Section 4
Technology and Innovation
Book
Version 10
By Boundless
By Boundless
Boundless Management
Management
by Boundless
5 concepts
![Thumbnail](../../../../../../figures.boundless-cdn.com/31226/square/innovationlifecycle.jpeg)
Technology as a Driver and Enabler of Innovation
Technology is a powerful driver of both the evolution and proliferation of innovation.
![Thumbnail](../../../../../../figures.boundless-cdn.com/12718/square/tecnology-life-cycle.jpg)
The Technology Life Cycle
The technology life cycle describes the costs and profits of a product from technological development to market maturity to decline.
![Thumbnail](../../../../../../figures.boundless-cdn.com/30872/raw/diffusion-of-ideas.jpg)
Assessing an Organization's Technological Needs
Assessing the internal technological assets and future needs of an organization prepares management for successful technology integration.
![Thumbnail](../../../../../../figures.boundless-cdn.com/24209/square/f-research-and-development.gif)
Understanding Current Trends in Technology
Understanding current technologies and trends allows a company to align and synchronize operations to optimize returns on innovation.
![Thumbnail](../../../../../../figures.boundless-cdn.com/12774/square/nasa-trl-meter.jpeg)
Sourcing Technology
Technology sourcing involves isolating and implementing new innovations within an existing business framework.