Abstract
OVERVIEW:A technology-based company strives to sustain the flow of new product concepts and technologies that fuel its growth. Managing the technology development process involves tools of a different trade. While the operations manager may focus attention on plant productivity to improve financial margins, the technology department manager's focus is on the effectiveness of processes intended to cultivate that which does not exist. The Technology Development Model describes technology development as a system of processes uniquely within the technology manager's realm. The Technology Development Toolkit is the product of research for tools and techniques proposed or found effective by practitioners in the R&D field. These are tools used in the front end of the innovation process, involving the creation and development of ideas and opportunities into feasible concepts for new product development.
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