000165969 001__ 165969 000165969 005__ 20260116163025.0 000165969 0247_ $$2doi$$a10.1016/j.technovation.2005.03.008 000165969 0248_ $$2sideral$$a57301 000165969 037__ $$aART-2006-57301 000165969 041__ $$aeng 000165969 100__ $$0(orcid)0000-0003-3702-4017$$aGimenez,G.$$uUniversidad de Zaragoza 000165969 245__ $$aInvestment in new technology: Modelling the decision process 000165969 260__ $$c2006 000165969 5203_ $$aThis paper presents a model designed to throw light on the economic mechanisms determining the decision to acquire a new technology to replace an existing one. The investment decision is governed by a cost-benefit analysis, which is influenced by the factors analysed in the model described. These factors are the lapse of time between the acquisition of the technology currently in use and the moment at which the new technology becomes available; the useful life of the new technology; the speed of the innovation process; interest rates; the acquisition cost of the new technology; and learning costs. A static comparative analysis is performed on the basis of these factors with the aim of recommending the most appropriate instruments for technology policy measures. 000165969 540__ $$9info:eu-repo/semantics/closedAccess$$aAll rights reserved$$uhttp://www.europeana.eu/rights/rr-f/ 000165969 590__ $$a0.582$$b2006 000165969 591__ $$aENGINEERING, INDUSTRIAL$$b18 / 32 = 0.562$$c2006$$dQ3$$eT2 000165969 591__ $$aMANAGEMENT$$b55 / 78 = 0.705$$c2006$$dQ3$$eT3 000165969 591__ $$aOPERATIONS RESEARCH & MANAGEMENT SCIENCE$$b35 / 60 = 0.583$$c2006$$dQ3$$eT2 000165969 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/publishedVersion 000165969 7102_ $$14008$$2225$$aUniversidad de Zaragoza$$bDpto. Estruc.Hª Econ.y Eco.Pb.$$cÁrea Economía Aplicada 000165969 773__ $$g26, 3 (2006), 345-350$$pTechnovation$$tTECHNOVATION$$x0166-4972 000165969 8564_ $$s197158$$uhttps://zaguan.unizar.es/record/165969/files/texto_completo.pdf$$yVersión publicada 000165969 8564_ $$s2452015$$uhttps://zaguan.unizar.es/record/165969/files/texto_completo.jpg?subformat=icon$$xicon$$yVersión publicada 000165969 909CO $$ooai:zaguan.unizar.es:165969$$particulos$$pdriver 000165969 951__ $$a2026-01-16-14:53:53 000165969 980__ $$aARTICLE