Technology Management is the capacity of a firm, a group or society to master management of the factors that condition technology change so as to improve its economic, social and cultural environment and wealth. The factors that make up the technological framework are its objective, decision criteria, time, constraints, activities and mechanisms. Technology develops business by providing technical knowledge for the goods and services that the firm produces. Managing technology means using new technology to create competitive advantage, which is quite a difficult job, partly due to differing cultures in a company.

Technology Assessment is a form of policy research, which provides a balanced appraisal to the policy maker. It is the process of taking a purposeful look at the consequences of technological change. Ideally, it is a system that identifies policy issues assesses the impact of alternative courses of analysis that systematically appraises the nature, significance status and merit of technological progress.

Technology Forecasting is the totality of the means employs to provide objects necessary for human existence and comfort. This refers to the techniques and procedures to accomplish some desired human processes. The paper gives the deep insights of the technological aspects, its issues related to the forecasting, development, change and adoption of the technology with the Indian economic, social and cultural scenario.

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Technology Management, Assesment and Forecasting: A Perspective Scenario for Indian Strategic Policy Planning

Kumar Saurabh*
*Lecturer, Department of Computer Science & Engineering, Aurora's Engineering College, Bhongir Dist., Nalgonda
Periodicity:August - October'2005
DOI : https://doi.org/10.26634/jfet.1.1.944

Abstract

Technology Management is the capacity of a firm, a group or society to master management of the factors that condition technology change so as to improve its economic, social and cultural environment and wealth. The factors that make up the technological framework are its objective, decision criteria, time, constraints, activities and mechanisms. Technology develops business by providing technical knowledge for the goods and services that the firm produces. Managing technology means using new technology to create competitive advantage, which is quite a difficult job, partly due to differing cultures in a company.

Technology Assessment is a form of policy research, which provides a balanced appraisal to the policy maker. It is the process of taking a purposeful look at the consequences of technological change. Ideally, it is a system that identifies policy issues assesses the impact of alternative courses of analysis that systematically appraises the nature, significance status and merit of technological progress.

Technology Forecasting is the totality of the means employs to provide objects necessary for human existence and comfort. This refers to the techniques and procedures to accomplish some desired human processes. The paper gives the deep insights of the technological aspects, its issues related to the forecasting, development, change and adoption of the technology with the Indian economic, social and cultural scenario.

Keywords

Technology Assessment, Indian Strategic Policy, competitive advantage, Managing technology

How to Cite this Article?

Kumar Saurabh (2006). Technology Management, Assessment and Forecasting: A Perspective Scenario For Indian Strategic Policy Planning. i-manager’s Journal on Future Engineering and Technology, 1(1), 22-29. https://doi.org/10.26634/jfet.1.1.944

References

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[4]. J.P. Martino, “Technology Forecasting for Decision making” (2nd Edition )- American Elsevier.
[5]. Makridakis, “Forecasting: Methods and Applications” (2nd edition)- Wheel Wright, Mc Gee. John Wiley & Sons (1983).
[6]. Meade, N., "The use of growth curves in forecasting market development: A Review and Appraisal"/ of Forecasting 3,4 (Oct.-Dec. 1984), 429-451.
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