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Technology strategy and China's technology capacity building

Technology strategy and China's technology capacity building Purpose – China has the potential to become a major source of innovation for the world. The scientific investment is in place and rapidly growing. But in order to reap the benefits of this investment its organisations will have to become better at managing innovation. One of the key elements of innovation management is the determination and implementation of a sound technology strategy. The purpose of this paper is to offer a framework and a detailed overview of what it entails to develop and implement a technology strategy. Design/methodology/approach – The methodology adopted is observation and literature survey. Findings – The paper emphasizes the alignment of the strategy with the organisational competencies and the strategic context, as well as the capacity to manage risk. The attention is also drawn on the need to find better ways for intellectual property protection, leveraging the Chinese market to explore opportunities for innovative ideas and the need to create less hierarchical organisations, that enable creative thinking. Originality/value – This paper is an original summary of a wide range of research results on technology strategy. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Technology Management in China Emerald Publishing

Technology strategy and China's technology capacity building

Arnoud de Meyer
Journal of Technology Management in China , Volume 3 (2): 17 – May 30, 2008
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Publisher
Emerald Publishing
Copyright
Copyright © 2008 Emerald Group Publishing Limited. All rights reserved.
ISSN
1746-8779
DOI
10.1108/17468770810881086
Publisher site
See Article on Publisher Site

Abstract

Purpose – China has the potential to become a major source of innovation for the world. The scientific investment is in place and rapidly growing. But in order to reap the benefits of this investment its organisations will have to become better at managing innovation. One of the key elements of innovation management is the determination and implementation of a sound technology strategy. The purpose of this paper is to offer a framework and a detailed overview of what it entails to develop and implement a technology strategy. Design/methodology/approach – The methodology adopted is observation and literature survey. Findings – The paper emphasizes the alignment of the strategy with the organisational competencies and the strategic context, as well as the capacity to manage risk. The attention is also drawn on the need to find better ways for intellectual property protection, leveraging the Chinese market to explore opportunities for innovative ideas and the need to create less hierarchical organisations, that enable creative thinking. Originality/value – This paper is an original summary of a wide range of research results on technology strategy.

Journal

Journal of Technology Management in China – Emerald Publishing

Published: May 30, 2008

Keywords: Technology led strategy; Innovation; China

References

  • Getting the most out of your product development process
    Adler, P.S.; Mandelbaum, A.; Nguyen, V.; Schwerer, E.
  • What is not a real option: considering boundaries for the application of real options to business strategy
    Adner, R.; Levinthal, D.A.
  • Real options and real tradeoffs
    Adner, R.; Levinthal, D.A.
  • Recent advances in R&D benefit measurement and project selection
    Baker, N.R.; Freeland, J.
  • Strategy through the option lens: an integrated view of resource investments and the incremental‐choice process
    Bowman, E.H.; Hurry, D.