Abstract

Our research focuses on ‘Hidden CTOs’ defined as executives who perform technology manager functions without having official titles related to technological issues in contrast to executives who have an official position related to technological issues (general abbreviation CTOs––Chief Technology Officers).This paper presents an analysis of data collected from a number of executives via an international business environment, namely a study of their core functional activities, areas of responsibility, and of how the core stakeholders influence their “managerial power” within and outside of the parent companies/organizations. The empirical results of the study were obtained from the international cluster project “Intelligent use of biomass along the Danube: R&D network formation with German, Hungarian, Slovak and Romanian partners”.The first results demonstrate a strong correlation between the technology manager’s functional priority and specifics of various business sectors and technologies applied there.

Highlights

  • Contemporary, efficient, and balanced technology management implementation stands in need of a new perception of technologies

  • Our research focuses on ‘Hidden Chief Technology Officer (CTO)’ defined as executives who perform technology manager functions without having official titles related to technological issues in contrast to executives who have an official position related to technological issues

  • The empirical study was mostly focused on the technology management processes at the personal level, i.e., managerial characteristics of each particular Hidden CTO project-participant and organizational level, i.e., managerial particularities of each separate company/organization project-participant

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Summary

Introduction

Contemporary, efficient, and balanced technology management implementation stands in need of a new perception of technologies. It means that they should be recognized not as a static but rather as a dynamic phenomenon. Technologies help to achieve some static results such as received knowledge, desired parameters, and an approved scheme of action and to initiate important changes in management and social life. Nowadays, it is not enough to just productively manage the already proven tried and tested and reliable technologies, it is necessary to continuously develop and adjust them to the internal organizational requirements and external macroeconomic indicators

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