Operations Research, Systems Engineering and Industrial Engineering Commons^™

A Technological Development Model For Strategy Formation, Halvard E. Nystrom

Engineering Management and Systems Engineering Faculty Research & Creative Works

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 …