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Technology management - a complex adaptive systems approach

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UNSPECIFIED (2003) Technology management - a complex adaptive systems approach. INTERNATIONAL JOURNAL OF TECHNOLOGY MANAGEMENT, 25 (8). pp. 728-745. ISSN 0267-5730

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Abstract

There are systems methods and evolutionary processes that can help organisations understand the innovative patterns and competitive mechanisms that influence the creation, management and exploitation of technology. This paper presents a specific model based on the evolutionary processes of variation, selection, retention and struggle, coupled with fitness landscape theory. This latter concept is a complex adaptive systems theory that has attained recognition as an approach for visually mapping the strategic options an evolving system could pursue. The relevance and utility of fitness landscape theory to the strategic management of technology is explored, and a definition and model of technological fitness provided. The complex adaptive systems perspective adopted by this paper, views organisations as evolving systems that formulate strategies by classifying, selecting, adopting and exploiting various combinations of technological capabilities. A model called the strategy configuration chain is presented to illustrate this strategic process.

Item Type: Journal Article
Subjects: T Technology > TA Engineering (General). Civil engineering (General)
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Journal or Publication Title: INTERNATIONAL JOURNAL OF TECHNOLOGY MANAGEMENT
Publisher: INDERSCIENCE ENTERPRISES LTD
ISSN: 0267-5730
Date: 2003
Volume: 25
Number: 8
Number of Pages: 18
Page Range: pp. 728-745
Publication Status: Published
URI: http://wrap.warwick.ac.uk/id/eprint/9766

Data sourced from Thomson Reuters' Web of Knowledge

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