Technological Capability
Technological capability is the ability of an organization to use technology to create value. It is the capacity to develop, acquire, and use technology to produce goods and services. It is the ability to use technology to create new products, services, and processes. It is also the ability to use technology to improve existing products, services, and processes. Technological capability is a key factor in the success of any organization.
History of Technological Capability
The concept of technological capability has been around since the early days of industrialization. In the 19th century, the industrial revolution saw the emergence of new technologies that enabled the production of goods and services on a large scale. This led to the development of new industries and the growth of existing ones. As technology advanced, so did the ability of organizations to use it to create value.
In the 20th century, the development of computers and the internet revolutionized the way organizations used technology. This enabled organizations to use technology to create new products, services, and processes. It also enabled them to improve existing products, services, and processes. This led to the development of new industries and the growth of existing ones.
Table of Comparisons
| Organization | Technological Capability |
|---|---|
| Company A | High |
| Company B | Medium |
| Company C | Low |
Summary
Technological capability is the ability of an organization to use technology to create value. It is the capacity to develop, acquire, and use technology to produce goods and services. It is the ability to use technology to create new products, services, and processes. It is also the ability to use technology to improve existing products, services, and processes. Organizations with high technological capability are more likely to succeed than those with low technological capability. For more information on technological capability, visit websites such as the World Economic Forum, McKinsey, and the Harvard Business Review.
See Also
- Innovation
- Research and Development
- Product Development
- Process Improvement
- Technology Adoption
- Technology Management
- Technology Strategy
- Technology Transfer
- Technology Utilization
- Technology Diffusion
