ABSTRACT
This chapter presents that the findings of the survey of Queen's Award Winners, who may be regarded as commercially successful firms, and who were asked specifically to report on their own behaviour vis-a-vis these characteristics. It is based upon the performance of recipients of the Queen's Award to industry for technology aimed at producing goods for sale as well as for export achievement. The criterion for technical progressiveness is a commercial one, and will be defined from the context of the criteria set by the Queen's Award Committee. Judging from the context of definition of technically progressive firms, all the Queen's Award winners are perceived to be technically progressive and/or commercially successful. The Queen's Award winners combined the skills of engineers and industrial designers in the design and development of their new products, and 61 per cent said that this accounted for the successful design and development of the award-winning products.
