Worldwide technological advancement in tools, techniques and procedures has enabled us to perform operations that were once impossible. In a competitive world economy, the organizations that have instituted an effective system for encouraging and managing technological innovation are able to produce better goods and services to compete effectively in the world market.
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How to profitably foster innovation, and integrate advanced technology into the process of product development, automation, and production. Presents new ideas that have been successfully tested for handling technology management requirements and problems. Addresses strategic issues, the innovative environment, smooth adoption of emerging technologies, research and development, product design and production, and practical issues of control, coordination, communication, and cost avoidance. Includes actual case studies illustrating application of the techniques presented.
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