1st European International Conference on Industrial Engineering and Operations Management

Quantitative Impacts of Independent Research and Development, Foreign and Domestic Technology Transfer on Energy Consumption

Oludolapo Olanrewaju
Publisher: IEOM Society International
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Track: Energy and Resource Efficiency
Abstract

Energy continues to play a significant role in human lives. Among the indicators that have a major part to play in the consumption of energy is intensity factor. Considering the influence of intensity on energy consumption; its reduction will go a long way in promoting the sustenance of energy supply both locally and internationally. Many activities have been investigated upon that can assist in its reduction. These activities include research and development (R&D), introduction of foreign technology and domestic technology transfer driven activities.  This study aims to evaluate these activities with the focus on minimizing energy consumption. A designed integrated model (artificial neural network and data envelopment analysis) that can be used in this regard is established. With South Africa as a case study, the model identified much concentration on foreign technology transfer as a means of energy reduction.

Keywords: Integrated model; R&D; foreign technology transfer; domestic technology transfer.

Published in: 1st European International Conference on Industrial Engineering and Operations Management, Bristol, United Kingdom

Publisher: IEOM Society International
Date of Conference: July 24-25, 2017

ISBN: 978-0-9855497-7-0
ISSN/E-ISSN: 2169-8767