Difference between revisions of "Technological competence leveraging"

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(Created page with "Extraction of additional value from underutilized resources. As learning takes place, a firm is able to apply the capabilities learned and resources earned in one situation to...")
 
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Extraction of additional value from underutilized resources. As learning takes place, a firm is able to apply the capabilities learned and resources earned in one situation to serve a different market or opportunity.
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Technological competence leveraging
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Technological competence leveraging is a combination of:
 
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* the exploitation of an '''existing technological competence''' ([[Technology de-linking|Technology de-linking]])
 
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* the exploration of competences to '''serve new customers'''. ([[Technology re-linking|Technology re-linking]])
 
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<img src = "/static/files/MBI/Module%206/TechnologicalCompetenceLeveraging.PNG" width=400>
 
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Technology leveraging involves allocating fungible resources to be transformed into specific resources, in particular market-related resources. This requires transformation of generic resources, such as time and money, into specific resources, such as sales and distribution channels and knowledge about customers. Resources, both financial and human, need to be sufficient (in amount), dedicated (in allocation), and consistent (over time) in order for technology leveraging to occur.
 
 
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Revision as of 19:21, 27 August 2020

Technological competence leveraging