This updated, second edition of Management of Technology and Innovation: Competing Through Technological Excellence offers an understanding of the management of technology and innovation, not in isolation, but as a dynamic integrated system connected to organizational culture, knowledge management and value creation.This book will be an invaluable resource for management students and teachers studying the theory and practice of technology management.

Technology as the Driving Force of Global Industrial Competition

Technology as the driving force of global industrial competition

Capital, raw materials, land, and labour are not the only factors of production and economic growth. A more critical and crucial factor is technology, which dominates the others. It is the engine that drives the economies of nations. The wealth of nations is no longer dependent on colonialism and unequal terms of trade. Their wealth is now primarily generated by their technological strength. Countries or companies with obsolete technology and obsolescent production facilities cannot survive and grow in today's highly competitive global economy. The key to avoidance of technological backwardness and stagnation lies in the development of technology or technovation. Technology and its development, however, need to be ...

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