2. 2
Chapter Objectives
What is Technology?
What are the differences between science and
technology?
Why need to study Technology?
What are the Applications of Technology?
How technology affect to the society and economy?
Technology Classification
What does the term Management of Technology
mean?
3. 3
???
How AirAsia, Jetstar can offer a fly
with lower price in Airline industry?
How www.cellcard.com.kh or
www.ebay.com generate income?
How ANZ Royal Bank penetrate to
Cambodia market?
Why Kodak failure in film
competition?
How 5 stars hotel sale their service
4. 4
???
How Cambodia government provide
a visa to tourist via electronic system?
How ATM help bank operation?
How Internet help tour operation and
travel agency to maximize their
profit?
How IBM and Intel sell products
online?
All answers will discuss through this course.
5. 5
Introduction
Technological change is one of the most
important sources of change in the economy.
The capacity for science and technology in some
countries is not been adequately translated into
innovative and dynamic business organization.
The economy remains largely dependent on
natural resources, traditional processing and
manufacturing and, for the most part, on
imported technologies.
6. 6
Introduction (count-)
A sound scientific and technological base
is essential to economic growth in a
competitive international environment.
With the increasing impact of
globalization on business, the scope for
competition is no longer limited by
national boundaries or by the definition
of a particular industrial sector.
7. 7
Management of technology, innovation
and information have also emerged as
key requirements for success in the
21st century enterprise.
Thus, proper management of
technological change, particularly at the
productive enterprise level, has become
the most important consideration for
development.
Introduction (count-)
8. 8
Definition of Technology
All the knowledge, products, processes, tools,
methods, and systems employed in the creation of
goods or in providing services. [MOT, Tarek M. Khalil
p.1]
The application of science and engineering to the
development of machines and procedures in order to
enhance or improve human conditions, or at least to
improve human efficiency in some respect. [MS. IT
Dictionary]
Technology is the technical means people use to
improve their surroundings.
9. 9
Differences between science
and technology
Science is the study of why natural
things happen the way they do.
Technology is the use of knowledge
to turn resources into goods and
services that society needs.
Science and technology affect all
people.
11. 11
Why study technology?
People create technological devices and
systems to satisfy basic needs and
wants.
Technology is responsible for a great
deal of the progress of the human race.
Technology is the tools to gain
competitive advantage.
12. 12
Application of Technology
Technology – linked to improvements in
standards of living
Enhancement of economic prosperity for
countries, industries and businesses depends
upon the effective MOT
Technology creates wealth
Application of technology, not just its
development, is a key to success in the
competitive global economy.
13. 13
Technology and Business
• The goal of an organization is to achieve
a set of objectives
• Pool of knowledge available to society
• Technology adds value to the assets of a
company
• Conversion of resources into goods and
services
14. 14
Classification of Technology
New technology
Emerging technology
High technology
Low technology
Medium technology
Appropriate technology
16. 16
What is MOT ?
MOT is an interdisciplinary field that
integrates science, engineering, and
management knowledge and practice.
[MOT, Tarek M. Khalil p.7]
Management of technology refers to the
design and use of the means needed within
organizations achieve economic and social
objectives through technological innovation.
17. 17
Management of Technology (MOT)
An interdisciplinary field
NATURAL
SCIENCE
SOCIAL
SCIENCE
ENGINEERING
BUSINESS
THEORY
INDUSTRIAL
PRACTICE
MOT
18. 18
The roles of MOT
MOT field helps nation and firms to answer the
following question:
• How technologies is created?
• How it can be exploited to create business opportunity?
• How to integrated technology with business strategy?
• How to use technology gain competitive advantage?
• How can technology improve the flexibility of
manufacturing and service systems?
• When to enter and abandon technology?
19. 19
Management of Technology : an
entrepreneurial perspective.
Technology itself does not produce commercial
results. It is its application that brings commercial
benefits. Such application comes about due to the
activities of “entrepreneurs”.
Any economy needs “ paper entrepreneurs” and
“Product Entrepreneurs”
Paper entrepreneurs-Trained in law, finance ,
accountancy etc.. manipulate systems in novel ways:
Establishing joint ventures, holding companies, finding
tax shelters, investing in commodities; going public, etc.
20. 20
Product entrepreneurs- engineers and
scientists involved in production, researchers
and designers, production managers, and
businessman in produce goods and services
people want.
21. 21
Conclusion
Technology is clearly one of the dominant features of
modern world.
Whether one supports or condemns, there is total
consensus that managing technology effectively is critically
important to the success and survival of individual
companies and to national economic well-being and growth.
It is ironic that until recently the subject of management
technology did not, in general, receive the kind of popular
attention that is should have in business, government and
management development programs.
The issue is how can we interpret “management of
technology” in practical way.
22. 22
Discussion Questions
1-Using the classification of technology presented
in this chapter, provide some examples of each
type of technology.
2-What are the companies that considered as the
high-tech corporation in the world?
3-Describe about advantages of Free Bloc Trade
4-Reading the Case Study1 “World Around Us”