Study on Evaluating the Sustainability of Innovative Products
In the process of product innovations, it is necessary to evaluate the sustainability of innovative products in order to meet the demands of sustainable development. So, the calculation process for evaluating the sustainability of innovative products is proposed in this paper. Firstly, the performan...
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Format: | Article |
Language: | English |
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Wiley
2019-01-01
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Series: | Advances in Materials Science and Engineering |
Online Access: | http://dx.doi.org/10.1155/2019/8493034 |
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author | Lisha Geng Jinge Xing Zaojie Kong Lixiao Geng Haiyan Gao |
author_facet | Lisha Geng Jinge Xing Zaojie Kong Lixiao Geng Haiyan Gao |
author_sort | Lisha Geng |
collection | DOAJ |
description | In the process of product innovations, it is necessary to evaluate the sustainability of innovative products in order to meet the demands of sustainable development. So, the calculation process for evaluating the sustainability of innovative products is proposed in this paper. Firstly, the performances of the innovative products in social, economic, and environmental aspects are calculated based on the concepts proposed in this paper, including social matching degree, economic feasible degree, and environmental improving rate. Then, the vector-cosine method in the three-dimensional space is proposed to calculate the sustainability integrated in the three aspects, which regards innovative products as the vectors. Both the size and direction of the vectors are considered to calculate the sustainability. Finally, a case study of the cloud rail made by BYD Company in China is provided to illustrate the validity of the proposed calculation process. |
format | Article |
id | doaj-art-beaa7f27bea84ac3bbfa470bfa4f88f8 |
institution | Kabale University |
issn | 1687-8434 1687-8442 |
language | English |
publishDate | 2019-01-01 |
publisher | Wiley |
record_format | Article |
series | Advances in Materials Science and Engineering |
spelling | doaj-art-beaa7f27bea84ac3bbfa470bfa4f88f82025-02-03T01:01:37ZengWileyAdvances in Materials Science and Engineering1687-84341687-84422019-01-01201910.1155/2019/84930348493034Study on Evaluating the Sustainability of Innovative ProductsLisha Geng0Jinge Xing1Zaojie Kong2Lixiao Geng3Haiyan Gao4School of Business Administration, Hebei University of Economics and Business, Shijiazhuang, ChinaInnovation Office, Shijiazhuang Vocational College for Scientific and Technical Engineering, Shijiazhuang, ChinaCollege of Economics and Management, Hebei University of Technology, Tianjin, ChinaCollege of Economics and Management, Hebei University of Technology, Tianjin, ChinaSchool of Mathematics and Quantitative Economics, Dongbei University of Finance and Economics, Dalian, ChinaIn the process of product innovations, it is necessary to evaluate the sustainability of innovative products in order to meet the demands of sustainable development. So, the calculation process for evaluating the sustainability of innovative products is proposed in this paper. Firstly, the performances of the innovative products in social, economic, and environmental aspects are calculated based on the concepts proposed in this paper, including social matching degree, economic feasible degree, and environmental improving rate. Then, the vector-cosine method in the three-dimensional space is proposed to calculate the sustainability integrated in the three aspects, which regards innovative products as the vectors. Both the size and direction of the vectors are considered to calculate the sustainability. Finally, a case study of the cloud rail made by BYD Company in China is provided to illustrate the validity of the proposed calculation process.http://dx.doi.org/10.1155/2019/8493034 |
spellingShingle | Lisha Geng Jinge Xing Zaojie Kong Lixiao Geng Haiyan Gao Study on Evaluating the Sustainability of Innovative Products Advances in Materials Science and Engineering |
title | Study on Evaluating the Sustainability of Innovative Products |
title_full | Study on Evaluating the Sustainability of Innovative Products |
title_fullStr | Study on Evaluating the Sustainability of Innovative Products |
title_full_unstemmed | Study on Evaluating the Sustainability of Innovative Products |
title_short | Study on Evaluating the Sustainability of Innovative Products |
title_sort | study on evaluating the sustainability of innovative products |
url | http://dx.doi.org/10.1155/2019/8493034 |
work_keys_str_mv | AT lishageng studyonevaluatingthesustainabilityofinnovativeproducts AT jingexing studyonevaluatingthesustainabilityofinnovativeproducts AT zaojiekong studyonevaluatingthesustainabilityofinnovativeproducts AT lixiaogeng studyonevaluatingthesustainabilityofinnovativeproducts AT haiyangao studyonevaluatingthesustainabilityofinnovativeproducts |