None of the game-changing innovations that science entrepreneurs are developing will actually change the game without also obeying the laws of capitalism. So how much does it cost to produce a new device, or a new chemical, or a kilowatt hour? Beth Zotter, our resident technology economics expert, has launched a new educational resource, called Techonomics, to help budding technologist answer these thorny questions.
We've launched Techonomics with this beta website that includes primer videos, as well as downloadable, easy to read and manipulate Excel models to estimate cost of production of a widget, chemical, or other product. Please check it out and let us know what you think!