Title: The co-evolution of technology and entrepreneurship: lessons for development from India and Korea

Authors: Gita Surie, Mariano Torras

Addresses: Department of Management and Decision Sciences, School of Business, Adelphi University, USA. ' Department of Finance and Economics, School of Business, Adelphi University, USA

Abstract: While technology and entrepreneurship are independently viewed as critical factors in firm survival and competitiveness, how entrepreneurial capabilities evolve in the context of technology absorption and contribute to development is less well understood. This paper develops a conceptual framework for understanding how technology and entrepreneurship co-evolve and contribute to the emergence of new ventures and development. Two case studies of the steel industry in India and South Korea illustrate the framework and provide lessons for fostering development in emerging economies and low growth regions of industrialised countries.

Keywords: technological innovation; entrepreneurship; economic development; technoentrepreneurship; India; Korea; technology absorption; new ventures; emerging economies; low growth regions.

DOI: 10.1504/IJTE.2007.016955

International Journal of Technoentrepreneurship, 2007 Vol.1 No.2, pp.183 - 206

Published online: 01 Feb 2008 *

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