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As the pace of global competition increases, effective national technology planning is becoming a success factor for increasing the national competitiveness in not only developed but also developing economies. Governments worldwide are playing a vital role in supporting technology research and development activities in their countries. The effective national technology policies and strategies should go beyond merely identifying the critical technologies. The matter of nationally managing emerging technologies is becoming an issue, but a systematic way to evaluate them is not yet in place. Therefore, the aim of this paper is to develop a systematic process to help national decision makers define the R&D strategy and policy of emerging technologies.