Building a new representation of the dynamics of organizational systems to make more suitable strategic decisions on innovation and technology management. (1st June 2016)

• Record Type: Journal Article
• Authors: Morua, Juan; Marin, Aramis
• Is Part Of: International journal of technology management & sustainable development. Volume 15:Number 2(2016)
• Page Start: 111
• Page End: 132
• Publication Date: 2016-06-01
• Subjects: Sustainable development -- Periodicals; Technology -- Management -- Periodicals; 333.714
• DOI: 10.1386/tmsd.15.2.111_1
• Languages: English
• ISSNs: 1474-2748

Abstract

Taking into consideration the fact that innovation is a social dynamic process and that high-technology markets change quickly, we question the statistical models of organizations and the repercussions they have on strategic decisions. The aim of this article is to contribute towards a new complex representation of dynamic phenomena within organizations in order to make more suitable strategic decisions on innovation and technology management. To this end, we will develop our ideas in three sections. First of all, we will show how the dynamics of any organizational system, submitted to restrictions, uncertainty and variability, evolve and degrade. Second, we will expand on the elements that will constitute a new representation of firms by using dynamic principles, in order to better drive the enterprise forward in their changing, unstable and uncertain environment, as innovative and high-technology markets. Finally, we will propose the use of entropy to question and anticipate some of the dynamic effects on the system, which will allow us to develop a more suitable innovation strategy, using a complex thought as well as mixing statistical and heuristic tools to support decision-making processes.