Business Research and New Technologies

Abstract

The development and exploitation of new scientific and technological knowhow is a prime engine of economic growth. Different innovation systems have developed different approaches to this problem and have built upon varying combinations of public and private support for Research and Development (R&D) over time. In this context, inclusive approach to research and new technology intermediaries play an important brokering and entrepreneurial role. This chapter aims to understand the inclusive approach to business research, review new technologies, and their applicability to business research. The study responds to the need to gain a better understanding of possible ways to strengthen the capacity of business research to generate value and thereby bridge the gap between theory and practice. The discussion presented in this chapter offers a number of useful lessons for the development of new inclusive policy instruments to benefit the field of research in general and business research in particular.