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Management of Technology and Innovation

Management of Technology and Innovation
Competing Through Technological Excellence

Second Edition
  • P N Rastogi - Indian Institute of Management, Lucknow, India

June 2018 | 386 pages | SAGE Response
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. To enhance the understanding of the hypercompetitive industrial markets of the globe, this edition carries two new chapters focusing on how technological innovation can lead to wealth creation. In doing so, it weaves wealth creation with other seminal concepts of social capital, human capital and knowledge management. An additional appendix outlines a few technologies and approaches that are useful in technology management.

Management of Technology and Innovation: Competing through Technological Excellence provides a synoptic account of the diverse dimensions of technology management, from incremental innovation, integration of design and manufacture to technological innovation and creation of hybrid technologies. It provides an outline of the rationale of the strategic evaluation of investments in technology, and brings about its contrast with the conventional accounting framework of net present value (NPV) and discount cash flow (DCF) analyses. It also discusses the national technological/industrial policies of USA and Japan.

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
PART I: Concepts and Themes
The Axes and Atlas of Technology Strategic Management of Technology
PART II: Manufacturing Technology
Productivity and Incremental Innovation
Technology Absorption
Structure of World Class Manufacturing
Crucial Issues in Flexible Technology
Strategic Evaluation of Technological Investments
PART III: Technology Development
The Product Development Cycle - Integration of Design and Manufacturing
Management of Technological Innovation
Technology Fusion and the New R&D
Core Competencies in Technology and its Commercialization
PART IV: The Organizational Support System
Structural Imperatives of Technology Management
Building Organization Culture
The Organization as a Laboratory for Learning
PART V: Cooperation between Government and Industry
Role, Rationale and Requisites of National Technology Policy
Coping with Continuous Change-The Structure of the Japanese Innovation System
Spectrum of Technological Excellence and Generation of Wealth
Prosperity of Companies and Countries - Is Social Capital the Missing Resource?
Appendix I Methods for Coping with Uncertainty in Technovation and New Product Development
Appendix II. Some Useful Methods and Approaches
References and Select Bibliography

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