Technology as change enabler

Technology has been in the forefront of change during the last several decades, bringing new products transforming our way of life and changing the rules of the marketplace. The reason for the increased attention to the management of technology is the fact that technology accounts for a large share of the productivity gains in terms of innovation in high-tech firms during this century. As a consequence, the role of Chief Technology Officer and technology management functions within many firms has assumed greater importance in the conduct of many corporations.