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 Fusion and the New R&D

Technology fusion and the new R&D

The Western approach to technology management enjoins manufacturing firms to focus on developing a single core technology in order to achieve sustainable competitive advantages based on technical excellence. This approach holds that without a defensible core technology, the technological venture would typically have difficulty in assuming a leadership role in its target markets. It would find itself playing catch-up with its competitors. In contrast, companies that develop a strong core technology show the ability to develop new products faster, with greater reliability and quality, than unfocused companies (Roberts, 1991). The best opportunities for the rapid growth of a young firm therefore come from building an internal critical mass of engineering talent in a focused ...

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