Abstract
Technology roadmapping (TRM) concept was first introduced by Motorola back in 1970s. Main objective of the Motorola’s TRM was to align the gaps that could arise both in technology and product development (Phaal 2015). The core concept of roadmapping has been the same of giving a strategic vision to the company and how to utilize it but the ways of implementation have changed. For example, a major aerospace organization has implemented technology roadmapping in order to achieve success in its single-aisle program which is its biggest revenue driver (Sourav et al. 2018). The concept of Hierarchical Decision Modelling (HDM) has been implemented by the power industry for the strategic roadmapping of robotics technologies (Daim et al. 2018). Not only the technology sector but the process of sustainability has involved in the roadmapping process such as cattle farming in Germany (Rivero and Daim 2017). Hence roadmapping has covered every breadth of industries because of the comprehensive methodology it encapsulates.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Bannister, F., & Remenyi, D. (2000). Acts of faith: instinct, value and IT investment decisions. Journal of Information Technology, 15(3), 231–241.
Bray, O. H., & Garcia, M. L. (1997). Technology roadmapping: The integration of strategic and technology planning for competitiveness. Proceedings of the Portland International Conference.
Consortium, C. (2018). Roadmapping: The S-plan approach to identifying and exploring strategic, innovation and business opportunities. [Online]. Retrieved August 2018, from https://www.cutter.com/consulting/roadmapping-s-plan-approach-identifying-and-exploring-strategic-innovation-and-business
Daim, T., et al. (2018). Strategic roadmapping of robotics technologies for the power industry: A multicriteria technology assessment. Technological Forecasting and Social Change, 131, 49–66.
Dissel, M. C., Phaal, R., Farrukh, C., & Probert, D. (2006). Value roadmapping: A structured approach for early stage technology investment decisions. 2006 Technology Management for the Global Future—PICMET 2006 Conference.
Faulkner, T. W. (1996). Applying ‘options thinking’ to R&D valuation. Research-Technology Management, 39(3), 50–56.
Fenwick, D., Daim, T. D., & Gerdsri, N. (2009). Value driven technology road mapping (VTRM) process integrating decision making and marketing tools: Case of Internet security technologies. Technological Forecasting & Social Change—Elsevier, 76(8), 1055–1077.
Groenveld, P. (1997). Roadmapping integrates business and technology. Research-Technology Management—Taylor & Francis, 40(5).
Ilevbare, I., Phaal, R., Probert, D., & Torres Padilla, A. (2011). Integration of TRIZ and roadmapping for innovation, strategy, and problem solving (pp. 25–30). Cambridge: University of Cambridge.
Kahraman, C., Ruan, D., & Tolga, E. (2002). Capital budgeting techniques using discounted fuzzy versus probabilistic cash flows. Information Sciences-Elsevier, 142(1–4), 57–76.
Kostoff, R. N., & Schaller, R. R. (2001). Science and Technology Roadmaps. IEEE Transactions on Engineeringg Management, 48(2), 132–143.
Natalense, J., & Zouain, D. (2013). Technology roadmapping for renewable fuels. Journal of Technology Management & Innovation, 8(4), 143–152.
Phaal, R. (2015). Roadmapping for strategy and innovation. IEEE Seminar on justifying and selecting innovation projects.
Phaal, R., Farrukh, C. J., & Probert, D. R. (2001a). Characterisation of technology roadmaps: Purpose and format. PICMET ’01. Portland International Conference on Management of Engineering and Technology. Proceedings: Book of Summaries (IEEE Cat. No.01CH37199), Volume 1.
Phaal, R., Farrukh, C., & Probert, D. (2001b). Technology roadmapping: linking technology resources to business objectives (pp. 1–18). Cambridge: Centre for Technology Management, University of Cambridge.
Phaal, R., Farrukh, C., & Probert, D. (2004a). Technology roadmapping—A planning framework for evolution and revolution. Technological Forecasting and Social Change-Science Direct, 71, 5–26.
Phaal, R., Farrukh, C., & Probert, D. (2004b). Customizing roadmapping. Research-Technology Management, 47(2), 26–37.
Rivero, A. R. G., & Daim, T. (2017). Technology roadmap: Cattle farming sustainability in Germany. Journal of Cleaner Production, 143, 4310–4326.
Sourav, K., Daim, T., & Herstatt, C. (2018). Technology roadmap for the single-aisle program of a major aircraft industry company. IEEE Engineering Management Review, 46(2), 103–120.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2019 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this chapter
Cite this chapter
Daim, T.U., Faili, Z. (2019). Literature Review. In: Industry 4.0 Value Roadmap. SpringerBriefs in Entrepreneurship and Innovation. Springer, Cham. https://doi.org/10.1007/978-3-030-30066-1_2
Download citation
DOI: https://doi.org/10.1007/978-3-030-30066-1_2
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-30065-4
Online ISBN: 978-3-030-30066-1
eBook Packages: Literature, Cultural and Media StudiesLiterature, Cultural and Media Studies (R0)