Contents -- Introduction -- Paradigms for the Knowledge Economy -- New Innovation Management Paradigms in the Knowledge-Driven Economy Antonio Hidalgo and Jost Albors -- 1. Introduction: The Knowledge Economy -- 2. Knowledge and Innovation Management -- 3. Innovation Management Techniques -- 4. Key Perceptions of the Leading Actors -- 4.1. Role of each actor -- 4.2. Difficulties and challenges in facing the knowledge-driven economy -- 5. Business Relevance of IMTs -- 6. Conclusions -- References -- The Many Facets of Uncertainty and the Structure of Cooperation Hanna Kuittinen, Ari Jantunen, Kalevi Kylaheiko, and Jaana Sandstrom -- 1. Introduction -- 2. Hypotheses -- 2.1. Asset specijkity as a transaction cost determinant -- 2.2. Many facets of uncertainty as determinants of transaction costs and benefits -- 2.3. Industry evolution and radical technological uncertainty as determinants of transaction beneflts -- 3. Data and Methods -- 3.1. Data -- 3.2. Measures -- 4. Results -- 5. Discussion and Conclusions -- References -- R&D, Innovation and Market Returns -- R&D Intensity and Firm Performance-Sectoral Differences Hanna Kuittinen, Kaisu Puumalainen, and Ari Jantunen -- 1. Introduction -- 2. R&D Productivity and Sectoral Differences in the Nature of Innovation -- 3. Methodology -- 3.1. Data -- 3.2. Results -- 4. Conclusions -- References -- An Analysis of High Profitability Mechanism by Means of Dynamism between Technological Diversification, Learning and Functionality Development Noritomo Ouchi and Chihiro Watanabe -- 1. Introduction -- 2. Learning Curve of Copying Machines -- 3. Creating New Functionality due to Effective Utilization of Inter-spillover and Intra-spillover -- 4. System Dynamics Model -- 4.1. Overview -- 4.2. Research and development -- 4.3. Production -- 4.4. Finance -- 4.4.1. Cost -- 4.4.2. Price and profit -- 4.4.3. R&D funds.

4.5. Organizational experience and knowledge -- 4.5.1. Organizational experience -- 4.5.2. Organizational knowledge -- 4.6. Simulation -- 5. Conclusions -- Acknowledgements -- Appendix A -- References -- An Analysis of Dynamism between Market Sensitivity to Technology and Optimal R&D Intensity Yuji Tou -- 1. Background -- 1.1. Investment in research and development: The situation in Japan -- 1.2. Structural reform of Japanese firms -- 1.3. Improvement of quality of technology and structural reform -- 2. Measurement of Technological Advancement -- 2.1. Measuremenf of TFP -- 2.2. Trends in TFPgrowth rate in Japan's electric machineryBrms -- 3. Dynamism of Quality of Technology and Structural Reform -- 3.1. Corporate evaluation through principal component analysis -- 3.2. Dynamism between TFP and corporate structure -- 3.3. Market evaluation of quality of technology -- 4. Conclusion -- References -- Evaluation of Nuclear Knowledge Management for the Light Water Reactor and Fusion Reactor: A Case Study of Japan Atomic Energy Research Institute (JAERI) Kazuaki Yanagisawa -- 1. Introduction -- 2. Purpose and Method -- 2.1. Nuclear knowledge management (NKM) -- 2.2. Purpose -- 3. Results and Discussion -- 3.1. Light water reactor (L WR) -- 3.1.1. Economic impact of L WR on the electricity market -- 3.1.2. A share of JAERI -- 3.2. Fusion Reactor (FR) -- 3.2.1. A cost reduction of electricity due to commercialized FR -- 3.2.1.1. Assumptions necessary to make the estimation -- 3.2.1.2. Results of estimation -- 3.2.1.3. The contribution by Japan to the total cost reduction in the world -- 3.2.1.4. The contribution of JAERI to domestic cost reduction -- 3.2.2. A CBE during creation of the FR market -- 3.2.2.1. Retail sale of electricity generated by commercialized FR -- 3.2.3, Summary ofFR -- 4. Conclusions -- Acknowledgements -- References.

Technology Balance: Technology Valuation According to IASB's Value in Use Approach Giinther Schuh, Sascha Klapper and Christoph Haag -- 1. Introduction -- 2. State-of-the-Art in Technology Valuation -- 2.1. IASB-approved valuation categories -- 2.2. Current valuation methods for intangible assets -- 2.2.1. Multiple methods ("Rules of Thumb ") -- 2.2.2. Excess return approaches -- 2.2.3. Indicator approaches -- 2.2.4. Market derived measures -- 2.2.5. Discounted cash flow methods -- 2.2.6. Real option approach -- 3. Development of the Technology Balance -- 3.1. State-of-the-art approaches -- 3.2. Concept of the technology balance methodology -- 3.2.1. Scenario specification -- 3.2.1.1. Development phase -- 3.2.1.2. Commercialization phase -- 3.2.2. Technology readiness model -- 3.2.3. Expected cash flow model -- 3.2.4. Prognosis adjustment model -- 3.2.5. Technology value calculation -- 4. Summary -- References -- The Economic Value of Green Technologies and Sustainable Development -- A Modeling Framework for the Diffusion of Green Technologies Mitsutaka Matsumoto, Shinsuke Kondoh, Jun Fujimoto and Keijiro Masui -- 1. Objective -- 2. Existing Models -- 2.1. Economic rationalistic model -- 2.2. Logistic curve model -- 2.3. Multi-agent model -- 3. Model Formulation -- 4. Analysis of Diffusion of Clean Energy Vehicles Using the Proposed Model -- 4.1. Model setting -- 4.2. Simulation results -- 5. Conclusion and Future Research -- Acknowledgement -- References -- A Green Operations Framework and Its Application in the Automotive Industry Breno Nunes and David Bennett -- 1. Introduction -- 2. Green Operations -- 3. Practices for Green Operations -- 3.1. Green buildings -- 3.2. Eco-design -- 3.3. Green supply chains -- 3.4. Green manufacturing -- 3.5. Reverse logistics -- 4. A Generic Framework for Green Operations.

5. Application of the Green Operations Framework in the Automotive Industry -- 5.1. Environmental SWOT and its link to the operations function (Steps i and ii) -- 5.2. Investigating customer-value, feasibility andor cost-benefit relationship (Step iii) -- 5.3. Implementation and monitoring (Step iv) -- 5.4. Critical analysis of objectives, environmental andfinancial performance (Step v) -- 5.5. Develop a sustainable competitive advantage (Step vi) -- 6. Final Considerations and Conclusions -- Acknowledgements -- References -- Creating Value with Forest-Based Biomass - Traditional Industries Seeking New Business Opportunities. Satu Patari, Ari Jantunen, and Jaana Sandstrom -- 1. Introduction -- 2. The Evolving Energy Business with Emphasis on Bioenergy -- 2.1. Role of renewable energy sources in the energy business -- 2.2. Role of forest-based biomass in the PPI -- 3. Empirical Data Collection -- 4. Bioenergy as the Interfaces of Forest and Energy Sectors -- 5. Forest-Based Biomass as a Source of Energy -- 6. Conclusions -- References -- Innovation and Sustainable Development in Wood Furniture Design Olivier Chery and Elise Marcandella -- 1. Introduction -- 2. The Methodology -- 2.1. What is sustainable development? -- 2.2. The proposed methodology -- 3. Step 1: Characterization of the Sustainability -- 3.1. What is the sustainability of a product? -- 3.2. Regulatory, political and economical framework -- 4. Step 2: Methods to Evaluate Sustainability -- 5. Step 3: Sustainability Evaluation in the Pre-Design Phase -- 6. Application to the Wood Furniture Sector in Lorraine -- 6.1. The study's context -- 6.2. Our methodology applied to the wood furniture sector -- 6.2.1. Step I : Characterization of the sustainability -Definition of a sustainable furniture -- 6.2.2. Step I b: Regulation, political and economical framework.

6.2.3. Step 2: Methods to evaluate the sustainable development -- 6.2.4. Step 3: Construction of the sustainability index -- 7. Conclusion and Final Perspectives -- Acknowledgement -- References -- Sustainable Development and Technology Management. Alan C. Brent and Marthinus W. Pretorius -- 1. Introduction -- 2. Objectives of the Chapter -- 3. Methods -- 4. Discussion -- 4.1. A conceptual framework for technology management -- 4.2. Defining a conceptual technology management framework in the context of sustainable development -- 4.3. Emerging technology management practices related to sustainable development -- 4.4. Sustainability performance indicators for technology management -- 5. Conclusions -- References -- The Knowledge Chain and Value Creation -- Commercializing Breakthrough Technologies: Scenarios and Strategies J. Roland Ortt, Chintan M. Shah, and Marc A. Zegveld -- 1. Introduction -- 2. The Process of Development and Diffusion of Breakthrough Technologies -- 3. Strategies During the Process -- 4. Case Studies -- 4.1. Actors -- 4.2. Applications and customer segments -- 4.3. Business models -- 5. Conclusions -- 6 . Discussion -- References -- Industrialization Guidelines for South Africa's Pebble Bed Modular Nuclear Reactor Programme Andre Buys -- 1. Introduction -- 2. PBMR Industrialization Plan -- 2.1. PBMR system life-cycle model -- 2.2. PBMR system breakdown structure -- 2.3. Survey of required industrial capabilities -- 2.4. Audit of industrial capabilities -- 3. PBMR Industrialization Guidelines -- 3.1. Methodology -- 3.2. Guideline logic -- 3.3. Evaluation of input variables (Strategic Requirements, Market Considerations, Current Capabilities) -- 4. PBMR Industrialization Guidclines -- 5. Summary and Conclusions -- References -- A Longitudinal Analysis of Inventors' Movements in Technology Clusters. Jiang He and M. Hosein Fallah.

1. Introduction.