Title: Technological innovation as responding to business challenges – case study and theorisation

Authors: Suck-Chul Yoon

Addresses: College of Business Administration, Seoul National University, Seoul 151–742, Korea

Abstract: This paper adopts Toynbee|s philosophy of history for a management theory to explain the rise and fall of technology-based business firms. Toynbee|s concepts, such as challenge, response and creative minorities are analysed and adapted for technology management. Findings from in-depth case studies are organised into a model for technology managers to use in ||responding|| to business ||challenges||.

Keywords: technological innovation; business challenges; creative minorities; technology management; Toynbee; technology-based firms; Korea; philosophy of history; management theory.

DOI: 10.1504/IJTM.2005.006001

International Journal of Technology Management, 2005 Vol.29 No.3/4, pp.295 - 307

Published online: 19 Jan 2005 *

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