165969 20260116163025.0 doi 10.1016/j.technovation.2005.03.008 sideral 57301 ART-2006-57301 eng Gimenez,G. Universidad de Zaragoza (orcid)0000-0003-3702-4017 Investment in new technology: Modelling the decision process 2006 This 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. info:eu-repo/semantics/closedAccess All rights reserved http://www.europeana.eu/rights/rr-f/ 0.582 2006 ENGINEERING, INDUSTRIAL 18 / 32 = 0.562 2006 Q3 T2 MANAGEMENT 55 / 78 = 0.705 2006 Q3 T3 OPERATIONS RESEARCH & MANAGEMENT SCIENCE 35 / 60 = 0.583 2006 Q3 T2 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion 4008 225 Universidad de Zaragoza Dpto. Estruc.Hª Econ.y Eco.Pb. Área Economía Aplicada 26, 3 (2006), 345-350 Technovation TECHNOVATION 0166-4972 197158 http://zaguan.unizar.es/record/165969/files/texto_completo.pdf Versión publicada 2452015 http://zaguan.unizar.es/record/165969/files/texto_completo.jpg?subformat=icon icon Versión publicada oai:zaguan.unizar.es:165969 articulos driver 2026-01-16-14:53:53 ARTICLE