Chapter 8
Chapter 8
Chapter 8
Concept of Technology
Technology is the method of transforming input into output.
It consists of skills, methods, systems, inventions and equipments
results in modification in products and services
Technology includes all the aspects of applied sciences for achieving
particular purpose
where the scientific knowledge put into practice becomes
technology.
Technology viewed as mean of combining four factors of production-
land, labor, capital and knowledge.
It is an ability to create new things from blending of these resources.
Technology could be hard or soft
It could be labour intensive or capital intensive
Definition:
G. Jones and C. Hill “Technology is combination of skill and
equipment that manager use to design, production and
distribution of goods and services.”
R. W. Griffin “Technology is the set of processes and systems
used by organizations to convert resources in to products or
services.”
Whether the business is manufacturing firms, advertising agencies,
bank, hospital, educational institution or a trading house, it will
use some sort of technology to transform its input into output.
Business and Technology:
Business and technology are closely interrelated and
inseparable.
Both are complementary to each other. One cannot exist
without other.
Society expects innovation and discoveries from business
firms for better products and improved services.
Business firms generally try to meet these changing needs
of the society by applying new technology in the process of
product development and product modification.
improvement in competitiveness, production process and management skill
today depends on technology
Improving and upgrading technologies are necessary in fulfilling the ever
increasing requirement of business.
Technology at present is major item of international trade.
It is a major export item for many developed countries.
Technology influences business by bringing about changes in job, skill, life
style, product, production methods and process.
Automation, computerization, informatics, new materials and artificial
intelligence have all influenced business.
Industries are getting hi-tech.
Existing business has started entirely new system of business with the help of
technology. Business that cannot cope with technology change doomed to die.
Following are the some of the areas of technology which are relevant to
business.
Method of manufacturing a product
Improvement in product design and manufacturing process
Reduction of waste
Reduction of manufacturing cost
Using new raw materials
Using eco-friendly materials
Improving product quality and reliability
Introducing new products and services
New methods of delivery and distribution
New ways of management control and information
E-business technology
Human factor and technology
In the management and operation of technology the role of human factors is very
crucial.
It is the people who handle and manage the technology.
The technology, capability of a nation revolves around its people.
Technologies are only means for people to effectively utilize their knowledge.
The skill level of people in a country decides the absorption and utilization of
technology.
Thus the quantity and quality of technical manpower available are crucial factors
in determining the technological capability.
There is the great demand for skilled technicians, managers, entrepreneurs and
workforce who could handle and manage the technology employed.
Technological changes have serious impact on total industrial sector and job
market of a country.
Old industrial system replaced by new system because of
technological development.
Employees are sometime displaced due to introduction of new
technology.
They are required to acquire new skills because of change in
technology.
Their inability to acquire new skills as demanded by technology makes
them outdated.
Management and top level executive also require for acquisition of
new technology to develop their professional skills and respective
areas of specialization.
Advanced technological know how gives ample opportunity to
deserving and preserving professionals.
Present Status of Technology adopted by Nepalese
Business
Technology can be
Manual technology
Mechanized technology
Automated technology
Computerized technology
Robotized technology
Present level of technology adopted by Nepalese
business can be categorized mainly in traditional
technologies.
They still dominate the business and industrial
sector of Nepal.
Nepalese posses good technical knowhow of
traditional technology in different fields like
metallurgy, pottery, architecture, construction,
textile, manufacturing, dyeing and printing,
paper manufacturing, agriculture, medicine etc.
The industrial and business sector in Nepal is presently in the process of
transition
Because of liberalization, the private sector has enjoyed fairly free
access to modern equipment and knowhow from outside
The number of industry using modern technology in bakery, textiles,
medicine, soap, vegetable oil, printing, plastics, metal and sugar are
increasing
Tele-communication and internet providers are using satellite based
technology.
Health related service industries are using highly sophisticated
technology
in Nepalese business and industrial sector, it still skill base for modern
technology is low
In highly skilled job mostly foreign laborers are used
Still labour intensive technology is used in Nepalese business sector
Govt’s expenditure in research and development for technology is very
less
Nepalese export products are mainly in the form of raw material, it lacks
competitiveness in different products which is sig of technological
backwardness
Despite of these significant changes most of Nepalese business firms and
industries, companies a small and medium enterprises have not had
reached even the level of efficient mastery.
Nepalese business continue to use technologies at low levels of technical
efficiency, lagging well behind international frontiers of productivity
Nepalese business generally focuses on surveying local market with low
price and low quality products, investing little in training in upgrading
process or product technologies.
ISSUES
Poor public understanding of Science and Technology.
Lackof coordination and cooperation between science and technology
organisations
Less priority for R&D and state funding in S&T very low.
Lackof integrated long term master plan for the development of science and
technology
Gaps between policies and practices and between planning and performances
Technology development and transfer not institutionalised.
Lack of economic development: No funding in R&D from the industrial and
private sectors.
Lack of minimum research facilities: Brain drain.
Science and Technology Policy 2005
Objectives
To enhance national capability by developing and utilizing knowledge,
skill and competence in the field of Science and Technology
To contribute in the reduction of poverty by improving economic and
social condition of the people at large through sustainable use of
natural resources and means and conservation of the environment
To take the nation in competitive advantage by utmost development
of Science and Technology
It focuses on:
Infrastructure development
Human resource development
R &D
Vision:
To build the country as a developed, dynamic and
prosperous state by raising the living standards
through the appropriate development and use of
science and technology.
Strategies
Toinstitutionalize the participation of stakeholders in the
development o f s&T
Tomobilize available resources in maximum extent in S & T
sector
Toencourage Universities, science institutes and individuals
involved in research works and produce high level scientists by
giving priority to S&T subjects
Toenhance the quality of hydrology and meteorology through
the use of modern technology
Tointegrate R&D works with competitive capacity
development in the S&T sector.
Policies
To use science and technology as a powerful means to increase
production and productivity of the country.
To create an environment for the maximum utilization of knowledge and
skill of science and technology available in regional and international
arena by promoting mutual cooperation with the bilateral, multilateral,
regional and international organizations.
To promote participation of private sector in the development of science
and technology.
To develop and mobilize skilled human resources .
To extend the development of technology to the rural levels.
To create a conducive environment to maintain high morale of the
scientist and technologists and minimize the brain drain.
To strengthen the organization’s capacity involved in research
IT Policy 2010
Vision
"To place Nepal on the global map of information technology
within the next five years.“
Objectives