Technology Scouting Flashcards

1
Q

Define technology scouting

A
  • Emerging technologies are identified asap
  • Technology related info is channeled into the organisation
  • The acquisition of technology is supported
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2
Q

What are the 3 aspects of technology scouting? Draw a Venn diagram to represent this

A
  • Technology scouting - building and using a network of experts for competitive advantage
  • Technology intelligence - identification, assessment and usage of information on technological developments
  • Technology management - Acquisition, development, storage, usage and selling of technological knowledge

see notion

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3
Q

What is the technology scouting process?

A
  • Define aims and search areas
  • Selection of information sources
  • Collecting data
  • Filtering and interpreting data
  • Evaluating and decision making
  • Usage of info (tech sourcing, everything above is tech intelligence)
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4
Q

What are the types of technology scouts?

A
  • Internal scouts within the company and scouts that are external to the company (technology scouting company, but not owned - consultancy)
  • These are further divided into full-time or part-time scouts
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5
Q

What are the benefits of technology scouting?

A
  • Early identification of new technologies so don’t become obsolete
  • Raising awareness within the organisation
  • Stimulate innovation and invention
  • Facilitate sourcing of external technologies
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