This paper discusses the importance and need of incorporating technology and innovation strategy into business strategy to achieve overall competitive advantage for the company. The use of technology and innovation in value creation system is highlighted in a way that it plays a pivotal role in productivity, economic growth, increasing wealth in socioeconomic environment, and evolution of entir...

The formal and informal structures of firms and their external linkages have an important bearing on the rate and direction of innovation. This paper explores the properties of different types of firms with respect to the generation of new technology. Various archetypes are recognized and an effort is made to match organization structure to the type of innovation. The framework is relevant to t...

This study aims to explore the factors affecting the national innovation capacity (NIC) of China. NIC is the capability of a nation to manufacture & commercialize the stream of innovation technology over the “long term”. The NIC of a country depicts not only industrial competitiveness of a country via a direct impact on the global market share of high tech products, but also determines its futu...

One of the latest and most controversial areas of science is biotechnology. Genetic engineering concerns with the manipulation of DNA molecules to modify plants, animals and other creatures. Scientists are now able to isolate a gene or genome in an animal or plant to another one, based on the traits they want to transfer. The movement of a gene from a living creature to another one is called th...

In this paper, the author proposes a new conceptual framework for technology and reclassifies technology into hard and soft. Soft-tech refers to technology derived from outside of natural science disciplines and from outside of conventional science. Through discussions on technological competitiveness, new institutional innovation, Chinese traditional medicine, and the gap between developed and...

a Center for Nanotechnology in Society, University of California Santa Barbara, Santa Barbara, CA 93106-2150, USA b Georgia Tech Program in Science, Technology and Innovation Policy, Atlanta, GA 30332-0345, USA c Enterprise Innovation Institute, Georgia Institute of Technology, Atlanta, GA 30332-0345, USA d School of Public Policy, Georgia Institute of Technology, Atlanta, GA 30332-0345, USA e ...

An innovation is defined as the act of changing the established order, or introducing something new (Webster’s Dictionary, 1978). Thus there are two sides to the innovation coin, the diffusion of them, and the production of them. One aspect these two sides of the coin share in common is some measure of risk-taking behavior, but the Michael Workman Florida Institute of Technology, USA Technology...