Summary form only given, as follows. The author presents a technological development model for product and company development based on a distinction between explicit and implicit technologies. Implicit technologies are evolving technologies while explicit technologies are established technologies. Based on empirical data from Swedish companies, a number of strategic dimensions are discussed such as network interaction and combining knowledge from various sources. These concepts are then used to present an integrated model of strategy formation and product and company development. It is argued that this view of technological development facilitates the understanding and analysis of innovation and entrepreneurship in highly changing and changeable technological and market environments. In these situations traditional management models based on predictability and planning are not sufficient if one is to understand how radical technological breakthroughs take place and be able to create favorable conditions for their occurrence
H. E. Nystrom, "A Technological Development Model for Strategy Formation," Proceedings of Technology Management : the New International Language, 1991, Institute of Electrical and Electronics Engineers (IEEE), Jan 1991.
The definitive version is available at https://doi.org/10.1109/PICMET.1991.183800
Technology Management : the New International Language, 1991
Engineering Management and Systems Engineering
Keywords and Phrases
Swedish Companies; Company Development; Management; Product Development; Strategy Formation; Technological Development Model
Article - Conference proceedings
© 1991 Institute of Electrical and Electronics Engineers (IEEE), All rights reserved.