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Technological Environment. Impact of Technology. Social Impact of Technology Technology reaches people through business High expectation of consumer System complexity Social change Technological Phases and Social Systems they create. Economic Implications Increase Productivity
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Impact of Technology Social Impact of Technology • Technology reaches people through business • High expectation of consumer • System complexity • Social change • Technological Phases and Social Systems they create
Economic Implications • Increase Productivity • Need to spend on R&D • Jobs become intellectual • Problems of techno structure • Bioprofessional and multiprofessional managers • Increased regulation and stiff opposition • Demand for capital • Rise and decline of products and organizations • Boundaries redefined
Plant and changes • Organization structure • Resistance to change • Fear of risk • TQM • BPRE • Flexible manufacturing system
Technology and Economy 1. Increased Productivity
2. Need to Spend on Research & Development 3. Technology transfer 4. Jobs tend to become more intellectual 5 Problem of techno structure : ESOP 6 Need for multi professional 7 Increased regulation & stiff opposition 8 Rise and decline of product & organization 9 Insatiable demand of capital
Technology at plant level 1. Technology and organization structure 2. Resistance to change 3 Problems for importing technology 4 Inability to absorb technology 5 T.Q.M. / B.P.R.E. / F.M.S. 6 Fear of risk
R & D Expenditure in India India currently spends about 1% of G.D.P. on R & D and Science and technology policy (January 2003) has the target to raise to 2% by 2007. Public Sector= 80%($ 3.2 billion) In developed country 60-80% is by private sector.
Global evidence suggest that there are great advantage from R&D activity in the long run. In Finland total expenditure on R&D as proportion of GDP rose from 1.5% in 1985 to 3.2% in 2001. During this period ,its export/GDP ratio doubled to 39%, the share of high tech exports in total exports rose from 6% in 1990 to 24% in labour productivity 2001 rose from 40% to 100%
Various state agencies involved in the clearing Foreign collaboration Agreement for technology Business Ombudsman To deal with complains regarding delay in The clearances in approval of projects.
Main problems and issues facing technology environment and policy in India • Heavy dominance of government in technology dept. • Condition of stagnation in technology research • Low rate of technology commercialiation • Weak intellectual regime • Limited import of technology due to restriction • Inferior proposition of Indian partner • Import of outdated and inappropiate technology • Little emphasis on technology assimilation and absorption