Analysis of Evaluation Criteria for Selecting Applications of New Technologies

Evaluation and selection of technology applications play a critical role in transforming industries, addressing global challenges, and determining business success. However, little research exists on specific criteria used to evaluate applications, often leading to decisions based on intuition. This study analyzes evaluation criteria to identify key factors, ranking them based on the frequency of mention and publication year. The analysis reveals that Novelty and Market are highly important criteria, while Quantity and Intuition receive less attention. Criteria like External Environment, Resources, and Strategy remain relevant and evolving. Ranking provides a valuable starting point for decision-making, untangling the complexity of evaluation criteria. Organizations can use this information, combined with other frameworks and expert input, to make informed decisions about technology applications.