Nature and Methods of Economics: The Study of Economics Fall 2013.
Nature of Technological change & Economics of Technology management
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Transcript of Nature of Technological change & Economics of Technology management
Dr. Pradeep Desai
S3:
Nature of Technological change & Economics of Technology management 21 Nov 2016
Technology and Innovation
Contents 1 Types of Technology
2 Technological Changes
3 Technology Management
4 Economics of Technology Management
5 References
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Types of Technology
• Production, Process,…
• Agriculture, Environmental,...
• Material, Transportation, Energy and Power
• Medical,…
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HR Aspect in Technology
• Technology Manager, Head, Leader,…
• Technologists
• Skilled in tools, process and methodologies
• Technical trainings
• Technical competency
• Technical career path
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External Aspects - Technology
• Policies
• Environment
• Infrastructure
• Vendors /Partners
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© 2016. All Rights Reserved.
Technology Change /Revolution Transformation from Agriculture to Industrial First Industrial Revolution (1760 - 1840)
Hand production methods to machines, new chemical manufacturing and iron production processes, improved efficiency of water power, the increasing use of steam power,... steam-powered ships and railways… Second Industrial Revolution (1840)
Development of internal combustion engine and electrical engines.
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Technology Change /Revolution Steel – 1870 Steel made it possible for mass industrial mass-production
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Technology Change /Revolution Digital Revolution (1970)– Beginning of the Information Age Change from mechanical and analogue electronic technology to digital electronics
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Digital Technology Central to the Digital Technology-
• mass production and widespread use of digital logic circuits
• derived technologies- computers, devices, digital cellular phone, internet,…
Technology Management
Technology Identification
Technology Evaluation
and Prototyping
Technology Portfolio
Management
Technology Retirement
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Economics of Technology Management
Technology Identification
Technology Evaluation
and Prototyping
Technology Portfolio
Management
Technology Retirement
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1x 2x 20x 5x
References
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The Information Technology Revolution. Tom Forester http://www.heattreattoday.com/2016/07/size-and-shape-of-the-us-
medical-device-industry/
New Product Development Process on High-Tech Innovation Life Cycle. Gonçalo G. Aleixo and Alexandra B. Tenera