The Evolution and Co-evolution of Technological Capabilities, Government Policies and Market Structure in Iran’s Gas Turbine Industry

Safdari Ranjbar, Mostafa; Rahmanseresht, Hosein; Manteghi, Manochehr; Ghazinoori, Soroush

The Evolution and Co-evolution of Technological Capabilities, Government Policies and Market Structure in Iran’s Gas Turbine Industry

Document Type : Research Article (Original Article)

Authors

Mostafa Safdari Ranjbar ¹

Hosein Rahmanseresht ²

Manochehr Manteghi ³

Soroush Ghazinoori ⁴

¹ PhD in Technology Management, Faculty of Management and Accounting, Allameh Tabataba’i University, Tehran, Iran.

² Professor, Faculty of Management and Accounting, Allameh Tabataba’i University, Tehran, Iran.

³ Professor, Faculty of Management and Industrial Engineering, Malek Ashtar University of Technology, Tehran, Iran.

⁴ Associate Professor, Faculty of Management and Accounting, Allameh Tabataba'i University, Tehran, Iran.

Abstract

Each sectoral system of innovation consists of its particular knowledge base and technology, institutions and policies and market structure. In addition, these components evolve and have co-evolution with each other based on specific patterns. Analyzing evolution and co-evolution sectoral systems of innovation especially in developing countries can lead to rewarding implications for both policy and management. Therefore, this paper aims at investigating the evolution and co-evolution of Iran’s gas turbine sectoral system of innovation by employing a qualitative approach and case study strategy. This research found that, existence of large local demand and market in different industrial sectors can be account as appropriate opportunity for local firms to acquire necessary technological capabilities, if policymakers look at this situation as a good opportunities to design and implement intelligent policies in terms of public procurements, investing in R&D and developing infrastructures and facilitating collaboration with foreign companies in order to accelerate accumulation of technological capabilities in domestic firms.

Keywords

Evolution

Co-evolution

Sectoral system of Innovation

Gas Turbine Industry

Iran