On of the points made in the reading was about innovation in technology. Technological innovation refers to revising or updating something that is already invented, and this revision or update is a technological one. For instance, the text refers to a radio that requires a technological innovation. This means that the radio must adapt to the new technology or be discarded. The key for an innovator is to develop something that updates the product, makes it more attractive, useful, or whatever the goal is, but at the same time does not require that the product be discarded or drastically changed. Another criterion offered in the text is the potential for further innovation in the product. Does the new innovation move the product towards even more innovations? This stands as an additional standard of success in technological innovation.
Why has this point been highlighted? In the first place, innovation is one of the most important aspects to technology. Rarely do we actually invent something completely new. Such turning points in the history of technology are few and far between. More commonly, the technological developers create a revision of something and update it. This means that they innovate the product rather than re-invent the product.
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"Management of Technology".
Much of our technology is recent. So, in the second place, this point about technological innovation will become more and more important as we advance from the basic technologies that we have created. As time goes by, more and more ideas will arise and some of these will need to account for the criteria in this book. Has the new innovation resulted in a retiring of a product? Has it opened new pathways of innovation rather than closed them? Such questions intrigue me and the authors of our text. These questions also stand at the vanguard of technological management.
