The Influence of Decision Makers for New Technology Acquisition

Abstract

Technological change is a major factor to increase productivity and help organizations to obtain a competitive advantage. In the utilization of new technologies, individual and managerial variables influence directly the use of innovation. There are two important objectives of this study. The first, is to show the rank of the influence of decision makers for a new technology acquisition is different in developed and developing countries' manufacturing organizations and to find out the reasons for this difference. The second objective of this study, is to emphasize the importance of management and technical know-how during the technology acquisition process. As a result, to remain globally competitive, organizations in developed and developing countries have to consider the right combination of people as decision makers and provide comprehensive training programs for each level of employees before making any acquisition decisions. © 1997 Elsevier Science Ltd.

Department(s)

Engineering Management and Systems Engineering

Keywords and Phrases

Decision makers; Developed and developing countries; Management know-how; Technical know-how; Technology; Technology acquisition; Technology utilization

International Standard Serial Number (ISSN)

0360-8352

Document Type

Article - Journal

Document Version

Citation

File Type

text

Language(s)

English

Rights

© 2024 Elsevier, All rights reserved.

Publication Date

01 Jan 1997

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