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The ‘Techno-Economics’ of R&D

A series of activities are required to foster innovation in the chemical industry. One of the most critical first steps is to determine if a technology is commercially viable. This discipline is known as "techno-economics," in which an expert team analyzes the variables required to introduce a new innovation into the marketplace, which include costs [...]

Disaster Response Planning: MATRIC and Prime Partner Azimuth Inc. Deliver Value

In a post 9/11 and Hurricane Katrina world, as federal and state governments expand their focus on emergency preparedness, the Mid-Atlantic Technology, Research & Innovation Center's (MATRIC) advanced systems technologies division has helped develop a tool to aide such efforts. The  Modeling & Simulation (M&S) Consequence Management System can assist with attack and disaster preparation, [...]

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