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The Emergence of MOT as an Academic Discip! In the 1970s-1980s the US Policy makers and industrial leaders realized that the technology created by the US engineers were dominant in the world, but the US competitive advantage in the global marketplace declined. Japan and Germany reemerged as economic powers, and several Asian countries became fierce industrial competitors. The US industry was forced to cl e its business paradigms to meet the global competition in technology and markets Academic institutions have also responded to the new business paradigms by introducing MOT courses at their engineering or business schools curriculum . Thus Management of Technology (MOT) has become one of the most importance subjects in the management and engineering education in the US universities. Because the effective management of technology influences business competitiveness, and the proper exploitation of technology relies on managerial skills. The success of business is chiefly determined by their leaders' ability to manage resources, especially technological resources. Now, it is generally accepted paradigm that wealth creation depends largely upon the effective management of technology subject Management of technology as a Thus, the MOT has became one of the most important managerial discipline today. The main focus of the lecture will include the following topics: 1 technology's role in creating wealth 2 technology and achieving competitiveness 3 integrating technology planning and business planning. 4 the process of technological innovation 5 technology and product life cycles 6 R&D management, tech. transfer, and competitive edge 7 the goal of business development for economic growth.

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