Title: Explaining the competitive advantage in strategic research and technology management for research and technology organisations
Authors: Reza Bandarian
Addresses: Commercialization and Business Development Department, Technology Management Division, Research Institute of Petroleum Industry, West Blvd. Azadi Sports Complex, P.O. Box 14665-137, Tehran, Iran
Abstract: Effective management of research and technology organisations (RTOs), lie in creating and delivering competitive advantage through creating value for customers. Due to the absence of models that explains the competitive advantage in RTOs, this study attempts to define the competitive advantage in strategic research and technology management in RTOs. Regarding to the identity of RTOs which is fully mixed with knowledge and technology, the base of competition in this category of organisations is providing integrated technology-based solutions for related businesses. Hence, the basis of discussion regarding strategic management in this area is interwoven to the concept of rapid technological changes and consequently dynamic capability with emphasis on technological innovation and entrepreneurship. Therefore, the latest theories of strategic management with an emphasis on dynamic capabilities (and evolutionary approaches) were used to develop a model in order to explain the competitive advantage in strategic research and technology management in RTOs.
Keywords: strategic research; technology management; research and technology organisations; ROTs; competitive advantage; strategic management approach.
International Journal of Business Continuity and Risk Management, 2020 Vol.10 No.1, pp.23 - 46
Received: 07 Sep 2018
Accepted: 20 Mar 2019
Published online: 04 Mar 2020 *