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Careers›Roles›Business Development and New Technology Manager
Mid-Level

Business Development and New Technology Manager

You lead business development tied to new-technology adoption — identifying technology-enabled commercial opportunities, building go-to-market strategies, partnering with engineering and product on commercialization — and serve as the strategic-and-commercial voice on new-tech ventures.

Career Level
Junior
Mid
Senior
Director
VP
Executive
Work Personality
I
E
R
C
A
S
Investigativeanalytical, curious
Enterprisingleading, persuading
Based on Holland Code framework
Industries that often hire Business Development and New Technology Managers
Professional Services · 37%Manufacturing · 36%Government · 8%Wholesale & Distribution · 4%Energy & Utilities · 2%Construction · 2%
Job markets for Business Development and New Technology Managers
Where Business Development and New Technology Manager jobs concentrate · ~328 metro areas
Based on employment in related occupations
Mapped SOC categories:
SalesEngineeringBusiness Operations
BLS Occupational Employment Statistics
Jump to:What it's likeCareer pathsBy the numbers

While you’re learning about the Business Development and New Technology Manager role, anything we can help you with this week?

What it's like

What it's like to be a Business Development and New Technology Manager

A typical week threads across market analysis, partner discussions, internal alignment work, and pipeline development — sitting with engineering on emerging product capabilities, meeting with prospective partners and customers, building business cases for new-technology investment, supporting commercial-launch decisions. Pipeline development and commercialization outcomes anchor the operating measures.

The harder part is often the new-technology uncertainty — emerging technologies carry market-fit, regulatory, and competitive uncertainty that traditional BD methods may not address well, and managers navigate the uncertainty while building defensible commercial cases. Variance across employers shapes the role: large technology firms run new-tech BD within structured strategy functions; growth-stage companies run BD tied to product-market-fit discovery; corporate-innovation programs run BD at the intersection of corporate strategy and emerging tech.

It fits people commercially curious about technology, comfortable with strategic uncertainty, and patient with multi-year commercialization arcs. MBA backgrounds and technology-business credentials anchor advancement. The trade-off is the bet-driven outcome dimension — new-tech BD involves making commercial bets that may or may not pay off, and the role's visibility tracks the outcomes.

What people in this role value
AchievementHigh
Working ConditionsHigh
IndependenceHigh
RecognitionAbove avg
SupportLower
RelationshipsLower
O*NET Work Values survey
✦ Editorial — written by Truest from industry research and career patterns

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Career Paths

Where this role sits in the broader career landscape — and where it can take you.

Earning potential across this track
$239K$179K$119K$60K$0KLower paying387 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
Technology & Information$97K+110%
Energy & Utilities$95K+107%
Professional Services$94K+104%
Financial Services$79K+72%
Government$69K+51%
Compared to Sales average across all industries
1 BLS OEWS May 2024 covers all Business Development and New Technology Managers (SOC 11-9041.01), not just this title · BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
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Business Development and New Technology ManagerProcess Development EngineerEthanol Operations ManagerBiofuels Operations ManagerBiodiesel Operations ManagerAbsorption and Adsorption EngineerDevelopment EngineerBiofuels Technology ManagerBiofuels Product Development ManagerBiodiesel Division ManagerBiodiesel Engineering ManagerBiodiesel Product Development ManagerBiodiesel Technology Development ManagerBiodiesel Product ManagerTechnology Development OwnerBiofuels Engineering ManagerBiofuels Technology Development ManagerAnalytical Research Program ManagerLaboratory Manager (Lab Manager)Biodiesel Technology ManagerBiofuels ManagerBiofuels Product ManagerFermentation Manager
Also appears in: Engineering, Business Operations

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✦ Editorial — career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape — helpful for context, but your specific experience will depend on level, specialty, and where you work.

$111K–$208K
Salary Range
10th – 90th percentile
210K
U.S. Employment
+3.8%
10yr Growth
15K
Annual Openings

How Business Development and New Technology Manager pay & employment are changing

$64K$61K$58K$55K$52K201920202021202220232024$52K$64K
BLS OEWS May 2024 · BLS Employment Projections 2024–2034

Skills & Requirements

Systems AnalysisJudgment and Decision MakingComplex Problem SolvingCritical ThinkingSpeakingWritingReading ComprehensionActive ListeningSystems EvaluationActive Learning
O*NET OnLine · Bureau of Labor Statistics
Mapped SOC Codes
11-9041.01

Explore related roles

Roles with similar work and overlapping career paths

directorBusiness Development Director$145KmidProcess Development Engineer$113KmidEthanol Operations Manager$121KmidBiofuels Operations Manager$121KmidBiodiesel Operations Manager$121KmidAbsorption and Adsorption Engineer$122K
View all Sales roles →

Common questions about what it's like to be a Business Development and New Technology Manager

What does a Business Development and New Technology Manager do?

You lead business development tied to new-technology adoption — identifying technology-enabled commercial opportunities, building go-to-market strategies, partnering with engineering and product on commercialization — and serve as the strategic-and-commercial voice on new-tech ventures.

How much does a Business Development and New Technology Manager make?

Median pay for a Business Development and New Technology Manager is about $168K nationally, with the field ranging roughly from $111K to $208K depending on experience, employer, and metro (BLS).

What skills does a Business Development and New Technology Manager need?

Core skills for this role include Systems Analysis, Judgment and Decision Making, Complex Problem Solving, Critical Thinking, and Speaking.

What education do you need to be a Business Development and New Technology Manager?

Most people in this role hold a bachelor's degree.

Is a Business Development and New Technology Manager in demand?

Employment in this field is projected to grow about 3.8% through 2034, with roughly 210,340 people working in it today (BLS).

What jobs are similar to a Business Development and New Technology Manager?

Closely related roles include Business Development Director, Process Development Engineer, and Ethanol Operations Manager.

Career advice

Business Development and New Technology Manager career advice

Do one small thing to grow in your career this week. Pick one of these; each comes with the words to use.

  • Simple exerciseSee what you're good at beyond your job title, and where else it could take you.Map your transferable skills
  • Micro habitStaying close to people you like and respect.Stay close to people you respect
  • Simple exerciseCheck your curiosity about another industry against what the work is really like.Test two industries you've wondered about
  • Simple exerciseHear what people would change about how you work together, and change one thing.Run a start, stop, continue

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More career advice

  • Understand a company before you apply
  • Renegotiate a commitment you can't keep
  • Have the conversation you've been avoiding
  • Ask peers what your work changed for them
  • Sort what you know from what you're guessing
  • Notice where your styles differ
  • Decide whether a degree is worth it
  • Write down what you decided and why

We believe careers grow through small steps taken often, more than big leaps. So we’ve collected hundreds of them for you to try.

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Federal data: BLS Occupational Employment & Wage Statistics (May 2024) · BLS Employment Projections · O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.

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