MB403-Unit 12-Technological Innovation System

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Technological Innovation System

Dr Rajesh Tripathi
Technological Innovation System: Framework

• Technology Innovation Systems are defined in


terms of knowledge /competence flows rather
than flows of ordinary goods and services. They
consist of dynamic knowledge and competence
network in presence of an entrepreneur and
sufficient critical mass, such networks can be
transformed into development blocks ie
synergistic cluster of firms and technologies
with an industry, Carlsson and Stankiewicz
Structures of Technological Innovation
System
• Actors
• Institutions
• Technological Factors
Seven System Functions
• Entrepreneurial Activities
• Knowledge development
• Knowledge Diffusion/Knowledge Exchange
• Guidance of the search
• Market Formation
• Resource Mobilisation
• Support from Advocacy Coalitions
Challenges: Acquiring New Technologies and
Capabilities
• Improper documentation and implicit
knowledge
• Cultural and Symbolic Independence
• Detailed Knowledge Exchange
• Management of Executives
• Transfer of technologies

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