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Technology management in innovative organization: A system dynamics based perspective

  • N. Dharmaraj*
  • , Lewlyn L R Rodrigues
  • , B. R. Shrinivasa Rao
  • *Corresponding author for this work

    Research output: Chapter in Book/Report/Conference proceedingConference contribution

    Abstract

    This paper focuses on the design of a holistic model that represents the dynamics of technology within an innovative organization. The cardinal objective here is to promote strategic thinking by helping the managers to recognize and design alternative business strategies to manage uncertainty. In this research, principles of System Dynamics and Cybernetics have been used to develop the causal loop diagrams and flow diagrams. The influence of variables viz., competent R&D staffs present and future fail rates, the impacts of R&D capability, technology exploration and exploitation, upon the performance of the organization was studied. The effect of critical success factor, namely, Time varying competence training is incorporated in the model and dynamic simulation has been carried out. The results were used to obtain alternatives to capitalize on the opportunities and improve the organization's competitiveness.

    Original languageEnglish
    Title of host publicationICMIT 2006 Proceedings - 2006 IEEE International Conference on Management of Innovation and Technology
    Pages1059-1062
    Number of pages4
    Volume2
    DOIs
    Publication statusPublished - 01-12-2006
    Event2006 IEEE International Conference on Management of Innovation and Technology, ICMIT 2006 - Singapore, Singapore
    Duration: 21-06-200623-06-2006

    Publication series

    NameICMIT 2006 Proceedings - 2006 IEEE International Conference on Management of Innovation and Technology
    Volume2

    Conference

    Conference2006 IEEE International Conference on Management of Innovation and Technology, ICMIT 2006
    Country/TerritorySingapore
    CitySingapore
    Period21-06-0623-06-06

    All Science Journal Classification (ASJC) codes

    • Management of Technology and Innovation
    • General Computer Science

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