IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Technology-Push or Market-Pull?: A Model for Managing the Innovation Process in Malawian Firms

Technology-Push or Market-Pull?: A Model for Managing the Innovation Process in Malawian Firms
View Sample PDF
Author(s): Edwin Saidi (Financial Intelligence Unit, Malawi)
Copyright: 2013
Pages: 12
Source title: Business Innovation, Development, and Advancement in the Digital Economy
Source Author(s)/Editor(s): Ionica Oncioiu (European Academy of the Regions, Belgium)
DOI: 10.4018/978-1-4666-2934-9.ch012

Purchase

View Technology-Push or Market-Pull?: A Model for Managing the Innovation Process in Malawian Firms on the publisher's website for pricing and purchasing information.

Abstract

Technological advancements and market needs are some of the significant forces fuelling the introduction of products and services in a wide range of business sectors. Many product and service providers have utilized the so-called technology-push and market-pull, the simple linear views of innovation which prescribe the use of technological discoveries and the involvement of the market respectively to produce goods and services. Others have gone further to adopt models of innovation which recognize the interaction of the different functional units of a firm and the combination of the technology-push and market-pull views with feedback from the external environment. Malawi has witnessed the introduction of a complete array of technology-based products and services catering for different business sectors. This paper investigates how Malawian firms manage the process of innovation in the development or introduction of Information Technology (IT) products and services and proposes suitable models which firms can adopt in managing and strategizing around technological innovation in the Malawian environment. The results suggest that while firms must adhere to specific models of innovation, it is generally useful to take full advantage of the linear market-pull model and the conceptual framework of innovation.

Related Content

Vincent Lennard Kraus. © 2023. 32 pages.
Tlou Maggie Masenya. © 2023. 16 pages.
Arzu Tufan, Gurkan Tuna. © 2023. 30 pages.
Wasswa Shafik. © 2023. 19 pages.
Calvin Nobles, Sharon L. Burton, Darrell Norman Burrell. © 2023. 23 pages.
Darrell Norman Burrell, Calvin Nobles, Austin Cusak, Laura Ann Jones, Jorja B. Wright, Horace C. Mingo, Jennifer Ferreras-Perez, Katrina Khanta, Philip Shen, Kevin Richardson. © 2023. 16 pages.
Jorja B. Wright, Darrell Norman Burrell. © 2023. 12 pages.
Body Bottom