Commercialization processes are modeled and analyzed from the point of view of the implementation of activities under particular stages. These issues are the subject of many studies and analyzes, which is why the extensive literature is available on this subject. Technology valuation at various stages of the commercialization process is a separate issue. Such valuation is prepared in most cases by consulting companies for determining the price in the buying and selling processes. These valuations use known methods also used in other cases, e.g., real estate valuation. The work carried out presents the author’s concept of the commercialization process model, taking into account the costs and value of the technology at various stages of the product life cycle. The model uses a stochastic approach to determine future revenues and costs, which allows estimating the value of the technology by or in determining the probability of assessment validity. The proposed stochastic approach greatly increases the chances of using the presented solutions in practical activities related to technology valuation for the purposes of purchase and sale transactions.

The industrial revolution taking place since the 18th century has brought the global economies to the stage of mass production, mass industrialization and spreading ideas connected with its efficiency. The most famous of its kind is Fordism and its modern variations called PostFordism or Neo-Fordism. We can still see traditional way of producing things in some parts of the world, and the leading economies are using Ford’s ideas or the modifications of the Ford’s concepts. But there is a question about the place of these models in the modern economy, especially because mass-production causes mass-waste and modern societies has woken up to the reality of the global pollution, climate change or just the simple fact that the amount of the raw materials is limited. The social mood is slowly changing so there should be a change to the way we produce and consume things as well. There is a question: can we proceed within existing models or should we think outside the box so we can invent more suitable way of looking at efficiency and effectiveness. The objective of this paper is to contribute to the discussion about the future of how are we going to produce things. It is based on the literature review considering Fordism and its variations, Product Life Cycle facing issues like pollution, massive waste and changes in modern economy, as well as on the case study of implementing waste reduction activities in the product’ design phase in the industrial plant based in one of the EU countries – Poland.

The goal of this paper is to present the author’s thoughts on the possible contribution of

quality engineering to sustainable development. It is indicated that in the product life cycle

designers have the greatest potential to support this challenge. Arguments have been presented to abandon the commonly accepted paradigm, according to which the overriding goal

of the designer is to achieve the highest market value possible measured by the prospected

level of demand for the products designed. It is postulated to include the minimization of

the risks brought to the natural environment and social relations as a criterion of product

design quality. To this goal, it is necessary for designers to pursue both environmentally

friendly materials and technologies and design concepts reducing consumers’ pressure on

continuously increasing demand. Such an approach will allow for more effective control of

consumption, the main cause of the negative effects of economic growth.