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MANAGEMENT

of
TECHNOLOGY
The Key to Competitiveness and Wealth
Creation
Copyright 2012 by The McGraw-Hill Companies, Inc. All rights reserved.

Tarek Khalil | Ravi Shankar

Management of
Technology: The
New Paradigms

Copyright 2012 by The McGraw-Hill Companies, Inc. All rights reserved.

TECHNOLOGY TRENDS

Brief Analysis of This Trend: The decline of U.S.


industry during those two decades is widely
perceived to have resulted not from an inability to
develop new technologies but from the failure to
manage available and emerging technologies in an
effective and timely manner

Copyright 2012 by The McGraw-Hill Companies, Inc. All rights reserved.

U.S. (1970s and 1980s): The decline of U.S.


industrial competitiveness in the 1970s and
1980s became a subject of increasing concern to
people in education, industry, and government

TECHNOLOGY TRENDS
(Contd.)

Brief Analysis of This Trend: Success of Indian IT


outsourcing industry is due to entrepreneurial mindset
and technology prowess of its talented IT professional. On
a different note, almost everything was lacking in
management of technology related to hardware domain
and telecommunication manufacturing

Copyright 2012 by The McGraw-Hill Companies, Inc. All rights reserved.

India (2000 2010): With the availability of abundance of


skilled and highly talented workforce, it was really not
difficult for enterprises like Infosys, TCS, WIPRO etc. to
capitalize on the opportunity offered by developed
nations for software solutions at a considerable low cost

TECHNOLOGY TRENDS
(Contd.)

Brief Analysis of This Trend: A large share in global list of patents will
carry a lot of meaning in future. Chinese companies are being helped by
authorities in applying for overseas patents and many financial
incentives are offered. China patent strategy is a part of broad national
plan to boost innovation

Copyright 2012 by The McGraw-Hill Companies, Inc. All rights reserved.

China (2011 2015): The aim is to come out of the imitation-tag and
move into an economy that derives strength from innovation.
China's State Intellectual Property Office (SIPO) received more than
half a million invention patents out of a total of about 1.6 million
patent applications filed in 2011. Out of these, over 172,000
invention patents were granted. By year 2015, the annual target for
patent filings is 2000,000 (two million). This includes (a) utilitymodel-patents for new engineering features in a product and (b)
invention-patents involving higher creativity for practical use

TECHNOLOGY TRENDS
(Contd.)
These three trends in US, India and China are the indicator of
technology trends in these countries. One can further explore the
following issues:

What are the gaps in administrative set up, processes and visioning for
an innovation-driven economy in India? Use Political-Economic-SocialTechnological-Environmental-Legislative (PESTEL) framework to
analyze current situation.
How can India sustain its leading edge in global software market? What
are the recent efforts at national level to boost manufacturing sector?
Survey the recent reports on global competitiveness and find how
nations figure on different parameters of competitiveness.

Copyright 2012 by The McGraw-Hill Companies, Inc. All rights reserved.

Is China's patent strategy meant for seeking weapons against foreign


companies?

SCOPE OF MOT AND ISSUES THAT


NEED TO BE ADDRESSED (Contd.)

Stages in new product/technology life cycle

Copyright 2012 by The McGraw-Hill Companies, Inc. All rights reserved.

Technology and its enablers

ESSENTIAL ISSUES IN
MANAGING TECHNOLOGY

Copyright 2012 by The McGraw-Hill Companies, Inc. All rights reserved.

Changing Trends in Industry

MOT GUIDING PRINCIPLES FOR


MANAGING ENTERPRISES
Value creation
Responsiveness
Agility
Innovation
Integration
Teaming
Fairness

Copyright 2012 by The McGraw-Hill Companies, Inc. All rights reserved.

Quality

WEBLINKS
http://www.chinadaily.com.cn/bizchina/201201/11/content_14423733.htm

http://www.tejas.gov.in/history/timeline.html
http://www.hindu.com/2008/09/27/stories/2008092755480700.htm

Copyright 2012 by The McGraw-Hill Companies, Inc. All rights reserved.

http://www.chinadaily.com.cn/cndy/201112/28/content_14338422.htm

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