A ‘Corporate Technology Stock’ Model

Abstract

A concept of ‘corporate technology stock’ (CTS), facilitates understanding of the corporate technological process. A model based on ‘depreciation’ has led to a new formula for determining appropriate corporate investments on research and technology development (RTD), and simulations have revealed the model accords satisfactorily with experience in industry. The model was extended to define corporate RTD productivity, in terms of ‘knowledge productivity’ to clarify the performance of knowledge-based activities. A key factor for collaboration is to activate knowledge exchanges among researchers and engineers. The paper concludes that a sophisticated technology market infrastructure established by introducing new market mechanisms greatly contributes to RTD collaborations.