Technology Management
December 16, 2010
Technology Management from an Evolutionary Point of View
This paper aims to describe technology management in relation to Charles Darwin’s Theory of Evolution and Theory of the Firm concepts. While identifying characteristics of technologies and its management, describing these characteristics in relation to the biological theory of evolution; it may give insight to better management skills by using the evolutionary metaphor. To explore these topics we need to ask ourselves a few simple questions: What is evolution and how does evolution happen? How are evolution and technology related? What are firms and why do they exist? How does evolution relate to technology and firms?
Charles Darwin’s Theory of Evolution is based on the idea that all organisms have evolved from a simple life form into more complex life forms over time. Charles Darwin’s Theory of Evolution was not actually a new idea, but his idea of natural selection was new to the concept of evolution. There are several people whom had written about evolutionary ideas before Charles Darwin. Ironically, Charles Darwin evolved the Theory of Evolution with his idea about natural selection, and it is the most important part of theory to understand how it drives evolution forward.
There are three main components of the Theory of Evolution equation in order for biological evolution to occur: variation, selection and heredity. Variation is the process in which the genes are mixed in a population and produces different genetic traits within a species. Some of these characteristics are strong and some are weak. Heredity are the traits that are inherited. This concept is important in the respect that it serves as a genetic memory in one aspect for a species. Selection or natural selection is the process in which only the strongest, or most desirable, traits survive because the others were not able to compete. Therefore, those that... [continues]
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"Technology Management from and Evolutionary Point of View." StudyMode.com. 11, 2011. Accessed 11, 2011. http://www.studymode.com/essays/Technology-Management-From-And-Evolutionary-Point-837219.html.