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Technology-based firms contribute to dynamic competition, ensure product variety, close market gaps and promote job creation. Their development is impeded by a difficult access to capital, high R&D costs and management deficits. The book analyses their chances and risks in the innovation process. Topics deal with the management of technology-based firms, different aspects on their financing, the spectrum of public promotion programmes and the venture capital market in Germany. Finally, the book centres on regional technology and economic promotion and the creation of regional networks for technology-based firms. The reader documents research of Fraunhofer-ISI on technology-based firms and their environment and aims at a better understanding of specific chances and risks in the development process of such firms.
Book Synopsis Technology-Based Firms in the Innovation Process by : Knut Koschatzky
Download or read book Technology-Based Firms in the Innovation Process written by Knut Koschatzky and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology-based firms contribute to dynamic competition, ensure product variety, close market gaps and promote job creation. Their development is impeded by a difficult access to capital, high R&D costs and management deficits. The book analyses their chances and risks in the innovation process. Topics deal with the management of technology-based firms, different aspects on their financing, the spectrum of public promotion programmes and the venture capital market in Germany. Finally, the book centres on regional technology and economic promotion and the creation of regional networks for technology-based firms. The reader documents research of Fraunhofer-ISI on technology-based firms and their environment and aims at a better understanding of specific chances and risks in the development process of such firms.
Book Synopsis Technology-Based Firms in the Innovation Process by : Knut Koschatzky
Download or read book Technology-Based Firms in the Innovation Process written by Knut Koschatzky and published by . This book was released on 1997-07-17 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Describes principles and methodologies necessary to build efficient and highly productive work systems in high tech organizations that must develop and deploy new products in a timely fashion with competitive advantage. Presents techniques applicable to small high tech consumer products or large complex systems requiring cost control, waste minimization and rapid product development. Stresses methodologies to be used for strategic advantage. Suggests diverse strategic plans and their pros and cons, depending on the product and markets.
Book Synopsis Managing Innovation and Entrepreneurship in Technology-Based Firms by : Michael J. C. Martin
Download or read book Managing Innovation and Entrepreneurship in Technology-Based Firms written by Michael J. C. Martin and published by John Wiley & Sons. This book was released on 1994-09-28 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describes principles and methodologies necessary to build efficient and highly productive work systems in high tech organizations that must develop and deploy new products in a timely fashion with competitive advantage. Presents techniques applicable to small high tech consumer products or large complex systems requiring cost control, waste minimization and rapid product development. Stresses methodologies to be used for strategic advantage. Suggests diverse strategic plans and their pros and cons, depending on the product and markets.
This book sets out to examine small technologically innovative enterprises in Europe from the viewpoint of ten international researchers. Drawing on original empirical research, the contributions describe the different aspects of the business development and innovation process, including the creation and development of technology-based enterprises, the growth of the firm, different types of networking activities, and various development strategies when the firm is established.
Book Synopsis Technology, Innovation and Enterprise by : D. Jones-Evans
Download or read book Technology, Innovation and Enterprise written by D. Jones-Evans and published by Springer. This book was released on 2016-07-27 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book sets out to examine small technologically innovative enterprises in Europe from the viewpoint of ten international researchers. Drawing on original empirical research, the contributions describe the different aspects of the business development and innovation process, including the creation and development of technology-based enterprises, the growth of the firm, different types of networking activities, and various development strategies when the firm is established.
The innovation process is the most important of all business processes. Innovation is the means by which value is constructed and efficiencies are created. It is the source of sustainable competitive advantage. This book shows how the innovation process is changing profoundly. Part of the change results from the application of new technologies to the innovation process itself. A new category of technology has emerged which we call 'innovation technology'. This includes simulation and modelling, visualization, and rapid prototyping technologies. When used effectively, innovation technology makes the innovation process more economical and ameliorates some of its uncertainties. These technological changes are accompanied by changing organization structures and skills requirements. The technologies are used in fast moving, creative environments and are suited to project-based organization. They also require the development of new 'craft' skills to realize the possibilities created by the new 'code'. The book outlines a new way of thinking about innovation. Traditional definitions of 'research', 'development' and 'engineering', imply a progressive linearity which doesn't exist in reality. They are also associated with organizational departments, which are breaking down where once they existed, and are in any case non-existent in the vast majority of firms. They also fail to capture the central importance of design in innovation. We propose a new schema for the innovation process: Think, Play, Do. Innovation requires creating new ideas and thinking about new options, playing with them to see if they are practical, economical and marketable, and then doing: making the innovation real. This new schema captures the emerging innovation process using a more contemporary idiom. The book reports in-depth studies from a number of companies and sectors. Major case studies of Procter and Gamble and Arup Partners are presented. It reports on the use of innovation technology in a range of other companies and organizations, from pharmaceuticals in GSK, to engineering design in Ricardo engineering , and welding in TWI. We describe how innovation technology is used in traditional industries, such as in mining, and in public projects, such as the development of London's traffic congestion charge and the stabilization of the leaning tower of Pisa.
Book Synopsis Think, Play, Do by : Mark Dodgson
Download or read book Think, Play, Do written by Mark Dodgson and published by OUP Oxford. This book was released on 2005-07-14 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: The innovation process is the most important of all business processes. Innovation is the means by which value is constructed and efficiencies are created. It is the source of sustainable competitive advantage. This book shows how the innovation process is changing profoundly. Part of the change results from the application of new technologies to the innovation process itself. A new category of technology has emerged which we call 'innovation technology'. This includes simulation and modelling, visualization, and rapid prototyping technologies. When used effectively, innovation technology makes the innovation process more economical and ameliorates some of its uncertainties. These technological changes are accompanied by changing organization structures and skills requirements. The technologies are used in fast moving, creative environments and are suited to project-based organization. They also require the development of new 'craft' skills to realize the possibilities created by the new 'code'. The book outlines a new way of thinking about innovation. Traditional definitions of 'research', 'development' and 'engineering', imply a progressive linearity which doesn't exist in reality. They are also associated with organizational departments, which are breaking down where once they existed, and are in any case non-existent in the vast majority of firms. They also fail to capture the central importance of design in innovation. We propose a new schema for the innovation process: Think, Play, Do. Innovation requires creating new ideas and thinking about new options, playing with them to see if they are practical, economical and marketable, and then doing: making the innovation real. This new schema captures the emerging innovation process using a more contemporary idiom. The book reports in-depth studies from a number of companies and sectors. Major case studies of Procter and Gamble and Arup Partners are presented. It reports on the use of innovation technology in a range of other companies and organizations, from pharmaceuticals in GSK, to engineering design in Ricardo engineering , and welding in TWI. We describe how innovation technology is used in traditional industries, such as in mining, and in public projects, such as the development of London's traffic congestion charge and the stabilization of the leaning tower of Pisa.
Managing Technology Entrepreneurship and Innovation is the first textbook for non-business based entrepreneurship courses, focussed on students with a background in science and technology. Its comprehensive, rigorous and yet accessible approach originates from the authors’ considerable experience mentoring students as they turn their technological ideas into real-life business ventures. . The text is separated into three parts providing a roadmap for successful entrepreneurial projects: Part I focusses on how to create your venture, turning technology into businesses and how to link together entrepreneurship and innovation Part II shows you how to grow your venture and make it profitable, looking at the early development of academic spin-outs and how to adapt your technology to the customers’ needs. Part III takes you through the day-to-day running on your business; whether to adopt a contingency or contextual approach, how to develop new products and services and alternative options for growth. With a wide range of practical steps, lists of things to consider and guidelines on how to turn your technology based ideas into a successful business, this text will be essential for all non-business students who need to understand entrepreneurship, management and innovation. It will also prove a useful introduction to all Masters-level students taking these subjects in business schools.
Book Synopsis Managing Technology Entrepreneurship and Innovation by : Paul Trott
Download or read book Managing Technology Entrepreneurship and Innovation written by Paul Trott and published by Routledge. This book was released on 2015-12-14 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managing Technology Entrepreneurship and Innovation is the first textbook for non-business based entrepreneurship courses, focussed on students with a background in science and technology. Its comprehensive, rigorous and yet accessible approach originates from the authors’ considerable experience mentoring students as they turn their technological ideas into real-life business ventures. . The text is separated into three parts providing a roadmap for successful entrepreneurial projects: Part I focusses on how to create your venture, turning technology into businesses and how to link together entrepreneurship and innovation Part II shows you how to grow your venture and make it profitable, looking at the early development of academic spin-outs and how to adapt your technology to the customers’ needs. Part III takes you through the day-to-day running on your business; whether to adopt a contingency or contextual approach, how to develop new products and services and alternative options for growth. With a wide range of practical steps, lists of things to consider and guidelines on how to turn your technology based ideas into a successful business, this text will be essential for all non-business students who need to understand entrepreneurship, management and innovation. It will also prove a useful introduction to all Masters-level students taking these subjects in business schools.
It is now widely recognized that many of the central unresolved problems in economic policy, management and research turn on questions of knowledge. Increasingly, complex firms and agencies must ask, and answer, such difficult questions as: What is knowledge? Where is it? Who has it? Does the organization lose or gain competitive advantage or effectiveness by sharing knowledge? Where can we find the knowledge we need? How can we measure knowledge? In a knowledge-based economy, these queries are integral to the pursuits of every policy maker, analyst and strategist. Knowledge Management in The Innovation Process - a joint project between Statistics Canada and Program of Research on Innovation Management and Economy (PRIME) at the University of Ottawa - brings together economic, social, measurement and policy views on these critical issues. This project fits into an ongoing research program at Statistics Canada to develop meaningful indicators for science, technology and innovation in a technology-intensive economy. It also fits into the ongoing program at PRIME to better understand technology policy and innovation strategy. This book tells the story of the dynamic interplay between knowledge and innovation with an eye to developing tools and frameworks for managing knowledge for social and economic benefit.
Book Synopsis Knowledge Management in the Innovation Process by : John de la Mothe
Download or read book Knowledge Management in the Innovation Process written by John de la Mothe and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is now widely recognized that many of the central unresolved problems in economic policy, management and research turn on questions of knowledge. Increasingly, complex firms and agencies must ask, and answer, such difficult questions as: What is knowledge? Where is it? Who has it? Does the organization lose or gain competitive advantage or effectiveness by sharing knowledge? Where can we find the knowledge we need? How can we measure knowledge? In a knowledge-based economy, these queries are integral to the pursuits of every policy maker, analyst and strategist. Knowledge Management in The Innovation Process - a joint project between Statistics Canada and Program of Research on Innovation Management and Economy (PRIME) at the University of Ottawa - brings together economic, social, measurement and policy views on these critical issues. This project fits into an ongoing research program at Statistics Canada to develop meaningful indicators for science, technology and innovation in a technology-intensive economy. It also fits into the ongoing program at PRIME to better understand technology policy and innovation strategy. This book tells the story of the dynamic interplay between knowledge and innovation with an eye to developing tools and frameworks for managing knowledge for social and economic benefit.
This text takes a broad look at the aspects that affect the creation and growth of technology-based entrepreneurship, from the process by which entrepreneurial firms are created, to the role of governments in creating them and to their management.
Book Synopsis Public Policy and the Management of Innovation in Technology-based Entrepreneurship by : Michael W. Lawless
Download or read book Public Policy and the Management of Innovation in Technology-based Entrepreneurship written by Michael W. Lawless and published by Elsevier Limited. This book was released on 1996 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text takes a broad look at the aspects that affect the creation and growth of technology-based entrepreneurship, from the process by which entrepreneurial firms are created, to the role of governments in creating them and to their management.
Book Synopsis Local and Global Aspects of the Innovation Process in Small, Technology-based Firms by : Maria Lindqvist
Download or read book Local and Global Aspects of the Innovation Process in Small, Technology-based Firms written by Maria Lindqvist and published by . This book was released on 1997 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt:
This very valuable book collects together excellent empirical essays on what amounts to a silent majority in advanced industrial societies: low and medium tech manufacturing industries. Such industries employ more people and make a larger contribution to aggregate value creation than their more lauded high-tech counterparts and moreover, they constitute extremely important customer industries for such higher tech producers. They may be neglected, but they are not going away indeed, this volume shows that they are growing and adapting to the new competitive challenges of globalization. Attending to the dynamics of innovation and change in this large sector is crucial for understanding processes of social and economic restructuring in Europe today. The essays in this volume are the first place to look for insight into this extremely important area of political economic life in Europe. Gary Herrigel, University of Chicago, US Innovation in Low-Tech Firms and Industries challenges the currently fashionable notion that the advent of a knowledge-based economy demands that all social resources should be diverted to high-technology industries. Hirsch-Kreinsen and Jacobson point out these constitute a small part of even the most advanced economies. Attention has been diverted from the important innovation processes which occur in low and medium technology (LMT) sectors. This volume calls on us to achieve a much better and wiser balance in our industrial policy. Terrence McDonough, National University of Ireland, Galway The authors of this book make an urgently needed provocative point: ordinary engineering and technology ( low-tech ) continue to be of greater importance, in our knowledge society , than high-tech activities, and they may be similarly demanding by the competence they require and produce. This counteracts the exaggerated hype about high-tech firms or activities. The high-tech classification itself is highly arbitrary and often superficial. The authors show in what way low-tech activities and firms are important, and how they can be cultivated to buttress the economic strength of industrial and post-industrial nations. Researchers and policymakers, please take note! Arndt Sorge, Wissenschaftszentrum Berlin, Germany and University of Groningen, The Netherlands It is a general understanding that the advanced economies are currently undergoing a fundamental transformation into knowledge-based societies. There is a firm belief that this is based on the development of high-tech industries. Correspondingly, in this scenario low-tech sectors appear to be less important. A critique of this widely held belief is the starting point of this book. It is often overlooked that many of the current innovation activities are linked to developments inside the realm of low-tech. Thus the general objective of the book is to contribute to a discussion concerning the relevance of low-tech industries for industrial innovativeness in the emerging knowledge economy. Providing examples of both theoretical and empirical research in this area, Innovation in Low-tech Firms and Industries will be of great interest to postgraduate students and academic researchers in innovation studies. It will also appeal to policy makers in the field of innovation policy as well as industrial economists and sociologists interested in traditional industries in advanced economies.
Book Synopsis Innovation in Low-tech Firms and Industries by : Hartmut Hirsch-Kreinsen
Download or read book Innovation in Low-tech Firms and Industries written by Hartmut Hirsch-Kreinsen and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: This very valuable book collects together excellent empirical essays on what amounts to a silent majority in advanced industrial societies: low and medium tech manufacturing industries. Such industries employ more people and make a larger contribution to aggregate value creation than their more lauded high-tech counterparts and moreover, they constitute extremely important customer industries for such higher tech producers. They may be neglected, but they are not going away indeed, this volume shows that they are growing and adapting to the new competitive challenges of globalization. Attending to the dynamics of innovation and change in this large sector is crucial for understanding processes of social and economic restructuring in Europe today. The essays in this volume are the first place to look for insight into this extremely important area of political economic life in Europe. Gary Herrigel, University of Chicago, US Innovation in Low-Tech Firms and Industries challenges the currently fashionable notion that the advent of a knowledge-based economy demands that all social resources should be diverted to high-technology industries. Hirsch-Kreinsen and Jacobson point out these constitute a small part of even the most advanced economies. Attention has been diverted from the important innovation processes which occur in low and medium technology (LMT) sectors. This volume calls on us to achieve a much better and wiser balance in our industrial policy. Terrence McDonough, National University of Ireland, Galway The authors of this book make an urgently needed provocative point: ordinary engineering and technology ( low-tech ) continue to be of greater importance, in our knowledge society , than high-tech activities, and they may be similarly demanding by the competence they require and produce. This counteracts the exaggerated hype about high-tech firms or activities. The high-tech classification itself is highly arbitrary and often superficial. The authors show in what way low-tech activities and firms are important, and how they can be cultivated to buttress the economic strength of industrial and post-industrial nations. Researchers and policymakers, please take note! Arndt Sorge, Wissenschaftszentrum Berlin, Germany and University of Groningen, The Netherlands It is a general understanding that the advanced economies are currently undergoing a fundamental transformation into knowledge-based societies. There is a firm belief that this is based on the development of high-tech industries. Correspondingly, in this scenario low-tech sectors appear to be less important. A critique of this widely held belief is the starting point of this book. It is often overlooked that many of the current innovation activities are linked to developments inside the realm of low-tech. Thus the general objective of the book is to contribute to a discussion concerning the relevance of low-tech industries for industrial innovativeness in the emerging knowledge economy. Providing examples of both theoretical and empirical research in this area, Innovation in Low-tech Firms and Industries will be of great interest to postgraduate students and academic researchers in innovation studies. It will also appeal to policy makers in the field of innovation policy as well as industrial economists and sociologists interested in traditional industries in advanced economies.
