A Product-Based Strategic Technology Management Methodology for Developing Countries

Temiz A. S., Ozkan B. Y., Ucer A. S.

INTERNATIONAL JOURNAL OF INNOVATION AND TECHNOLOGY MANAGEMENT, vol.13, no.2, 2016 (ESCI, Scopus)

Abstract

As the degree of globalization increases, developing country's race with countries practicing knowledge society norms requires creative techniques. Countries with limited technological capabilities tend to confront with middle-income trap that makes them create strategies profiting from technological innovation. The well-known method is to perform a technology foresight study and establish the technologies that the country must develop to improve its wellbeing. This paper proposes a differed approach in which a high technology product is serving as the prime motivation behind the nations planning of technology progress. The outcome of the methodology is the selection, prioritization and planning of necessary technologies of the product using all technological capabilities of the nation. Results of the exercise are instrumental in establishing the technology base of the country and enhance its promise of improving technological capability to a higher level. The paper explains the developed methodology and discusses its outputs.