technological risk

The inherent risk in limited recourse financing of a construction project that a newly designed plant will not operate to specification.

Accounting dictionary. 2014.

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  • technological risk — 1) The risk to a business from changing technology. 2) The inherent risk in project financing schemes that the newly constructed plant will not operate to specification. Compare completion risk; supply risk …   Big dictionary of business and management

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  • Technological change — Original model of three phases of the process of Technological Change Technological change (TC) is a term that is used to describe the overall process of invention, innovation and diffusion of technology or processes[1][2]. Th …   Wikipedia

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