The importance of management in a technical environment is a core concept of the Master of Business Administration with a specialization in Technology Management (MBA/TM). "Technical" is defined to be much broader than computer information systems and technology. It includes engineering, pharmaceutical, chemical, and other technical enterprises. The program and its faculty and staff are dedicated to the linkage of technical and business cultures as integrated functions of the technology-based organization. The MBA/TM specialization is based upon courses in strategy formulation and implementation, project management in the technological environment, management of research and development and innovation processes, technology transfer in the global economy, and application of technology management.