• Dr. M. Shekar

The world has now become closer together as one global village, thanks to the technological progress. No doubt, Technology brings development with it and, when managed properly, creates wealth for individuals, companies as well as nations. This paper discusses the role of management of technology, demonstrates the impact of technology, defines the necessary ingredients, brings out the details about the drivers of change, in creating economic growth, organizational competitiveness and prosperity and demonstrates the impact of technology on fostering national development and improving competitiveness. It also discusses the responses needed by governments of developing countries, recommends strategies to be followed by corporations, etc., with a special attention on the Human Resource Development effort required to prepare a workforce capable of supporting the change.

Technology: A Foundation for Economic Development

"Technology: A Foundation for Economic Development", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 5, page no.1213-1216, May-2018, Available :http://www.jetir.org/papers/JETIR1805943.pdf

"Technology: A Foundation for Economic Development", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 5, page no. pp1213-1216, May-2018, Available at : http://www.jetir.org/papers/JETIR1805943.pdf