Abstract :
Historically, business institutions base their growth strategies on their research and development (R&D) function. This function is fairly established and sets out to acquire new knowledge in a systematic process of research in order to produce or improve products, services or processes. In fact, innovation and research are two of the main thrusts for economic growth. Research is planned, assessed, managed and rewarded, innovation is not. However, without acknowledging and aiding the growing importance of innovation for growth in a rapidly more chaotic environment, this function is set for failure. Where research is valued, innovation is feared as radical and disruptive. There is little evidence to link them and show how they, jointly, can add more value than separately. They remain independent entities in separate clusters of the economy. The paper explores the convergence of innovation and research from a previous paper, focusing on the development of a conceptual model in terms of the technology system required for the accomplishment of convergence. In this sense, technology is defined as knowledge, tacit or explicit, in human, document or electronic format. The proposed convergence requires the use of knowledge systems to drive the innovation and research. The contribution of the paper lies in the knowledge developmental aspects of research and innovation convergence. An existing model to achieve knowledge systems development will be reviewed and a modified version presented on knowledge and innovation systems. This model incorporates aspects of knowledge management as well as innovation and research management.
Keywords :
innovation management; knowledge management; economic growth; innovation alignment; innovation management; innovation technology; knowledge developmental; knowledge management; knowledge systems; research alignment; research and development; research management; research systematic process; research technology; Africa; Cities and towns; Companies; Environmental economics; Humans; Innovation management; Knowledge based systems; Knowledge management; Research and development; Technological innovation;