By Richard C. Dorf
Expertise administration guide CRCnetBASE 1999 is the should have source for any technical supervisor operating into the subsequent millennium! Written from the technical managers' standpoint and written for technologists who're managers, this consistently up to date CD outlines details on administration technology and perform utilizing to all features of the creation and operation of technical parts and platforms. Containing articles by means of greater than one hundred fifty technical administration specialists, this up to date advisor offers details on administration technological know-how and perform because it applies to all features of the construction and operation of technical elements and structures. Unequaled in readability and applicability, know-how administration guide CRCnet BASE 1999 is a complete resource of worldwide details. it's going to solution administration questions raised by means of engineers in all disciplines together with electric, mechanical, civil, environmental, and aerospace engineering.
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Additional resources for Technology Management Handbook CRCnetBASE
Rapidly changing technology may present new difficulties for entrepreneurial ventures, but such changes also create new opportunities not only to capture business in existing markets, but to create new markets. The keys are to understand how the new technological venture provides value to its customers, and how it can continue to be the best source of that value. Defining Terms Absolute cost advantages: A situation where an existing firm has lower costs per unit than an entrant, even if their output levels are the same.
At the same time, the firm should be aware of patents, copyrights, and institutional barriers that can protect it from followers. These are unlikely to completely inhibit entry by themselves; patents, for example, are only as good as your ability to defend them. However, they can be potent additions to other barriers. This example shows how barriers to entry can be positive sources of protection for a business based on new technology. Firms such as Microsoft, Netscape, Intel, MCI, and many more all have parts of their histories that illustrate both overcoming barriers to entry and using them as protection from subsequent entrants.
Plan for rapid expansion, including early entry into international business. If advantages of lower costs and more rapid product development accrue to the dominant player, one needs to prepare to take that market position. 7. Beware of legal and institutional barriers including intellectual property and standards issues, and be ready to in turn use such barriers to protect a foothold in the market. 8. Understand the barriers to exit, as well as entry, and include possibilities for exit in the development of the plan for a new venture.