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Innovation in Stra.Tech.Man (Strategy-Technology-Management) Terms

Author

Listed:
  • Vlados, Charis

    (Democritus University of Thrace, Department of Economics)

  • Katimertzopoulos, Fotios

    (Democritus University of Thrace, Department of Economics)

  • Blatsos, Ioannis

    (Athens University of Economics and Business)

Abstract

The conventional neoclassic approach of the entrepreneurial economic development perceives innovation to a large extent restrictively and unproductively. In a parallel motion, the conventional Keynesian perspective proves to be as well insufficient to study the innovation dynamics evolutionary and dialectically. On the contrary, toward a theoretical repositioning of the innovation studies, there are appearing new approaches that continue the evolutionary study of the capitalistic Firm’s physiology that began in the mid-20th century. This paper focuses especially on this theoretical redefinition to innovation dynamics. It tries to unfold a view of the Firm of physiological and evolutionary type, by highlighting a new synthesis of Strategy, Technology and Management (the ‘Stra.Tech.Man’ triangle) that represents the organic center of the produced innovation, inside all socioeconomic organisms.

Suggested Citation

  • Vlados, Charis & Katimertzopoulos, Fotios & Blatsos, Ioannis, 2018. "Innovation in Stra.Tech.Man (Strategy-Technology-Management) Terms," DUTH Research Papers in Economics 9-2018, Democritus University of Thrace, Department of Economics.
    • Handle: RePEc:ris:duthrp:2018_009
    Note: Journal of Entrepreneurship and Business Innovation, 5(2), 1-26, 2018
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    Cited by:

    1. Katimertzopoulos, Fotios & Vlados, Charis & Koutroukis, Theodore, 2020. "Regional Innovation Systems and Less Developed Business Ecosystems: Fundamental Concepts and Theoretical Trends," DUTH Research Papers in Economics 7-2020, Democritus University of Thrace, Department of Economics.

    More about this item

    Keywords

    Innovation; firm theory; evolutionary economics; Stra.Tech.Man analysis;
    All these keywords.

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • O39 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Other

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