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The disciplinary body of
research in new-technology market connection is large
and diverse. From the development of R&D roadmapping
methods and ever more sophisticated market analysis
to strategic market-driven technology specification
and goal-oriented product development methods, this
is a rapidly moving and growing field.
Prior research has resulted
in broad acceptance of the view that a close connection
between product R&D and continuous market connection
activities results in reduced R&D investment risk and
cost as well as increased likelihood of market success.
Despite this prevailing view, often a lack of R&D-stage
resources and awareness of market connection needs continues
to contribute to the high rate of R&D product failures
to attract production commitments or to achieve successful
market entry.
This
has been the case in prior PIER R&D Programs as well
as elsewhere. This Program's market connection project
primarily serves to support the Program's technology
R&D projects by improving the overall quality and consistency
of "technology transfer" activities throughout the Program.
However, it also serves an important R&D purpose on
its own, by providing a new model for the conduct of
effective technology transfer and market entry efforts
within PIER as well as for other major R&D programs
in all energy-related fields.
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