ICTI Student Research Presentation Lunch 2010

Date: November 19, 2010
Place: Gates Building – Conference room 8102

PROGRAM in pdf

AGENDA

12 p – 1:30p
12:00p – 12:30p Buffet (Gates 8102)
12:30p - 12:50p The True Impact of Scientific Research on Industrial Technology? A Reassessment of IT Patent Citations

 Ali Shams.

 Presentation by: Ali Shams (TCE -Heniz)
Ali Shams is a third year student of the Technological Change and Entrepreneurship PhD program. His research is concerned with the relationship between academic science and industrial technology in the context of technological change in the IT industry. He has an undergraduate degree in Industrial Engineering from Sharif University of Technology, and a master's degree in Entrepreneurship Research from University of Tehran.

Summary: Economic research based on surveys, interviews, and case studies indicates that the linkage between science and industry is significant and growing in importance over time. Statistical analysis of patent-to-paper citations also strongly supports the notion of a growing science-technology linkage. However, this approach seems to suggest that the linkage is highly concentrated in the biotechnology, biomedical, and pharmaceutical domains, and comparatively weak everywhere else. This finding is not only inconsistent with previous research results, it is also difficult to reconcile with the widely held notion that the IT revolution, arguably the most significant development of our time, has grown, in no small part, thanks to important advances in IT-related scientific disciplines. This paper aims to address this apparent inconsistency. We argue that patent citations to papers in the IT industry are created in the context of a special structure of relationships between academic science and industrial R&D that gives rise to a chaining pattern in citations, which, in turn, obscures the true effect of science on technology. Our approach is inspired by a long-known phenomenon in the science bibliometrics literature called ``Obliteration by Incorporation'', which explains how scientific contributions become embedded in the pool of accepted knowledge of a field, while their sources gradually become forgotten by the community. We verify our claim using patent citation data for a sizable portion of US patents granted between 1983-1999. The results provide a new outlook on the effect of scientific research on industrial technology. Based on this outlook, we create a ranking of scientific research organizations in terms of the impact of their research on industrial R&D.

12:50p – 1:00p Q & A
1:00p – 1:20p Can a Wind Farm with Storage Survive in the Day-Ahead Market

 Brandon Mauch

Presentation by: Brandon Mauch (EPP)
Brandon Mauch is a third year student in Engineering and Public Policy at CMU and IST. His research focuses on the integration of wind energy into existing electricity grids. Prior to joining the CMUPortugal program, he worked for the U.S. Department of State.

Summary: Currently, wind farms do not participate in day-ahead electricity markets. However, in future electric grids with large wind capacity it may be necessary for wind farms to participate in day-ahead markets. This is challenging due to the variability and unpredictability of wind power. Over the past few years, several researchers have considered the possibility of using energy storage to firm wind power output and provide some level of control. We investigate the economic viability of coupling a wind farm with compressed air energy storage (CAES) to participate in the day-ahead electricity market. In our analysis we assume that renewable portfolio standards have been fully met and government subsidies have expired. The wind farm is modeled as a price taker who is free to offer any amount of electricity on the market. Optimal hourly dispatch quantities of electricity for one year are calculated using a dynamic programming model. Dispatch quantities from the model are then used with measured wind power generation data to determine hourly profits for the wind farm.

1:20p – 1:30p Q & A
1:30p Conclude