Emerging technology assessment

Author:

Chen Hongyi,Daim Tugrul U.

Abstract

PurposeThe purpose of this paper is to assess effective integration of two emerging technologies, new emerging opportunities for them and their diffusion in China.Design/methodology/approachA multi‐perspective analysis and causal models were developed to assess the emerging technologies as a result of the integration. In addition, an initial system dynamics model is developed to explore their diffusion.FindingsBased on multi‐perspective analysis and causal models in both global and national environments, problems such as security and reliability are identified. System dynamics modeling is used in this paper to assist such foresight process. Different scenarios are proposed by the modeling to offer possible solutions facilitating the development of voice and video over wireless area network (VVoWLAN) in China.Research limitations/implicationsWhile, the purpose of system dynamics modeling is to demonstrate the application of the methodology, simplifying assumptions are made. To deliver an accurate foresight model, additional data and modeling details will be required. This will lead to future works as an improvement of the model.Practical implicationsA multi‐perspective analysis and causal models were developed to assess the emerging technologies as a result of the integration. These models can easily be used by decision makers evaluating such technologies. The framework suggests that the diffusion of such emerging technologies like VVoWLAN needs to be planned strategically in order to fully realize the value of the integration opportunities identified in the first step.Originality/valueThe paper provides a framework for assessing emerging technologies in China.

Publisher

Emerald

Reference30 articles.

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