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Presentation ON Technology & Management of Technology: By: Group
Presentation ON Technology & Management of Technology: By: Group
ON
TECHNOLOGY &
MANAGEMENT OF
TECHNOLOGY
BY: GROUP - 1
TECHNOLOGY
“Technology can be defined as all the knowledge,
products, processes, tools, methods and system
employed in the creation of goods or in providing
services.”
Natural
Science
Engineering Social
MOT Science
Business Industrial
Theory Practice
Factors contributing to wealth creation
Labor
technology
Natural
resources
Wealth
Creation
Capital Market
Public and
Environment
Policy
The technological environment
DIP means total hardship,we are taking out to design a new invention.
The market policies depend upon the DIP.
Technology life Cycle
Physical limit
Technology
Improvement
Period
Techno logy Performance
New Mature
Invention Technology
Parameter
period Aging
{Embryon
ic)
Growth
Time
The degree to which innovation is
perceived to be offering better advantage
than does existing practice. Ex. Less
expensive method of producing a
product
The degree to which the innovation is
compatible with the value and needs of
the user.
The example of physician : trail basis
medicine.
The example of dish: eg. Tata sky.
Stages
1. Bleeding edge - any technology that shows high potential but hasn't
demonstrated its value or settled down into any kind of consensus.
Early adopters may win big, or may be stuck with a White elephant
2. Leading edge - a technology that has proven itself in the marketplace
but is still new enough that it may be difficult to find
knowledgeable personnel to implement or support it.
3. state of the art - when everyone agrees that a particular technology
is the right solution.
4. Dated - still useful, still sometimes implemented, but a replacement
leading edge technology is readily available.
5. Obsolete - has been superseded by state-of-the-art technology,
maintained but no longer implemented.
Life cycle Of Technology and Product
a. Concept design
A. Technology development
prototypes
B. Application Launch
b. Product
C. Application Growth Launch
D. Mature Technology c. Product
E. Technology Substitute Growth
F. Technology Obsolescence d. Mature Stage
(end) e. Substitution
product
f. Product
Obsolescence.
Innovation Opportunities
Opportunities for Market Pull
of technology Push
Technological change
DRIVERS
PROCESS
OUTPUTS
On the other hand to the environmental factor very
frequently stimulate innovation -:
(1)Market Pull
(1)Organization Structure
(2)Resources
(3)Openness to external information
(4)Informal internal communication.
Thank You !!!