Technological competence leveraging

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.

Technological competence leveraging is a combination of:

• the exploitation of an existing technological competence (Technology de-linking)
• the exploration of competences to serve new customers. (Technology re-linking)

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.