Technology management control: a conceptual approach for technology-based enterprises

Accelerated technological change has become a fact and involves the evaluation, development, implementation and substitution of technologies within innovation-driven enterprises. Strategic and in particular technology management needs to address these issues. Management control has experienced a fundamental change and in parallel, the question arises whether current management control systems can adequately cope with complex technology issues in technology-based enterprises? Previous technology management control approaches in literature are fragmental. The call from industry in turn, shows the importance of research of Technology Management Control Systems in technology-based enterprises. Enterprises pursue technology management control activities, but these are imperfectly structured and most enterprises wish to give the activities more structure, such as through a Technology Management Control System. The aim of this article is to make a major contribution towards closing these gaps. Based on a strategic management control approaches, an appropriate Technology Management Control System is adapted and enhanced with technology issues.