With Examples

1Charu Gupta

Common use across the industries Greater range of applications

2Charu Gupta

It provides a degree of strategic flexibility to a particular user

3Charu Gupta

Proprietary and indigenous to the firm Provides a competitive advantage Not available to others in market Huge expenditure and efforts are

required for internal development or

external acquisition Ex: New technologies

4Charu Gupta

Technology is encapsulated in

products and physical equipments

Ex: Technology used in a

manufacturing plant

5Charu Gupta

Technology is intangible in nature There are no specific products which

give it a particular character Involves social or management

sciences instead of natural sciences Ex: Quality assurance programme in

a factory

6Charu Gupta

These TECHNOLOGIES Evolve by combining different technologies through IT for development of large number of different applications like Computer aided flexible manufacturing system

7Charu Gupta

Group of tech. which support R&D, and manufacturing and marketing functions in the industry

Ex: Measurement & test methods, calibration processes

8Charu Gupta

It evolves by combining together features of different technologies

Ex: combining photography and digital tech in digital cameras

9Charu Gupta

This type of tech is under advanced development stage and research has progressed far enough to indicate a high probability of technical success for new applications and new products in the upcoming few years

Ex: Bio-genetics, Nanotechnology

10Charu Gupta