Technology lifecycle Cost Management and its Role in Research and Development Expenditures for industrial products – an applied research study at the General Company for Electrical and Electronic Industries

Abstract

This research highlights importance of measuring cost of technology lifecycle and its impact on research and development expenditures (R&D) by using cost management tools to analyze costs of industrial products. research problem stems from the lack of understanding regarding the impact of this relationship, both in terms of cost and technology, on industrial products, as well as when these R&D costs are recovered. research aims to determine the impact of relationship between the technology lifecycle and R&D expenditures on industrial products. research hypothesizes that adopting technology lifecycle as a method for analyzing and measuring R&D expenditures on industrial products contributes to pricing industrial products by measuring technology lifecycle costs and informing decisions regarding the development of existing products or creation of new ones. results of this research indicate a strong relationship between the technology lifecycle and R&D expenditures. Through R&D expenditures, we can design and develop existing or newly discovered technologies. R&D costs are covered or recovered at technology's maturity stage, according to its lifecycle