Technology maps: Choosing the right path

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20 Scopus citations

Abstract

Technology maps, in a similar way to road maps, provide the technologist with a pathway to guide them around the obstacles of competitors, the rapid pace of technological change and the constant trade-off between ever increasing customer expectations. This paper introduces two new maps: an enabling technology and a source of technology map. The first provides the technologist with a planning tool which can be used to simultaneously evaluate the company's required technology skill level, its relative competitive position over time and the maturity of the technology. This map provides key insight into future hiring decisions and allows the company to visualize the strengths and weaknesses relative to competition. The second map is useful for evaluating simultaneously the source of the technology, whether it is internal or external to the company, and the technology maturity level. This map provides key insights so that the technologist may focus on technologies which provide competitive advantage to the company while outsourcing the more mature technologies.

Original languageEnglish
Pages (from-to)7-11
Number of pages5
JournalEMJ - Engineering Management Journal
Volume9
Issue number4
DOIs
StatePublished - Dec 1997

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