nature of technological change & economics of technology management

Dr. Pradeep Desai

S3:

Nature of Technological change & Economics of Technology management 21 Nov 2016

Technology and Innovation

Contents 1 Types of Technology

2 Technological Changes

3 Technology Management

4 Economics of Technology Management

5 References

© 2016. All Rights Reserved.

Types of Technology

• Production, Process,…

• Agriculture, Environmental,...

• Material, Transportation, Energy and Power

• Medical,…


HR Aspect in Technology

• Technology Manager, Head, Leader,…

• Technologists

• Skilled in tools, process and methodologies

• Technical trainings

• Technical competency

• Technical career path


External Aspects - Technology

• Policies

• Environment

• Infrastructure

• Vendors /Partners



Technology Change /Revolution Transformation from Agriculture to Industrial First Industrial Revolution (1760 - 1840)

Hand production methods to machines, new chemical manufacturing and iron production processes, improved efficiency of water power, the increasing use of steam power,... steam-powered ships and railways… Second Industrial Revolution (1840)

Development of internal combustion engine and electrical engines.


Technology Change /Revolution Steel – 1870 Steel made it possible for mass industrial mass-production


Technology Change /Revolution Digital Revolution (1970)– Beginning of the Information Age Change from mechanical and analogue electronic technology to digital electronics


Digital Technology Central to the Digital Technology-

• mass production and widespread use of digital logic circuits

• derived technologies- computers, devices, digital cellular phone, internet,…

Technology Management

Technology Identification

Technology Evaluation

and Prototyping

Technology Portfolio

Management

Technology Retirement


Economics of Technology Management

Technology Identification

Technology Evaluation

and Prototyping

Technology Portfolio

Management

Technology Retirement


1x 2x 20x 5x

References


The Information Technology Revolution. Tom Forester http://www.heattreattoday.com/2016/07/size-and-shape-of-the-us-

medical-device-industry/

New Product Development Process on High-Tech Innovation Life Cycle. Gonçalo G. Aleixo and Alexandra B. Tenera

http://www.heattreattoday.com/2016/07/size-and-shape-of-the-us-medical-device-industry/

















nature of technological change & economics of technology management

Leadership & Management