Title: Strategic management in technology-intensive industries
Author: Jacques B.H. Van Der Meer, Roland Calori
Groupe ESC de Lyon, Lyon Graduate School of Business, Business Policy Department, 23 Avenue Guy de Collongue, Boite Postale 174, 69132 Ecully Cedex, France.
Groupe ESC de Lyon, Lyon Graduate School of Business, Business Policy Department, 23 Avenue Guy de Collongue, Boite Postale 174, 69132 Ecully Cedex, France
Abstract: This paper is based on an exploratory study of 12 Western European companies in four technology-intensive industries: semiconductors, photovoltaics, robotics and pharmaceuticals. The study revealed several common characteristics among successful companies in those dynamic industrial settings. After defining 'technology-intensive' industries, the authors address the following aspects: the critical success factors in the industries; the importance of a clear definition of a company's domain; the weight of inter-organizational strategies; the need for multi-functional collaboration; the nature of strategic decision-making; and the importance of human resource management.
Keywords: strategic management; high tech industries; high technology strategy; Europe; semiconductors; photovoltaics; robotics; pharmaceuticals; technology management; critical success factors; inter-organisational strategies; multi-functional collaboration; strategic decision making; human resource management; HRM.
Int. J. of Technology Management, 1989 Vol.4, No.2, pp.127 - 139
Available online: 26 May 2009