New Paradigms in Technological Innovation Management

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Technological innovation system explains the nature and rate of technological change. It can be applied to three levels of analysis namely, to technology as a field of knowledge, to a product or artifact, or to a set of related products and artifacts developed with the aim to satisfy a specific purpose. The structures in a technological innovation system represent the static aspect of the system and are distinguished into three categories- actors, institutions and technological factors. The organizations that contribute to a technology are actors. These may also be developers, financiers, regulators, etc. The institutional structures form the core of the innovation system. These are the institutional rules and constraints that shape human interaction. Technological factors are essential for understanding the feedback mechanisms between technological and institutional change. The book studies, analyzes and upholds the pillars of technological innovation management with respect to business organizations and its utmost significance in modern times. It presents researches and studies performed by experts across the globe. It is appropriate for students seeking detailed information in this area as well as for experts.