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Technology Strategies of Large Enterprises in Indian Industr
Firms' technology choices determine to a significant extent their competitiveness and growth profile in the long run. Recent literature on technological change at the firm level draws from a wide variety of disciplines including business strategy, organisational theory, economics and business h...
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| Format: | Article |
| Language: | English |
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1994
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| Summary: | Firms' technology choices determine to a significant extent their competitiveness and growth profile in the long run. Recent literature on technological change at the firm level draws from a wide variety of disciplines including business strategy, organisational theory, economics and business history. An inter-disciplinary approach for analysing technology strategies is desirable because there are many strategic choices which firms make that affect the payoff to investing in technology. The objective of this paper is not to evolve a comprehensive analytical framework for studying firms' technology strategies. Such an exercise in any case is outside the purview of my capabilities. The purpose of recognising the need for an inter-disciplinary approach at the outset is to put this paper in a wider perspective and to assure the reader that I am only grappling with a very small subset of the firms' strategic options. It is widely recognised now that a firm's technology strategy is influenced by the 'technology regime in which it operates. The regime is broadly defined by a combination of variables capturing industrial structure. nature of technical knowledge (e.g., complexity and... |
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