About this Event
150 Western Avenue, Allston, MA 02134
https://www.grid.harvard.edu/event-details/techno-economic-analysis-workshop-2You're making R&D bets without a full picture. Techno-economic modeling changes that. Join Chris Burk, PE, to see how the best tough-tech teams use it to sharpen decisions and win stakeholders.
Techno-economic modeling (TEM) is foundational to tough-tech development, yet it remains underutilized. When done well, a techno-economic model is far more than a one-off cost estimate — it’s a tool for capturing your best understanding of a technology, exploring its implications, and iteratively building on it as development progresses.
Drawing from his experience modeling more than 150 technologies, Chris Burk will share how techno-economic models are built, how they are used to sharpen R&D decisions and stakeholder communication, and how we can unlock their full potential.
Other topics will include:
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The key components of a well-built techno-economic model
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Real world examples of TEM-guided decision-making
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Overcoming barriers to good modeling
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Broader implications of TEM in the tough-tech ecosystem
About the speaker. Chris Burk is a practicing chemical engineer and founder of Burk TechnoEconomics, a consulting firm specializing in TEM for early-stage chemical, bioprocess, and energy technologies. Over the last ten years, he and his team have developed models for over 200 technologies spanning a wide range of industries.
He has taught and mentored extensively through organizations like Activate, The Engine, and Stanford Sustainability Accelerator. His book Techno-Economic Modeling for Chemical and Bioprocess Innovations (Wiley, 2025) is the first comprehensive treatment of the subject.
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