Title :
Design of innovative recommender system for Economic Assessment with application to Advanced Process Control
Author :
Asawachatroj, Anukoon ; Banjerdpongchai, David
Author_Institution :
Technopreneurship & Innovation Manage. Program, Chulalongkorn Univ., Bangkok, Thailand
Abstract :
This paper presents a conceptual framework of the Unified Economic Assessment (UEA) which integrates the knowledge from various perspectives from the real world business. Three major aspects, namely, Technology, Economics & Finance, and Innovation Management will be considered to merge into the justification criteria of the development tool. Applied econometrics includes the application of econometric methods will be use for economic forecasting. The recommender system will provide a prudential guidance whether the application of Advanced Process Control (APC) is worthwhile for industrial project investment.
Keywords :
economic forecasting; innovation management; investment; process control; project management; recommender systems; advanced process control; applied econometrics; economic forecasting; finance; industrial project investment; innovation management; innovative recommender system design; unified economic assessment; Advanced Process Control; Business Life-Cycle; Econometrics; Economic Assessment; Innovation Management; Ontology Model; Recommender System; Technology Acceptance Model; Value Oriented Cost-Effectiveness Estimation Process;
Conference_Titel :
Electrical Engineering/Electronics, Computer, Telecommunications and Information Technology (ECTI-CON), 2011 8th International Conference on
Conference_Location :
Khon Kaen
Print_ISBN :
978-1-4577-0425-3
DOI :
10.1109/ECTICON.2011.5947905