A recent paper in Management Science titled "Fortune Favors the Prepared Firm" (Cohen and Levinthal [Cohen, W. M., D. A. Levinthal. 1994. Fortune favors the prepared firm. Management Sci. 40(2) 227--251.]) is a pioneering work insofar as it introduces the concept of a firm's absorptive...

A critical factor in industrial competitiveness is the ability of firms to exploit new technological developments. We term this ability a firm's absorptive capacity and argue that such a capability not only enables a firm to exploit new extramural knowledge, but to predict more accurately the...

The shipbuilding sector’s multiple contributions to the social and economic development, as well as to science and technology, of major maritime countries mean that the sector attracts strong interest of entrepreneurs, researchers, and government agencies. Meanwhile the diverse forms of...

Technology Intelligence has become an important field of study in which a variety of different methods are discussed, all aiming at identifying opportunities and threats arising from advances in technology. In this respect, Technology Scouting is a method which can lower the time lag between the...

This paper applies the multiple-perspective decision-making approach [Linstone (1984, 1999); Linstone and Zhu (2000)] and the concepts of discounting and technological forecasting and planning as a framework to study the influence of culture on technology development and management in Korea....

A nonuniform influence (NUI) innovation diffusion model for forecasting first adoptions of a new product is proposed. An extension of the Bass model, the proposed model overcomes three limitations of the existing single-adoption diffusion models. First, the current models generally assume that...