5 Technology, Innovation, and Disruption
Objectives and Learning Outcomes
This chapter provides an overview of contemporary perspectives and methods relevant to the management of technology and innovation. The chapter opens with a general account of how technology can be defined, making clear that a general characteristic of technology is that it serves specific, goal-oriented purposes. Further context is provided through the presentation of two well-known frameworks for the classification of technologies. This is followed by an introduction to the concept of innovation, highlighting that the outcomes of innovation are always subject to a degree of uncertainty. As a relatively recent addition to theories of innovation ...
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