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A Study on the Factors that Influence the Fitness Between Technology Strategy and Corporate Strategy

In: Managing Innovation What Do We Know About Innovation Success Factors?

Author

Listed:
  • Jin Chen
  • Yu-Bing He
  • Xin Jin

Abstract

Facilitating the company’s competitive advantage building as well as enhancing its financial performance, the fitness between one company’s technology strategy and its corporate strategy plays a significant role of ensuring the deployment of the company’s technological capability and technological resources. In order to analyze the factors which influence the fitness between a company’s technological capabilities and its corporate strategy, this study introduces four factors based on the former relevant studies. They are the external environment, top management, firm’s technological resources and the organizational convergence ability. Moreover, this study has creatively utilized technology attitude, product innovation and process innovation as three indicators to measure the studying object: the fitness between a company’s technology strategy and corporate strategy. After empirical research, a model is constructed, with all the detailed influencing factors and their functional mechanism included. Finally, the limitations and future expectations are discussed.

Suggested Citation

  • Jin Chen & Yu-Bing He & Xin Jin, 2019. "A Study on the Factors that Influence the Fitness Between Technology Strategy and Corporate Strategy," World Scientific Book Chapters, in: Alexander Brem & Joe Tidd & Tugrul Daim (ed.), Managing Innovation What Do We Know About Innovation Success Factors?, chapter 10, pages 245-270, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9781786346520_0010
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    More about this item

    Keywords

    Innovation Management; Technology Management; Innovation Success; Crowd; International Innovation;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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