Explaining the Pillars and Process of Strategic Research and Technology Management

The need for adopting a strategic approach to research and technology management has led to the emergence of strategic research and technology management in the new economic climate. Realization of effective strategic research and technology management requires adherence to a defined process for operationalizing it in all organizational behaviors and actions. This article aims to explain the process and elements of a developed model for strategic research and technology management which is developed using resource efficiency approaches and process models in the strategic literature. In this order, first, a brief overview of the evolutionary process of different generations of research and technology management is provided and the concept of strategy and strategic management of research and technology is defined. In the next step, the elements and the process of implementation, including the six pillars of the model, namely “scoping and determining the mission and vision”, “determining the technological knowledge goals”, “balancing the exploration and exploitation”, “multi technological paths mapping”, “processes, resources and capabilities” and “transferring the technological findings” is described. At the end, the conclusion and some of the model’s characteristics is discussed.