The Management of Technology degree program was envisaged to correct a deficiency noted in the U.S. educational system (National Research Council1987).This degree program is designed to address important management issues, such as those enumerated here, which were neglected in the master of business administration program existing at the time:
A. Integrating technology into the overall strategic objectives of the firm
B. Getting into and out of technologies more efficiently
C. Assessing and evaluating technology more effectively
D. Developing better methods for transferring and assimilating new technology
E. Reducing new product development time
F. Managing large, complex, and interdisciplinary or interorganizational projects, programs, and systems
G. Leveraging the effectiveness of technical professionals
Currently, the degree programs in engineering management offered by many U.S. universities address these topics as well.