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Technology Strategies

In: Entrepreneurship and Innovation During Austerity

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  • Ian Chaston

Abstract

Technological change is possibly one of the most critical of the meta-events that can create a future strategic opportunity or threat for any organisation. This is because technology can provide the basis of totally new industries or permit smaller firms to develop a competitive advantage based upon disruptive innovation which is capable of successfully challenging an industry’s market leaders. The risk facing the developed nations during the new austerity in technological innovation is assisting developing nations to more rapidly engage in industrialisation and accelerate the speed with which companies from these areas of the world can begin to move towards achieving global market leadership.

Suggested Citation

  • Ian Chaston, 2013. "Technology Strategies," Palgrave Macmillan Books, in: Entrepreneurship and Innovation During Austerity, chapter 9, pages 143-160, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-32443-6_9
    DOI: 10.1057/9781137324436_9
    as

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