Competitiveness and Management of Technology

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This paper delves into competition and technology management as a means of economic development. Expanding from Porter's framework on competitiveness and using a novel framework of PTGE（People, Technology, Government and Environment）, this paper argues that three types of competitive advantage could be created. These competitive advantages range from passive to active advantages, i.e. natural advantage, duplicated advantage and niche advantage. Technology and effective management of technology become the key differentiating factors in determining one's competitiveness. This paper discusses key aspects of technology management, namely R&D management, new product development and technology strategy in enhancing competitiveness that may lead to the creation of one of the competitive advantage mentioned.

identifier:JOS-13492012-111203

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