000			01251pab a2200157 454500
008			180718b1999 xxu||||| |||| 00| 0 eng d
100			_aSuresh Babu, T.K.
245			_aEvaluation and adoption of new technology - some issues
260			_c1999
300			_ap.36-40
362			_aApr-Jun
520			_aInvesting in new technology is a strategic decision and any commitment must be appraised within the context of the company's strategic business plan. New technology investment creates a strong need for corporate firms to assess the validity of their cost accounting and financial systems. The traditional decision making tools in finance undermine the strategic potential of the new technology. Further, owing to the lack of techniques to measure and quantify the new technology benefits accurately, justification of new technology investment is hindered. Typical capital justification methods undervalue or fail to consider some of the important benefits of the new technology and delay or deny its adoption. This paper discusses some of the important issues related to the evaluation and adoption of new technology investments. - Reproduced
650			_aTechnology assessment
773			_aSouth Asian Journal of Management
909			_a45574
999			_c45574 _d45574