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Design of innovative recommender system for Economic Assessment with application to Advanced Process Control

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2 Author(s)
Anukoon Asawachatroj ; Technopreneurship and Innovation Management Program, Graduate School, Chulalongkorn University, Bangkok, Thailand ; David Banjerdpongchai

This paper presents a conceptual framework of the Unified Economic Assessment (UEA) which integrates the knowledge from various perspectives from the real world business. Three major aspects, namely, Technology, Economics & Finance, and Innovation Management will be considered to merge into the justification criteria of the development tool. Applied econometrics includes the application of econometric methods will be use for economic forecasting. The recommender system will provide a prudential guidance whether the application of Advanced Process Control (APC) is worthwhile for industrial project investment.

Published in:

Electrical Engineering/Electronics, Computer, Telecommunications and Information Technology (ECTI-CON), 2011 8th International Conference on

Date of Conference:

17-19 May 2011