The company has a slew of innovations, most in different stages of patenting. It assiduously protects its intellectual property. Its business model relies on license fees accruing from the deployment of its technology in the Wave Energy Projects. Apart from license fees, the company participates in equity of the Special Purpose Companies that implement the projects. Being an innovation driven company in the frontiers of technology, technology management is its area of special emphasis.
Carnegie Corp. acquired CETO technologies from REH. CETO, named after a Greek god, is the only technology that enables pumping high pressure sea water ashore. This method is the most efficient method to desalinate sea water (PESWiki.com). The acquisition was in return for REH taking 35% stake in Carnegie. In addition to the intellectual property, Carnegie acquired REH’s commercial site pipeline. REH’s agreements with EDF EN also devolved upon Carnegie. Consequent to the agreement with REH, Carnegie would Build, Own and Operate CETO wave forms in the southern hemisphere, which was the domain of REH (CETO over View).
The relationship with EDF EN is a joint venture license relationship to own and operate CETO Wave Power Projects in the northern hemisphere and Reunion Island in the Indian Ocean. While Carnegie will have the right, it is not bound by any obligation to participate in any CETO wave power project developed by EDF EN in the Territory of Exclusivity. In the event REH does not exercise its right to participate in any such project, EDF EN can exercise the right in developing such project with a partner of its choice. Carnegie’s project with EDF EN, will be implemented by a Special Purpose Company (SPC). In this SPC, Carnegie receives an equity interest between 25% and 49% related to the scale of the project. The financing of the project will be through equity and debt instruments. The equity ...
Cite this document
(“Management of Technology Essay Example | Topics and Well Written Essays - 2250 words”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/380089-management-of-technology
(Management of Technology Essay Example | Topics and Well Written Essays - 2250 Words)
“Management of Technology Essay Example | Topics and Well Written Essays - 2250 Words”, n.d. https://studentshare.net/miscellaneous/380089-management-of-technology.
I have also discussed the role of technology in production and how an improvement in technology affects the production of goods. We will also see how technology impacts the offering of services to clients for those organizations that sell services to their clients.
There are different types of innovation: "Scholars who have studied innovation generally differentiate among four main types of innovation: product innovation, process innovation, organizational innovation, and marketing innovation" (Wikipedia. "Innovation".
Then, industry forces analysis shall be conducted to look at hazards faced by the company, in order to ascertain the business issues faced by the firm. Then, a technology audit will be formulated in view of these said industry patterns. Subsequently, the researcher will introduce alternative theories of technological development as witness in the global business landscape.
China had done remarkably well in hardware and ancillary product manufacture, while India has been found to be a great destination for software development and back office operations. This has transpired to huge profits for local software designers and developers in India and strong manufacturing base for machinery in China.
Every link, or discussion, needs its own devoted frequency, and the total numeral of accessible frequencies is about 1,000. To maintain more than 1,000 instantaneous dialogues, cellular systems allot a set numeral of frequencies for every cell. Two cells can use the similar frequency for dissimilar conversations so extended, as the cells are not contiguous to each other.
ules of the introduction of new products in modern firms should be discussed for understanding the difficulties that the introduction of new products in modern organizations would have to face.
Also, the methods used for managing the particular process are usually depended on
The challenge is further compounded by human resistance to change and the often existing assumption that any new technology might affect the status quo. In this respect, organizations are increasingly facing the challenge whenever they introduce new products based on new