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Assessment and Selection of Technologies for the Sustainable Development of an R&D Center

Author

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  • Rafael Lizarralde

    (IDEKO, Member of Basque Research and Technology Alliance, 20560 Elgoibar, Spain)

  • Jaione Ganzarain

    (Engineering Faculty, University of Mondragon, 20500 Arrasate, Spain)

  • Mikel Zubizarreta

    (Business Organization Department, University of the Basque Country UPV/EHU, 48940 Leioa, Spain)

Abstract

The central role of R&D centers in the advancement of technology within industrial enterprises is undeniable and clearly affects their strategies, their competitiveness and their business sustainability. R&D centers assume responsibility for technology recognition, collection, acquisition, development and transition. Among their activities, the efficient choice of emerging technologies in the Technology Management Process is becoming a real challenge. In such heterogeneous scenarios, Multiple Criteria Decision Making (MCDM) models are commonly proposed as an appropriate decision-making approach. Multiple research works address the selection of particular technologies in industrial applications, but very few references can be found related to research institutions, and R&D centers in particular. Therefore, a decision-making model is provided in this study following the MIVES multi criteria method for the assessment of one or more technologies. The model is then applied to two case studies related to the selection process of new technologies at a Spanish R&D Center specialized in manufacturing.

Suggested Citation

  • Rafael Lizarralde & Jaione Ganzarain & Mikel Zubizarreta, 2020. "Assessment and Selection of Technologies for the Sustainable Development of an R&D Center," Sustainability, MDPI, vol. 12(23), pages 1-23, December.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:23:p:10087-:d:455470
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