Abstract

The main purpose of this study is to find out the causality relationships between the strategic management of technology (SMOT) objects in the selected Iranian high technology companies, based on the balanced scorecard (BSC) and fuzzy logic approaches. Evaluations of critical technological indicators in the selected high technology-based companies illustrated they have used different cognitive procedures in their strategic management of technology studies, which have previously been discussed throughout the SMOT literature. Technology strategy maps try to make convergences between the objects of SMOT using benefits of the technology balanced scorecard (TBSC) in the high technology environment. Technology strategy maps empower high technology companies in both technology and business areas, based on the four perspectives of proposed TBSC. The first step in our evaluations is based on-field studies questionnaires responded to by 150 personnel from different industries. The next step is based on the empirical collected data from 24 high technology companies; causal and effect relationship analysis between each of these objects was calculated and mapped using the fuzzy cognitive map (FCM). Obtained fuzzy cognitive strategy map (FCSM) simply explains the causality relationships between the objects of the SMOT, which were not well understood in the traditional technology strategy maps.   Keywords: Strategy maps, high technology, SMOT, BSC, FCM, FCSM. &nbsp

Highlights

  • In the last decade, the emergence and rapid growth of high technology based companies have accelerated the need for innovative and validated strategic models for business and provided a capable context for research on these subjects

  • We show row i in the corresponding matrix with Vi (Rodriguez-Repiso et al, 2007)

  • Proposed technology balanced scorecard (TBSC) is considered as a framework for technology management in the Iranian high technology companies

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Summary

Introduction

The emergence and rapid growth of high technology based companies have accelerated the need for innovative and validated strategic models for business and provided a capable context for research on these subjects. Industrial interests are in how to effectively manage science, innovation and technology indices, which are growing rapidly in the organizational context. Dynamics and rate of technological innovation prosperities during increase in organizational and progressive sectors change on a global scale. Changing technologies, such as nano-technology, biotechnology, information technology (IT) and social technology require noticeable opportunities to enforce sectors and provide growth; but they .

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