Innovation in Stra.Tech.Man (strategy-technology-management) terms (original) (raw)

The conventional neoclassic approach of the entrepreneurial economic development perceives innovation to a large extent restrictively and unproductively. In a parallel motion, the conventional Keynesian perspective proves to be as well insufficient to study the innovation dynamics evolutionary and dialectically. On the contrary, toward a theoretical repositioning of the innovation studies, there are appearing new approaches that continue the evolutionary study of the capitalistic Firm’s physiology that began in the mid-20th century. This paper focuses especially on this theoretical redefinition to innovation dynamics. It tries to unfold a view of the Firm of physiological and evolutionary type, by highlighting a new synthesis of Strategy, Technology and Management (the ‘Stra.Tech.Man’ triangle) that represents the organic center of the produced innovation, inside all socioeconomic organisms.