM AUTHOR

Xiliang Zhang - One of the best experts on this subject based on the ideXlab platform.

  • china s wind industry policy lessons for domestic government interventions and international support
    Climate Policy, 2009
    Co-Authors: Xiliang Zhang, Shiyan Chang, Molin Huo, Ruoshui Wang
    Abstract:

    The dynamics of the development of China's wind power industry were investigated from a dual perspective of domestic government interventions and international support. The progress of China's wind power industry is largely attributed both to the effective implementation of a bundle of domestic public policies (such as the wind power concession programme, mandatory renewable power market share, power surcharge for renewables, and tax relief) and international support (in the forms of Technology transfer, CDM and public finance support). Wind power has great potential for mitigating China's future CO2 emissions. However, resource uncertainty, Technology Risk, and market uncertainty will need to be addressed in order to translate the potential into market reality. Enhancing domestic Technology R&D support, increasing the level of the power surcharge for renewables, international support (e.g. CDM), and improving Technology transfer will assist in minimizing these uncertainties and Risks. Policy relevance: I...

  • china s wind industry policy lessons for domestic government interventions and international support
    Climate Policy, 2009
    Co-Authors: Xiliang Zhang, Shiyan Chang, Molin Huo, Ruoshui Wang
    Abstract:

    The dynamics of the development of China's wind power industry were investigated from a dual perspective of domestic government interventions and international support. The progress of China's wind power industry is largely attributed both to the effective implementation of a bundle of domestic public policies (such as the wind power concession programme, mandatory renewable power market share, power surcharge for renewables, and tax relief) and international support (in the forms of Technology transfer, CDM and public finance support). Wind power has great potential for mitigating China's future CO 2 emissions. However, resource uncertainty, Technology Risk, and market uncertainty will need to be addressed in order to translate the potential into market reality. Enhancing domestic Technology R&D support, increasing the level of the power surcharge for renewables, international support (e.g. CDM), and improving Technology transfer will assist in minimizing these uncertainties and Risks. Policy relevance: International technological cooperation is illustrated in terms of how domestic policy and international support interact through constructive domestic policies, private-sector joint ventures, and international capacity building and financial support. The definition of a new objective for future policy (large-scale penetration of wind in the Chinese power system) allows for the identification of future priorities for Technology cooperation. Large amounts of intermittent generation require new technologies and practices for grid operation and management, and better adaptation of turbine design to domestic materials and local conditions. Win-win options exist, but need to be supported by capacity building and frameworks that balance incentives for international Technology companies against Chinese concerns over dependence on imported Technology and high licensing fees.

D Chatterjee - One of the best experts on this subject based on the ideXlab platform.

  • real options for Risk management in information Technology projects
    Hawaii International Conference on System Sciences, 1999
    Co-Authors: D Chatterjee, V C Ramesh
    Abstract:

    Given the rapid pace of technological innovation, IT projects (especially software projects) are fraught with Technology Risk. Anticipating the pace of future innovation is difficult but essential. Furthermore, once a decision is made to invest in a current Technology, additional Risks are involved in deciding exactly how much to invest at each stage of the implementation process. Financial options are extensively used for Risk management in various industries. Real or embedded options are analogs of these financial options and can be used for everlasting investment decisions made under significant uncertainty. Real options can be identified in the form of opportunity to invest in a currently available innovative project with an additional consideration of the strategic value associated with the possibility of future and follow-up investments due to emergence of another related innovation in future. We explain how option valuation techniques can be used for assessment and management of Risks in the adoption of technological innovations. We also present a new Risk driven process framework that is well suited for Risk management of software projects.