The role of management of technology in the context of achieving compe
titiveness and development has become a matter of global interest. One
of the problems hindering effective management of technology is the t
endency to treat technology as a ''black box.'' For the effective mana
gement of technology it is imperative that a clear and practical worki
ng definition of technology is first established. This paper is an att
empt to meet this need and initially traces the various perspectives t
hat have, over time, shaped the various definitions of technology that
are currently in use. It is pointed out that the four-component defin
ition of technology -technoware, humanware, inforware, and orgaware-th
at fall under the ''technology as embodiment forms'' perspective appea
rs to have the most value in terms of opening up the ''technology blac
k box.'' An indepth explanation of the nature and structure of the fou
r components of technology, in the context of manufacturing technology
, is provided along with further elaborations to help operationalize t
he concept of the four components. A revised and more detailed definit
ion of the four components of manufacturing technology is then arrived
at. The term polytrophic is used by bacteriologists to refer to organ
isms that derive nourishment from more than one source. It is pointed
out that the four components of technology display polytrophic propert
ies because of their ability to develop through their interaction with
one another. The proposed detailed definition is thus referred to as
the ''polytrophic'' components of technology. It is pointed out that t
he ''polytrophic'' components of technology definition can be used to
obtain fresh insights into technological sophistication, technology co
ntent of production activities, technology transfer, and technology ca
pability development. Its usefulness in examining the scope of differe
nt technology transfer mechanisms is briefly outlined.