Management of technology Essay

Explain the terminal figure Technofact. How send word it be employ to nail d have Technology, and Management of Technology? Explain the set and good of the term Technofact, comp ard to different expositions and common agreement active engineering science. Explain the weaknesses, missing elements, and contradictions in this term. Technofact is a reproducible target argona created by humans. By reproducible I bring up to any product (tangible or virtual) of which the intention of its human creator was to crystalize to a greater extent of exactly the same, using the same methodology.Once weve defined technofact, we are able to focus the term engine room around this entity, and to define it as the capability of creating technofacts (or the human capability of creating reproducible objects). Technology is not the skillful object itself however rather the capability of creating it everyplace on oer again. Other fields of science concentrate on understanding and congrega tion knowledge around the entity that is in the center of the science in dubiety while the engineering science science is a capability, which is more than merely an understanding.On top of the knowledge ga in that respectd, the term encapsulates the creation itself, the know-how. The different aspects of the means to tack together that capability ought to be coordinated and managed, thus, management of technology can plainly be defined if we separate the term technology from the objects, the technofacts, as nonpareil can not manage objects. Most of the traditional definitions of the term technology are each inaccurate or too broad. Inaccurate when the definition list to objects (tools, products) as the technology itself.Too broad when the definition refer to any human activity (van Wyk), which might include forms of art that can not be considered as a technology. other broad come along can be found in definitions that consider any temperament manipulation as a technology (i s navigation by stars a technology? ). There are three grimaces in which I square up difficulty with the term technofact as the central entity that technology pass outs with 1. When the product has an contractable ergodic element Consider a computer program that creates random melodies (or drawings) pleasant to the human ear (or eye), based on some numeric rules.The program itself is ostensibly a virtual technofact, simply are the wise melodies or drawings created by it can also be considered technofacts? Obviously, they are universe created over and over again using the same technology, but distributively duration the program produces something different. 2. When the product is a natural object or resource For example in agriculture. Carrots cannot be considered technofacts, but there is obviously a technology to grow gondola carrots. The tools which are substance abused in the surgical operation (a plow or a combine) are technofacts, which farmers use to produce the rake itself, but they are not the reproducible product the technology deals with.Another examples can be mining technologies. The end product is the extracted material, which can not be considered a technofact. 3. When the product is an action For example, the capability to lift wakeless weights. A crane is a technofact, but it is not the reproducible object this specific technology enable to reproduce. The reproducible object in this case is not an object but rather an action. What is a Technology-Based Organization? represent an example for a TBO and non-TBO. Can a company be a TBO for a limited clipping? Explain and give an example.A technology based organization is an organization that uses technology to create economic value or to create a competitive business advantage over other competing organizations. The organization can be continuously pursuing technical betterments, manufacturing technofacts or both. This kind of an organization will be perpetu eachy considered a TB O. On the other hand a non-TBO organization can perform one for a limited time, if it co-ordinateds a in the raw technology to improve its processes, thus creating an advantage over its competitors.During the process of assimilating the technology and the time that takes other players to use the same technology, a non-TBO organization can be considered a TBO, as it creates economic value using technology. Consider an complex number traditional dairy that used to produce milk in the old(a) milking fashion, using the farmers hands and a big benignant bucket. At some point the farmer fixed to acquire a milking machine from his engineer friend that had recently established a milking equipment grind using his make inventions.The farmer installed the machine in his farm and taught his cod how to use it, so he can peacefully retire. During the next coupling of years, the farmers kid gained an advantage over his neighbor farmers, bought more cows, made a small fortune and establi shed a revolutionary dairy company (which he called aft(prenominal) his dad). Few years later, after all the other farmers had done the same, the farmers kid decided to install digital thermometers in the dairy (acquired from the very same milking equipment factory), and became the principal milk provider to the entire region, with the reputation of having the freshest milk around.Again, achieving an economic advantage using new technology. This dairy had become a TBO for short periods of time during its existence, while the milking equipment factory that had invented and manufactured the machinery was a TBO throughout the years. Explain the term White Spaces in the context of technological innovation. How could this term be used in an organization to help planning and decision making about innovation? White spaces are the two optional gaps between technologies and applications. The graduation exercise gap exists when there is a need in the market but no solution to match it.The second gap takes place when there is a technology out there that has the capability to produce a technofact that no one knows what to do with. A technofact that did not yet descry the ultimate product it enables (where theres a way but there is no will). Innovative organization can either fill up the first gap by pursuing new technologies to match the unanswered market needs, or they can focus their efforts around understanding the potential of existing technologies and to use them to develop new advanced applications.Outlines the dangers and risks associated with rapid technological development to night club and individuals. Are you pessimistic or optimistic about it? What can and should we do as a society and as individuals to benefit from technology and avoid the risks. The dangers and risks that rapid emerging technologies incorporate can come in many ways, shapes and forms according to the technology domain.From the neglect of privacy through health jeopardizing, moral iss ues and mass destruction weapons, they all have one thing in common the rate of the technology adoption and development has become faster than the rate of the ability to comprehensively understanding its implications. Successful technologies are spreading swiftly, acquiring life of their own and forcing people to use them in order to survive in the fresh society. Even if a certain individual decides to rebel and not to use a specific technology directly, it still might change the environs this person lives in, to affect and endanger im just the same (e. g. cellular phones).The resort of freedom inflicted by some technologies is a big price of its own that society and individuals have to pay. History tells us that panic from new technologies had evermore existed, and we are probably experiencing the same unjustified fear of the unknown that the car inflicted on society a hundred years ago. But the line of work with history is that it can only explain the past, while the present is unlike anything humanity imagined before.I dont believe that governmental regulations aiming to leap technology can work in the long run, but in order to control at least some of the risks, governments should cooperate globally on some issues to regulate technologies similar to the way new medicines and drugs are treated. As individuals, we must take responsibility for our health and moral values, to deal with it at all times among ourselves, to be aware of the risks we are taking and not to become blind addicts for anything new. Still, Im pessimistic as for the capability of mankind to do that and overcome its basic selfish nature.