Normative Decision Process of an Investment
Gift for a Nanotechnology Center

As the President of the State University of New York Institute of Technology (SUNY IT), the university has been willed $20 million with no will or codicil related restrictions as to the direction that the capital can be invested. The university has chosen that the best use of the $20 million is to invest into a Nanotechnology Center, which will be set to begin construction in the Spring of 2013. The decision process on how to invest the $20 million in the Nanotechnology Center will be outline by a normative approach. The normative decision process includes developing an idea for the investment in the Nanotechnology Center based upon an optimal decision. The optimal decision is that SUNY IT should invest in a Nanotechnology Center. In developing the normative decision process for investing the $20 million the paper will look at other possible options, design and implementation, technology strategy, technology policy, and tight appropriability regimes (Burgelman, Christensen, & Wheelwright, 2009). The Nanotechnology Center at SUNY IT will help meet the needs of the New York state initiative in the greater Utica area in bringing in nanotechnology jobs as part of Nano Utica (SUNY IT, 2014).
Comparing the Nanotechnology Center to Other Investment Options As New York’s public polytechnic university, SUNY IT must meet the growing demand for technical degree fields and the necessary facilities to promote growth in the state of New York. The next major project being considered is the Nanotechnology Center at the SUNY IT campus to provide for both academic experience and commercial research and development studies. According to Nano.gov, nanotechnology is “science, engineering, and technology conducted at the nanoscale, which is about 1 to 100 nanometers.” Why is nanotechnology