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.

Productivity and Incremental Innovation

Productivity and incremental innovation

Productivity denotes the efficiency with which output is produced by the resources utilized. It is usually measured as a ratio relating output (goods, commodities, products, services, and so on) to one or more of the inputs (labour, capital, materials, fuel, energy, and so on) associated with that output. It expresses the volume of goods and services produced in terms of the quantities of inputs required to produce them. Production inputs involve costs. Productivity relates output to all inputs to assess net savings in real costs per unit of output. Productivity gains emerge from improvements in techniques, technology, and management of production process. These improvements result in higher production or lower costs of goods, services, and commodities. Productivity is ...

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