Managing technology
According to Khalil (2000, 51), technology is very important in interactions among theindividual, society, and nature. Technological advances have major effects on each of theseentities and are, in turn, influenced by them. Management of technology (hereafter, MoT)involves developing and understanding of these relationships and dealing with them in a
rational and effective manner. In 1987, National Research council stated the following:
“Management of technology links engineering, science and management disciplines to plan,
develop, and implement
technological capabilities
to shape and accomplish the strategic and
operational objectives of an organization” (National Research Council 1987, 9).
Khalil (2000,
7) also says that management of technology is ‘‘an interdisciplinary field that integrates
science, engineering, and m
anagement knowledge and practice /…/ Managing technology
implies managing the systems that enable the creation, acquisition and exploitation of technology. It involves assuming responsibility for creating, acquiring, and spinning outtechnology to aid huma
n endeavors and satisfy customers’ needs.