Charles M. Weber
Strategic Management of Technology
ETM 526 / 626
Many Managers today are leveraging value management as a major contributing tactic in strategic plans. More often than not this value is a direct output from the technology divisions of the company. Resource based technology strategy includes intellectual property whereas product based technology strategy is developing innovative products/processes within the organization. Firms interacting with each other within a set industry are commonly referred to as an ecosystem. In this context, strategy timing is capturing the greatest business advantage at the same time creating the most value within the ecosystem. Intangible resources of Intellectual property & trade secrets as well as tangible assets of innovative processes & product design must be timely leveraged to compliment the efforts of a healthy ecosystem as well as maximize a sustainable business advantage.
Fritz, Jesse, "Strategy Timing in Ecosystems" (2017). Engineering and Technology Management Student Projects. 8.