A Model for Managing the Innovation Process in Malawian Firms

Technological advancements and market needs are some of the significant forces fuelling the introduction of products and services in a wide range of business sectors. Many product and service providers have utilized the so-called technology-push and market-pull, the simple linear views of innovation which prescribe the use of technological discoveries and the involvement of the market respectively to produce goods and services. Others have gone further to adopt models of innovation which recognize the interaction of the different functional units of a firm and the combination of the technology-push and market-pull views with feedback from the external environment. Malawi has witnessed the introduction of a complete array of technology-based products and services catering for different business sectors. This paper investigates how Malawian firms manage the process of innovation in the development or introduction of Information Technology (IT) products and services and proposes suitable models which firms can adopt in managing and strategizing around technological innovation in the Malawian environment. The results suggest that while firms must adhere to specific models of innovation, it is generally useful to take full advantage of the linear market-pull model and the conceptual framework of innovation. DOI: 10.4018/978-1-4666-2934-9.ch012