A first thermodynamic interpretation of the technology transfer activities
S. Ripandelli, U. Lucia

TL;DR
This paper introduces a novel thermodynamic framework to interpret and analyze technology transfer activities, aiming to improve decision-making and resource allocation in this crucial economic process.
Contribution
It applies thermodynamic laws and concepts like entropy and exergy to model and understand technology transfer, a new interdisciplinary approach in econophysics.
Findings
Thermodynamic principles can describe TT activity behavior.
Entropy and exergy analysis provide insights into TT efficiency.
The model supports decision-making to optimize resource use in TT.
Abstract
In the last years new interdisciplinary approaches to economics and social science have been developed. A Thermodynamic approach to socio-economics has brought to a new interdisciplinary scientific field called econophysics. Why thermodynamic? Thermodynamic is a statistical theory for large atomic system under constraints of energy[1] and the economy can be considered a large system governed by complex rules. The present job proposes a new application, starting from econophysic, passing throughout the thermodynamic laws to interpret and to described the Technology Transfer (TT) activities. Using the definition of economy (i.e. economy[dictionary def.] = the process or system by which goods and services are produced, sold, and bought in a country or region) the TT can be considered an important sub-domain of the economy and a transversal new area of the scientific research. The TT is the…
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Taxonomy
TopicsAdvanced Thermodynamics and Statistical Mechanics · Innovation Diffusion and Forecasting · Global Energy and Sustainability Research
