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Sophistication of new technologies
and the increased reliance on the application of new technology by business
has produced several different forms of interdependence for companies:
▪ between industry and R&D
institutions and other sources of external research
▪
technology chain
–
supply chain, production, and
customer relationship management - the
application of a new technology in one of these requires changes in the
operations of others
▪
products and processes
– the focus of technological advance may shift interconnectedly
between one and the other
▪
new product
or service development
jointly by several firms through collaborative R&D, and
cooperative
technology agreements
▪
outsourcing of some new product
development phases, e.g. product
design or rapid prototyping, to specialized firms
▪
different functions within the
firm, e.g. manufacturing, distribution, human resources and marketing.
▪
overlapping and merging
technologies that cause interdependence between previously separate
industries, e.g. merging of information technology with communications or
entertainment.
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