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Technology Vision: a scale development
Author(s) -
Reid Susan E.,
Roberts Deborah L.
Publication year - 2011
Publication title -
randd management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.253
H-Index - 102
eISSN - 1467-9310
pISSN - 0033-6807
DOI - 10.1111/j.1467-9310.2011.00661.x
Subject(s) - clarity , extant taxon , construct (python library) , context (archaeology) , scale (ratio) , order (exchange) , business , process management , knowledge management , computer science , paleontology , biochemistry , chemistry , physics , finance , quantum mechanics , evolutionary biology , biology , programming language
Researchers have cited significant gaps in our knowledge regarding the early stages of vision formation in the radical innovation context and have emphasised the importance of further investigation in this area. As such, this paper aims first to build on the extant literature on organizational, project and M arket V ision in order to construct a measure for T echnology V ision through theory construction, scale development and modeling. The second goal is to help firms to better understand what the underlying components of Technology Vision are in order to offer themselves the best possible chance of success with the development of radically new, high‐tech products. Based on samples of firms involved with radical innovation research and development in high‐tech sectors in N orth A merica and the U nited K ingdom, conceptual and measurement studies conducted herewith suggest there are five factors related to T echnology V ision: T echnology V ision benefits, T echnology V ision efficiency, T echnology V ision magnetism, T echnology V ision specificity, and infrastructure clarity. The paper concludes with an examination of the implications of these components of T echnology V ision and discusses the need to understand its relationship with M arket V ision and the performance of the firm.