Technological Capability
Technological Capability
MANAGERIAL CAPABILITY
What is Technological and Managerial Capability;
Forms of Tech and Managerial Capabilities;
Disaggregation of Tech and Manag Capabilities;
Centrality of TC for Successful Tech Development
and Competitive Economic Development;
Methods for Building T and M Capabilities.
What is Technological and Managerial
Capability
Technological and Managerial Capability is a stock of resources
(human, institutional etc) located within and around a
productive unit within an economy/society/country/ regional
grouping and/or some larger grouping. These resource take
various forms - eg human skills, expertise and experiences;
institutions, organizations etc.
4. Innovation Culture
Elements of an organization behavioral routines and ways of doing
things (organization culture) that support and foster innovation
within the organization. Such behavioral elements include – team
building and working, respecting other peoples ideas, building on the
ideas of others, attentive listening, staying focused etc are unique
capabilities.
Disaggregation of Technological and Managerial Capability.
1. INVESTMENT CAPABILITIES
i. Project Management Capability – ability to organize and oversee
project establishment and expansion;
ii. Project Engineering Capability – ability to provide and synthesize
information and make technology operational within a particular
context;
iii. Procurement Capability – the ability to choose, organize, co ordinate
and supervise hardware, software suppliers and civil construction
contractors;
iv. Capabilities for embodying technology in physical capital - abilities
for construction, plant erection, machinery and equipment manufacture
etc.
v. Start up capabilities - abilities for staff training, achieving start up
efficiency levels etc.
Disaggregation of Technological and
Managerial Capability – CONTINUED.
2. PRODUCTION CAPABILITY
i. Production Management Capability – the ability to oversee and
improve on the operation of established establishments.
ii. Production Engineering Capability – the ability to obtain, synthesize
and act on information and data in order to optimize operations.
3. INNOVATION CAPABILITY
The ability for capturing new ideas, opportunities etc ;and
subsequently carrying out technical possibilities through to
economic and commercial practice. These involve the abilities for
searching ideas and opportunities; evaluating same to allow for
committing, realizing the innovation and optimizing benefits from
the innovation.
CENTRALITY OF TECHNOLOGICAL CAPABILITY
Technological and Managerial Capability:
i.Lies at the heart of successful technological development and hence dynamic and
competitive industrial and economic development;