The Evolution of Ecosystems for Converging Technologies – Drivers and Barriers of Technology Exploration and Exploitation

Daniel Laufs, Ferran Giones, Carsten Schultz, Jan-Philip Riebenstein

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Convergent technologies, like biotechnology, rely on the contribution of multiple scientific disciplines and are applied to distant needs and markets. As such, the development of technologies and related applications fields require the evolution of ecosystems that involve multidisciplinary, previously unrelated, actors in collaborative exploration and exploitation processes. We know little on how these processes unfold, in particular in the early stages of the ecosystem development.
Previous research suggests that human and social capital [1], patents and VC funding [2], or market orientation [3] among other factors, influence the development of biotechnology firms. But less is known on the earlier stages how application fields emerge from laboratory research [4] and how they shape technology commercialization opportunities [5]. We address this gap exploring the antecedents and consequences of the loose connection between research and applications fields in an emerging biotechnology.
The article aims to determine the nature of the co-evolution of the converging technology and the ecosystems requirements, including the analysis of key actors and their interactions over time. This helps us to generate an understanding of the pattern of technology convergence as well as of the drivers and barriers that affect the innovation process. In order to develop a holistic framework of the interplay between technology exploration and exploitation and the relevant ecosystem, we perform an explorative study using a case from marine biotechnology.
Publikationsdatojun. 2018
StatusUdgivet - jun. 2018
BegivenhedICE/IEEE International Technology Management Conference - BWCON - Stuttgart, Stuttgart, Tyskland
Varighed: 18. jun. 201820. jun. 2018
Konferencens nummer: 24th


KonferenceICE/IEEE International Technology Management Conference
LokationBWCON - Stuttgart


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