Strategic Management of Technology and Innovation

Strategic Management of Technology and Innovation

Z. Mahmood

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Dr. F. Zafar

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Kinnaird College for Women University

Strategic Management of Technology and Innovation

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Abstract

This paper discusses the importance and need of incorporating technology and innovation strategy into business strategy to achieve overall competitive advantage for the company. The use of technology and innovation in value creation system is highlighted in a way that it plays a pivotal role in productivity, economic growth, increasing wealth in socioeconomic environment, and evolution of entire industries. Strategy formation and execution in the context of technology is discussed that technology strategy should be aligned to corporate strategy in order to reap out benefits like performance and competitiveness for the company. Furthermore, concepts like technology strategy, forces affecting technology strategy formation and execution, technology management, innovation management, and what benefits companies can get from these are highlighted and discussed in relation to corporate business strategy.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Z. Mahmood. 2014. \u201cStrategic Management of Technology and Innovation\u201d. Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 13 (GJMBR Volume 13 Issue A12).

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GJMBR Volume 13 Issue A12

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

innovation management technology management

Submission ReceivedDecember 11, 2012
Peer Review Double Blind
Handling Editor
Accepted January 3, 2013
Published January 15, 2013

Version of record

v1.2

Issue date

February 8, 2014

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Article Matrices

Total Score: 107

Country: Pakistan

Subject: Global Journal of Management and Business Research - A: Administration & Management

Authors: Dr. F. Zafar, Z. Mahmood (PhD/Dr. count: 1)

View Count (all-time): 166

Total Views (Real + Logic): 4719

Total Downloads (simulated): 2429

Publish Date: 2014 02, Sat

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Total Views: 4719

Total Downloads: 2429

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