What is the Impact of Comprehensive Technology Management on the Performance of Organizations?

Nowadays, Research and Development (R&D) directly impact innovation, efficiency, quality, the standard of living, market share, and other factors that contribute to enhancing the competitive capabilities of organizations. With globalization and increased competition, technology management and research and development play a crucial role in improving the competitive advantage of businesses. Increased competition and the drive for survival have compelled organizations to focus their activities on core products and key capabilities, which require investment in research, technological advancement, and developmental innovations. Research and development, along with technology management, aim to support innovation within an organization, and R&D activities should lead to business opportunities or transform the organization through effective technology management. This article aims to introduce technology management, define research and development, explore the impact of technology management and research and development, new methods for acquiring technology, indicators influenced by research and development, the necessity of auditing and reviewing the research and development processes, and the implementation of innovations within an organization. Factors related to research and development, such as cost, market, technology, competitive advantage, challenges, and opportunities arising from the process of globalization and its effects on activities in developed countries, will be examined.

Keywords:

Innovation , Management , Quality , R&D , Research and Deveopment , Technology