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Technology & Innovation Management: - PICMET Conference

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PAPERS AND PANELS<br />

Japan - New Styles of <strong>Management</strong><br />

Tomomichi Yoshikawa, Yokohama City University<br />

In Japan, especially after the 1990s, a large number of R&D-based<br />

small venture firms were established. This relatively new phenomena<br />

indicates that the new type of firm is quite different from traditional<br />

SMEs. Some of them do not produce their product; rather,<br />

they are developing a new product based on product technology. On<br />

the contrary, traditional small and medium enterprises (SMEs) are<br />

well known as competitive parts suppliers to assembly makers based<br />

on process technology. We have interviewed more than 40 R&D<br />

based venture firms, analyzed their characterizations in terms of<br />

technology, market, marketability, product differentiation, product<br />

life, increasing return and innovation process.<br />

MB-11.4 - Financing of Innovative <strong>Technology</strong> Based Ventures:<br />

Study in Indian Context<br />

Vimal Kumar, Government of India<br />

P.K. Jain, Indian Institute of <strong>Technology</strong><br />

At the present stage of globalisation of the Indian economy, it is<br />

being further realised that innovative technology-based ventures are<br />

imperative. Ever-increasing competitiveness in the technological<br />

arena around the globe on the one hand and the requirement of lowcost<br />

funds for such ventures on the other hand have made the subject<br />

a matter of serious concern to policy makers. The paper presents<br />

the financing of innovative technology-based ventures in the Indian<br />

context. The study is based on a stratified sample covering all major<br />

stake holder segments. It reveals that the funding mechanisms, interalia,<br />

are beset with higher interest rates & lack of long-term vision.<br />

MB-12 Monday, July 26, 1999<br />

10:00 - 11:30 Senate<br />

Supply Chain <strong>Management</strong> - 1<br />

Chair: David J Sherwin, Vaxjo University<br />

MB-12.1 - A Distributed GDSS for Supply Chain <strong>Management</strong><br />

Zice Song, Nanyang Technological University<br />

Robert de Souza, Nanyang Technological University<br />

Chaoyang Liu, Nanyang Technological University<br />

In this paper, the authors propose a novel framework for implementing<br />

the distributed group decision support system for supply chain<br />

management. It enables the decision-maker to have both what-if and<br />

what-best scenarios. Market mechanism, especially the price system,<br />

is applied as the coordination mechanism of the group optimization<br />

to obtain Pareto optimal solutions.<br />

MB-12.2 - Buyer-Seller Relationships in the Supply Chain: Factors<br />

Affecting Customer and Seller Commitment<br />

Chickery Kasouf, Worcester Polytechnic Institute<br />

Kevin Celuch, Illinois State University<br />

Samukta Warty, Worcester Polytechnic Institute<br />

Original equipment manufacturers (OEMs) need to develop a supply<br />

chain that is willing to invest in product development, yet sellers are<br />

often skeptical of the buyer’s commitment and thus apprehensive<br />

about making investments in project specific assets. This paper proposes<br />

a bilateral model to explain buyer-seller relationships.<br />

MB-12.3 - Modularization in NPD and Supplier-Buyer Partnerships:<br />

A Mathematical Modeling Approach<br />

Juliana Hsuan, Copenhagen Business School<br />

Modularization facilitates supply chain management as it substantially<br />

reduces and standardizes manufacturing processes, subsequently altering<br />

the nature of firms’ supplier-buyer partnerships. The mathematical<br />

model analyzes the opportunities for modularization with respect to<br />

interface constraints at component, module, sub-system, and system<br />

levels, and how it is influenced by supplier-buyer partnerships.<br />

MB-13 Monday, July 26, 1999<br />

10:00 - 11:30 Pavilion East<br />

Industry Applications-1: Utility Industry<br />

Chair: Janice L Forrester, Cytera Systems, Inc.<br />

MB-13.1 - Managing Information <strong>Technology</strong> for Improving Service<br />

Quality in the Electric Utility Industry<br />

Pratyush Bharati, Rensselaer Polytechnic Institute<br />

Daniel Berg, Rensselaer Polytechnic Institute<br />

Service quality has become increasingly important. Information<br />

<strong>Technology</strong> (IT) is integral to a service organization. The challenge is<br />

to manage IT to enhance service quality. Concepts from management<br />

information systems, communications and strategy have integrated<br />

in a conceptual model, which describes the management of IT to<br />

improve service quality. The model is backed by recent data.<br />

MB-13.2 - A Multi-Objective Economic Model to Assess and Evaluate<br />

Capital Expenditures Associated with a Foreign Utility<br />

Gregory Jones, Enron/ Portland General Operations Company<br />

Daniel Jones, Enron/Portland General Operations Company<br />

The privatization of the global energy market has presented unique<br />

problems and issues to the investor. With these unique problems and<br />

issues, the need arises for creative solutions when bringing innovative<br />

technology to a utility. The objective of the model presented<br />

herein is to assist the decision-maker in the assessment of the<br />

costs/benefits of implementing innovative technology programs into<br />

the financial performance of a utility.<br />

MB-13.3 - A System Approach Towards an Effective IT Strategy for<br />

Modern Electric Utilities<br />

Kam-Hoong Cheong, Royal Institute of <strong>Technology</strong><br />

Magnus Haglind, KTH<br />

An increasing number of electric utilities are attempting to formulate<br />

an effective information technology (IT) strategy to assist them in<br />

confronting the newly deregulated, rapidly changing business environment.<br />

Through a case study and a quantitative survey, this paper<br />

uncovers some of the weaknesses of existing IT strategy and proposes<br />

a system approach towards achieving a more effective IT strategy.<br />

MB-13.4 - Time Wars: Is There a Declining Financial Justification for<br />

Rapid Technical Advance in the Telecommunications Industry?<br />

Donald Hicks, University of Texas at Dallas<br />

Seeking to use rapid technical advance to establish their competitiveness,<br />

telecom equipment manufacturers and services providers must<br />

face questions about whether massive internal R&D investment remains<br />

financially justified. Supplementing identity-preserving innovation<br />

strategies such as internal R&D investment and strategic (embodied<br />

R&D) procurement, more spontaneous identity-transforming producer<br />

alliances have surged as an alternative route to rapid technical advance.<br />

MC-02 Monday, July 26, 1999<br />

13:30 - 15:00 Galleria-2<br />

<strong>Technology</strong> Marketing 2<br />

Chair: Robert Harmon, Portland State University<br />

MC-02.1 - Channel Strategy in the Data Projector Industry<br />

Candace Petersen, C. Petersen Consulting<br />

Robert Harmon, Portland State University<br />

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