An Analysis of the Role of Techno-Market in Creating and Strengthening Innovation in Organizations

Document Type : Original Article

Authors

University of Science and Technology

Abstract

The increasing importance of technology has lead to the introduction of different mechanisms for its development, transfer, diffusion and deployment. Techno-market is one of the most important mechanisms in our country, which has attracted considerable attention in recent years. This article tries to explain how mediating institutions such as techno-market can promote innovation in organizations, and uses structural equations modeling (SEM). To do so, we first review the techno-market mechanisms and the indicators related to innovation performance, innovation stimuli and innovation capacity. Model processing is done using partial least squares (PLS) approach in the SmartPLS software. By means of a questionnaire, the opinions of experts in the field of technology management are extracted as the input to analyze the relationships. The results of the model processing indicate that techno-market with the defined functions has no direct effects on innovation performance and its major impact is on innovation stimuli and innovation capacity.

Keywords

References

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  • Receive Date: 09 March 2013
  • Accept Date: 08 July 2014

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