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The text highlights the need for a technology innovation-strategy model to assist manufacturing industries in enhancing their performance in today's competitive environment. It will serve as an ideal reference text for graduate students and academic researchers in the field of industrial engineering, manufacturing engineering etc.
This text identifies and discusses different technology innovation initiatives (TIIs) such as entrepreneurial capability, technology infrastructure capability, organizational culture and climate, and government initiatives. It further evaluates the relationship between various technology innovation initiatives and manufacturing performances using multi-criteria decision-making techniques such as fuzzy set theory (FST), structural equation modeling (SEM), and analytic hierarchy process (AHP). It will serve as an ideal reference text for graduate students and academic researchers in the field of industrial engineering, manufacturing engineering, mechanical engineering, automotive engineering.This book:Discusses technology innovation initiatives such as entrepreneurial capability, technology infrastructure capability, and organizational cultureHighlights technology innovation-strategy model in assisting manufacturing industries for enhancing their performance in today's competitive environmentExamines the effect of technology innovation initiatives on the performance of manufacturing industriesCovers multi-criteria decision-making techniques such as fuzzy set theory, structural equation modeling, and analytic hierarchy processExplores the validation of fuzzy-based technology innovation model through structural equation modeling
Chapter 1
TECHNOLOGY INNOVATION AND ITS SIGNIFICANCE1.1 Introduction
1.2 Innovation Typology
1.3 Technology Innovation Defined
1.4 Important sources of Technology Innovation
1.5 Significance of Technological Innovation
1.6 Technological Innovation in Manufacturing Industries
1.7 Concluding Remarks Chapter 2
GLOBALIZATION AND ITS IMPACT ON TECHNOLOGY INNOVATION2.1 Introduction
2.2 Globalization and Fourth Industrial Revolution
2.3 Positive and negative consequences of Globalization
2.4 Effect of Globalization on Technology Innovation in Manufacturing Industries
2.5 Need for Technology Innovation in the era of Globalization
2.6 Concluding Remarks Chapter 3
TECHNOLOGY INNOVATION INITIATIVES IN MANUFACTURING INDUSTRIES3.1 Introduction
3.2 Technology Innovation Initiatives (TIIs) 3.2.1 Entrpreneurial Capability3.2.2 Technology Infrastructure Capability3.2.3 Organizational Culture and Climate3.2.4 Government Initiatives
3.3 Concluding Remarks Chapter 4
RELIABILITY ANALYSIS OF TECHNOLOGY INNOVATION INITIATIVES4.1 Introduction
4.2 Analyses of Preliminary Data
4.2.1 Entrepreneurial Capability (EC) Issues
4.2.2 Technology Infrastructure Capability (TIC) Issues
4.2.3 Organization Culture and Climate (OCC) Issues
4.2.4 Government Initiative (GI) Issues
4.2.5 Manufacturing Performance Parameter (MPP) issues
4.3 Relationship between various Technology Innovation Initiatives (TIIs) and Manufacturing Performance Parameters (MPPs)
4.4 Contribution of TIIs in achieving Manufacturing Performance Enhancement
4.5 Concluding Remarks Chapter 5
MULTI-CRITERIA DECISION-MAKING TECHNIQUES5.1 Introduction
5.2 Evaluation of TIIs using Fuzzy Based Model
5.3 Fuzzy Interface Systems
5.3.1 Fuzzification
5.3.2 Rule Evaluation
5.3.3 Defuzzification
5.3.4 Result: Checking the Suitability of TI Measures
5.3.5 Fuzzy Evaluation Rules and Solution
5.4 Analytic Hierarchy Process (AHP)
5.4.1 Describing model structure: the sub–objectives for decision making
5.4.2 Hierarchy Formulated
5.4.3 Scale used for Pair Wise Comparison of Attributes
5.4.4 Pair–wise Comparison of Different Attributes
5.4.5 Normalization of Comparison Matrix
5.4.6 Checking for Consistency
5.4.7 Priority Weights for Alternatives
5.5 Concluding Remarks Chapter 6
STRUCTURAL EQUATION MODELING6.1 Introduction
6.2 Validation of Fuzzy Based TI Model through Structural Equation Modeling (SEM)
6.2.1 Instrument used: AMOS 22.0 software
6.2.2 Independent and Dependent Variables
6.2.3 Structural Equation Modeling of TI Model
6.2.4 Screening of the Data with Preliminary Analysis
6.2.5 Confirmatory Factor Analysis
6.2.6 SEM_TI Model and Result Analysis
6.2.7 Modification Indices of SEM_TI Model
6.3 Concluding Remarks Chapter 7
Case studies7.1 Introduction
7.2 Introduction to Industry 'A'
7.2.1 Quality Policy
7.2.2 Mission
7.2.3 Product Range7.2.4 SWOT Analysis at Industry 'A' 7.2.5 SAP Analysis of Industry 'A'7.2.6 LAP Synthesis of Industry 'A'
7.3 Introduction to Industry 'B'
7.3.1 Milestones
7.3.2 Product Range
7.3.3 SWOT Analysis at Industry 'B'
7.3.4 SAP Analysis of Industry 'B'
7.3.5 LAP Synthesis of Industry 'B'
7.4 Suggestions and Recommendations
7.4.1 Suggestions to the Entrepreneurs
7.4.2 Suggestions to the Government
7.4.1 Suggestions to the Banks and other Financial Institutes
7.5 Concluding Remarks Chapter 8
CONCLUSIONS AND RECOMMENDATIONS8.1 Introduction
8.2 Summary of the Study
8.3 Research Contribution
8.3.1 PPS Results
8.3.2 Statistical Analysis Results
8.3.3 Qualitative Analysis Results
8.3.4 Technology Innovation Implementation Model
8.4 Major findings of the study
8.5 Limitations of the study
8.6 Suggestions for future research