Technology Innovation

Intelligence

Technology Strategy

 

Technology Intelligence

Collecting, analyzing, and using technology information

Vadim Kotelnikov

Vadim Kotelnikov, founder of 1000ventures - personal logo

Founder

     

 

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Five Dimensions of Technology Intelligence

  1. Objectives of the scanning activity

  2. Type of information sought

  3. Sources of data and information

  4. Methods used to convert data obtained into valuable insights

  5. Practices used to manage technology intelligence

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Why Technology Intelligence?

Leading companies install an intelligence system ( competitive, technology, business, market or customer  intelligence) to collect and analyze information on market, product, and technology changes and on other environmental transformations in order to increase their decision-making quality and competitiveness and develop a better technological vision and technology strategy.  >>>

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As organizational needs in information on markets, competitors, products, and technology changes may differ, there are different ways to develop and implement technology intelligence activities, depending upon the business environment, its uncertainty, technology strategy, and the resources and capabilities available.

 

 

Another important factor influencing the technology intelligence needs depends on the stages in the company life cycle.

Jack Welch's 5 Strategic Questions

Technology Intelligence in Start-Up Ventures

Flexibility and speed of response are key advantages of start-up ventures based on their organizational knowledge base.

To support sustainable growth, this organizational knowledge base has to be elaborated on and carefully cultivated.  During the initial stages (inception, pilot production, rolling out, and growth phase), startup firms are especially faced with rapid changing technology and innovation management activities, and therefore, with changing technology intelligence needs as well.

Because of the entrepreneurial dynamics and cultures within start-up ventures,  implementing a technology intelligence model from traditional firms and the search for “the” technology management approach seems not to be very promising. Therefore, technology intelligence has to be looked at in a more generic manner – e.g. by using the four behavioral modes of intelligence activities – in order to be managed in start-up ventures.

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Systemic Innovation Business Innovation Organizational Innovation Strategy Innovation Technology Innovation Process Innovation Product Innovation Creative Marketing Ten3 Business e-Coach: global success Innovarsity Vadim Kotelnikov Systemic Innovation: 7 Areas Business Success 360 Denis Kotelnikov Emfographics Actors Innovation Management: 7 Areas of Systemic Innovation

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References:

1. "Technology Intelligence in the New Technology-Based Firm (NTBF)", Dr. Pascal Savioz, Martin Luggen & Prof. Dr. Hugo Tschirky

2. "Technology Scanning by Small Canadian Manufacturers", L.Raymon, P.-A. Julien and C.Ramangalahy