Technology development perspective on entrepreneurship
pp. 177-198
in: Roméo V. Turcan, Norman M. Fraser (eds), The Palgrave handbook of multidisciplinary perspectives on entrepreneurship, Berlin, Springer, 2018Abstract
Hansen and Madsen aim to understand the nature of technology development in an entrepreneurial project perspective as well as how technology development activities affect other essential activities in entrepreneurial projects. The maturity and the state of performance of some technologies might provide a bottleneck in achieving an overall performance that can justify a realizable solution. However, technology in its purest sense is more often than not the key to understand a breakthrough of a given entrepreneurial innovation: It is the breakthrough that also involves the meaning of the context wherein technology plays a central role. Hansen and Madsen suggest that, by seeing technology development in a value-chain perspective, it is possible to monitor progress and to evaluate the effectiveness of undertaken entrepreneurial activities.