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Technology Concept Analysis

Definition: The process of determining that the physical features of the concept are potentially achievable and operational.

Objective: The objectives of the technical concept analysis are to succinctly define the concept, to assess the implementation potential of the technical aspects of the concept, and establish the uniqueness of the technical concept.

Product: The product of this activity is a verbal description, schematic, formula, conceptual model or paper design, delineating the main features of the technical concept.

Technical Activities: During the technical concept analysis, the following activities must be completed:

Define the concept fully
Demonstrate that performance assumptions are viable
Assess critical barriers to production
Survey the state-of-the-art of the technology
Estimate the working models costs.

Technical Information: The technical concept analysis usually will result in knowledge about the features of the technical concept, performance expectations, prior art, and other similar or related research and development activities.

Assessment:

Have you completed a technology database search?

Have you researched related patents or copyrights?

Have you researched technical journals and trade magazines?

Have you discussed the topic with experts?

Do you know the current state-of-the-art competitive technologies?

Have you selected the technologies for this application?

Have you determined the advantages of this technology?

Have you determined the risks for this technology?

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The Arkansas Small Business and Technology Development Center is funded in part through a cooperative agreement with the U.S. Small Business Administration through a partnership with the University of Arkansas at Little Rock College of Business and other institutions of higher education. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. It is the goal of UALR to eliminate discriminatory harassment and to promote equal opportunity regardless of race, gender, color, national origin, sexual orientation, age, religion, veteran's status, or disability.