Nowadays, as technologies become more sophisticated, companies are no longer don’t have ability to develop innovative products and services easily. Innovative technologies increasingly determine the competitive advantage of enterprises. Hence, the use of the research results of others in a better way to innovate in product and technology has become important.
Organizations and companies have considered the study and analysis of technology. Technology review and analysis refers to a set of methods and techniques of reviewing a technology to enhance innovation, solve technical problems, forecast and policy that the use of these tools is very necessary in today’s world where competition between organizations and countries has intensified.
In the situation of an increasing demand for innovative technologies and broad technologies’ trading market, the use of specific methods allowing the effective technology analysis seems necessary.
Furthermore, issues with these methods prevent duplication of research and rework, reduce the cost and time of research, and expand innovation in the organization. These methods are a very practical tool for policy-making organizations and countries that put them on the best path to achieve their goals.
The technology analysis enables the identification of the strengths and weaknesses of the enterprise technological activities, designation of capabilities to increase competitive advantage by enterprises through the appropriate utilization of the used technologies, as well as identification of the available technologies that the company could employ, in order to improve their products and processes.
