A model for management of technology

In order to remain in the market, companies must develop or improve their competitive advantages permanently. Far many years, the sources of these advantages have been price, delivery time, quality, productivity, service, merges, acquisitions and most lately organization design. These features continue providing advantages but they last less every time. Competitors quickly emulate them. A more lasting source of competitiveness is technology. Once a firm achieves an advantage or improvement in this field it can be exploited in different forms for a long time. In order to produce technological advantages, firms need to complement or broad its concept of management. This paper introduces a model that could be used for companies to manage this change. It is called a model for management of technology (MOT) because many of its elements have been studied under this discipline. The Model meets a number of constraints established before its development. Namely, it is focused on value generation, contributing to create a culture of creativity and innovation in the firm, educative, flexible, allowing for expected and unexpected changes, empowering so that decisions are taken at all levels, simple, and supporting the development of intellectual capital of the firm.