Today in the world which changes quickly, it could be supposed technology changes as effective factor in industry and market changes. Keeping pace with technology changes, firms could strengthen their market positions and with making and keeping competitive advantage not only they could prevent from decline but also gain more over market share even become pioneer. This study presents a framework for identification of Technological Investment Priorities for Equipment of an Organisation. This framework has six steps. In order to correct cognition of system for framework implementation, the first step is study of internal and external environment and organization documents. In the next step, Key equipment has been identified base on a specificated model. In third and fourth steps, framework utilize technological capability auditing and technological attractiveness assessment models for determining of company technological capability level on key equipment and their attractiveness for company, respectively. Fifth step includes determining the investment policies for all key equipment with attractiveness-capability matrix. In the last step, technological investment priorities of company on equipment determine. This proposed framework has been implemented in north atmospheric distillation unit operation of Tehran oil refining company. With implementation of proposed framework in company, key equipment of that unit operation has been identified and their technological capability levels have been determined.
