Authors: Kirankumar Momaya, A. Ajitabh
Addresses: Department of Management Studies, IIT Delhi, New Dehli-110016, India. ' CII Institute of Quality, Magadi Road, Bangalore-560091, India
Abstract: Technology is an important enabler of competitiveness. The strategic management of technology can help organisations sustain their competitiveness. Despite such a vital linkage, only a few organisations in India seem to have been able to implement the technology strategies with remarkable success. An attempt has been made in our research to quantify this vital link between technology management and competitiveness. Criteria were identified and grouped to quantify technology management maturity and competitiveness for a select set of organisations in high-tech industries. The findings of the preliminary research are presented in this paper. The technology management performance was audited using a standard tool. Competitiveness is quantified on four important parameters covering productivity, growth, returns and market capitalisation. The results are quite predictable at times, but surprising in some firms. More research is needed to understand the best practices and diffuse them for sustainable development.
Keywords: competitiveness; India; productivity; strategic technology management; sustainability; technology audit model; total business score; strategic management; high-tech industries; high technology; sustainable development.
International Journal of Technology Transfer and Commercialisation, 2005 Vol.4 No.4, pp.518 - 524
Published online: 01 Apr 2005 *Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article