COMMERCIAL READINESS INDEX FOR LITTAR® ASPHALT CONCRETE

Authors

  • Laura-Florentina BOANȚĂ National University of Science and Technology POLITEHNICA Bucharest
  • Alexandru MARIN National University of Science and Technology POLITEHNICA Bucharest
  • Miron ZAPCIU National University of Science and Technology POLITEHNICA Bucharest
  • Bogdan-George RÂNEA National University of Science and Technology POLITEHNICA Bucharest

DOI:

https://doi.org/10.56177/11icmie2023.22

Keywords:

Commercial Readiness Index, Aggregated Readiness Level, Littar® asphalt concrete

Abstract

The present study aims to introduce the use of Commercial Readiness Index (CRI) for developing new materials, i.e., the novel Littar® asphalt concrete for refurbishing roads infrastructure. The analyzed indicators outlined the factors within the technology development process, making up the CRI: Technology Performance (TRL); Market Opportunities (MRL); Regulatory Environment (RRL); Stakeholder Acceptance (ARL); and Organization’s Maturity (ORL). The CRIs framework helped recognize the KPIs within the case study’s manufacturing process. It also helps companies to understand and learn about the possibilities regarding commercialization of a complex product. The technology, market, regulatory, acceptance and organizational framework, with respect to the associated uncertainties, revealed in a simple and clear way how any innovative project risks are strongly influencing the manufacturing process and commercialization of any new product.

References

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Asphalt concrete with aggregates and waste derived from recycled glass and plastics and manufacturing process Available from: https://worldwide.espacenet.com/publicationDetails/originalDocument?FT=D&date=20230622&DB=&locale=en_EP&CC=WO&NR=2023113631A1&KC=A1&ND=4, Accessed: 2023-09-15

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Published

2023-12-19

How to Cite

BOANȚĂ, L.-F. ., MARIN, A. ., ZAPCIU, M. ., & RÂNEA, B.-G. . (2023). COMMERCIAL READINESS INDEX FOR LITTAR® ASPHALT CONCRETE . International Conference of Management and Industrial Engineering, 11, 339–346. https://doi.org/10.56177/11icmie2023.22

Issue

Vol. 11 (2023): Towards Increased Business Resilience: Facing Digital Opportunities and Challenges

Section

Development Strategies and Environment

License

Copyright (c) 2023 International Conference of Management and Industrial Engineering

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