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Corporate strategy and the management of innovation and technology

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  • Jens Fr¯slev Christensen

Abstract

This paper explores the evolution of corporate organization with special attention to the organization of R&D. More specifically, the paper addresses the comparative long-term organizational dynamics of management of innovation and technology in two different types of technology-based industrial companies: the 'related diversifier' pursuing 'synergistic economies' and the 'vertical integrator' pursuing 'vertical economies'. These types of companies are illustrated by case studies of two large Danish manufacturing companies. The analysis aligns the strategic management literature on strategy and structure in large companies with the literature on management of innovation and technology. It is argued that the organizational design for managing innovation and technology is contingent on both the overall strategy--structure profile and dynamics of the companies, and on key characteristics of their particular innovation and technology strategies. Copyright 2002, Oxford University Press.

Suggested Citation

  • Jens Fr¯slev Christensen, 2002. "Corporate strategy and the management of innovation and technology," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 11(2), pages 263-288.
    • Handle: RePEc:oup:indcch:v:11:y:2002:i:2:p:263-288
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    Cited by:

    1. David Urbano & Maribel Guerrero & João J. Ferreira & Cristina I. Fernandes, 2019. "New technology entrepreneurship initiatives: Which strategic orientations and environmental conditions matter in the new socio-economic landscape?," The Journal of Technology Transfer, Springer, vol. 44(5), pages 1577-1602, October.
    2. Miklós Koren & Silvana Tenreyro, 2013. "Technological Diversification," American Economic Review, American Economic Association, vol. 103(1), pages 378-414, February.
    3. René Belderbos & Marcelina Grabowska & Stijn Kelchtermans & Bart Leten & Jojo Jacob & Massimo Riccaboni, 2021. "Whither geographic proximity? Bypassing local R&D units in foreign university collaboration," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(7), pages 1302-1330, September.
    4. Srholec, Martin & Verspagen, Bart, 2008. "The Voyage of the Beagle in Innovation Systems Land.Explorations on Sectors, Innovation, Heterogeneity and Selection," MERIT Working Papers 2008-008, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    5. Mohamad Reza Sanaei & Farzad Movahedi Sobhani, 2018. "Information technology and e-business marketing strategy," Information Technology and Management, Springer, vol. 19(3), pages 185-196, September.
    6. Efstathios Tapinos & Graham Leask & Mike Brown, 2023. "Perceived environmental turbulence and corporate strategy: The case of the UK recession," Futures & Foresight Science, John Wiley & Sons, vol. 5(3-4), September.
    7. Silvia Massini & Marcela Miozzo, 2010. "Outsourcing and Offshoring of Knowledge-Intensive Business Services: Implication for Innovation," Chapters, in: Faïz Gallouj & Faridah Djellal (ed.), The Handbook of Innovation and Services, chapter 20, Edward Elgar Publishing.
    8. Bercovitz, Janet E.L. & Feldman, Maryann P., 2007. "Fishing upstream: Firm innovation strategy and university research alliances," Research Policy, Elsevier, vol. 36(7), pages 930-948, September.
    9. Arasti, Mohammadreza & Khaleghi, Mahdi & Noori, Javad, 2017. "Corporate-level technology strategy and its linkage with corporate strategy in multi-business companies: IKCO case study," Technological Forecasting and Social Change, Elsevier, vol. 122(C), pages 243-252.
    10. Mazzanti, Massimiliano & Mancinelli, Susanna, 2007. "SME Performance, Innovation and Networking Evidence on Complementarities for a Local Economic System," Knowledge, Technology, Human Capital Working Papers 9554, Fondazione Eni Enrico Mattei (FEEM).
    11. Alexander Nickolaevich Melnik & Kirill Andreevich Ermolaev & Mikhail Sergeevich Kuzmin, 2019. "Mechanism for Adjustment of the Companies Innovative Activity Control Indicators to Their Strategic Development Goals," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 20(3), pages 189-218, September.
    12. Elias G. Carayannis & Luca Dezi & Gianluca Gregori & Ernesto Calo, 2022. "Smart Environments and Techno-centric and Human-Centric Innovations for Industry and Society 5.0: A Quintuple Helix Innovation System View Towards Smart, Sustainable, and Inclusive Solutions," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(2), pages 926-955, June.
    13. Christensen, Jens Froslev, 2002. "Incongruities as a source of organizational renewal in corporate management of R&D," Research Policy, Elsevier, vol. 31(8-9), pages 1317-1332, December.
    14. Daniela DUCA, 2013. "Moldova’S Chance To Innovation: Can The Cis Survey Help A Developing Countrysucceed?," ECONOMY AND SOCIOLOGY: Theoretical and Scientifical Journal, Socionet;Complexul Editorial "INCE", issue 3, pages 96-104.
    15. Rui Li & Yongmei Cui & Yajun Zheng, 2021. "The Impact of Corporate Strategy on Enterprise Innovation Based on the Mediating Effect of Corporate Risk-Taking," Sustainability, MDPI, vol. 13(3), pages 1-17, January.
    16. Thordur Vikingur Fridgeirsson & Helgi Thor Ingason & Johannes Onjala, 2023. "Innovation, Awareness and Readiness for Climate Action in the Energy Sector of an Emerging Economy: The Case of Kenya," Sustainability, MDPI, vol. 15(17), pages 1-26, August.

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