Managing Technological Innovation: Competitive Advantage from Change

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John Wiley & Sons, Jul 3, 2003 - Business & Economics - 491 pages
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The road map for linking science and technology to financial business goals

Management of technology (MOT) is the crossroads at which technological strategy meets business strategy to create new business opportunities. Managing Technological Innovation, Second Edition introduces technology management and illustrates the importance of managing information technologies, as well as how MOT is carried out with today’s physical, biological, and information technologies.

Frederick Betz, a long-time contributor of technology management, provides a balanced focus of MOT across material, power, biological, and informational technologies. Citing numerous case studies, Betz discusses MOT from two approaches–descriptive (identifying historical patterns) and prescriptive (developing for the future)–to answer these critical questions:

  • How innovation is a competitive force
  • What a business needs to be innovative
  • How to plan innovation

Updated to reflect recent developments in biology, computers, services, and communications, this Second Edition presents helpful information on how this progress has impacted technology management. In particular, new material examines the ethical side of technology to address advances made in biotechnology and human genome research.

Managing Technological Innovation, Second Edition helps managers, scientists, and engineers meet the evolving needs of industry and government alike.

  

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Contents

Technology in Society
1
Science and Technology Infrastructure
25
Technology in Economy
46
Technological Progress
63
Product System
85
Product Development Process
111
Industrial Research and Development
119
Technology Forecasting
138
Information Function
263
HighTech Production
282
HighTech Marketing
300
HighTech Finance
316
Technical Project Management
337
TECHNOLOGY STRATEGY tHow to Plan Innovation 20 Formulating Technology Strategy
354
Physical Technology Paradigm
373
Biological Technology Paradigm
391

Industrial Dynamics
157
New HighTech Businesses
171
Technology and Ethics
191
Radical Innovation
204
Research Function
223
Engineering Function
241
Information Technology Paradigm
408
HighTech Strategy
422
Integrating Technology and Business Strategy
439
Bibliography
458
Index
472
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About the author (2003)

FREDERICK BETZ, PhD, is a professor in the Department of Management of Technological Systems at the University of Maryland University College (UMUC) in College Park.