The Use of Nano-Filtration Metaphor in Extracting Technology Strategy for Nanotechnology-Based Enterprises

Abstract

Technology strategy extraction models have been regarded as one of the most important tools for managers who are investigating new factors about firm performance and survival. This study looked into TSs of high-nanotech companies, or new technology-based firms. The environmental conditions imposed to these entrepreneurial firms separate the technology strategy development process into two parts, selection stage of TS model and adjusting stage of this model regarding to moderators, thus in this research, one of TS models has been chosen as its fundamental model for Iranian nanotechnology-based enterprises’ TS. In addition, four key environmental moderators (sustainable technology development, developing country, high nanotechnology industry, and information availability) adjusting this model, have been determined. To make the understanding of TS extraction model easier for engineers and other technical people, this study presents a filtration metaphor including four main stages along with four key environmental moderators. This metaphor, which compares selective filtration process with a technology strategy extraction under environmental moderating conditions, helps to bridge the gap between managers and engineers. DOI: http://dx.doi.org/10.5755/j01.ee.24.5.5915