Technology evaluation has been increasingly important because of the pressing needs of new product introduction in a competitive global market. To select the most appropriate technology, a firm needs to have a robust technology evaluation framework to evaluate several technology candidates based...

The demands for alternative energy resources have been increasing exponentially in the 21st century due to continuous industrial development, depletion of fossil fuels and emerging environmental consciousness. Renewable energy sources, including wind energy, hydropower energy, geothermal energy,...