System Thinking in Managing Technological Innovation Systems in Manufacturing Companies

  • Timothy O. Oyebisi
  • Abiodun S. Momodu
  • Segun O. Olabode
Keywords: Nigeria, technology, innovation, Technological Innovation System model, manufacturing, simulation, system dynamics, system thinking

Abstract

This paper discusses models for managing Technological Innovation System (TIS) in a manufacturing setting. It reviews the existing six models for managing TIS: Tech- nology Push, Market Pull, Coupling Innovation Process (CIP), Functional Integration Innovation Process (FIIP), System Integration and Networking Innovation Process, and System of Innovation models. Major drawbacks of the model for managing TIS in manufacturing settings were identified. System thinking approach was then pro- posed as a suitable alternative for addressing these drawbacks. The basic principle of system dynamics on which system thinking is hinged is used to explain the propo- sed model. However, understanding and using this model are premised on the avai- lability of knowledge and skills in computer modeling and simulation software (e.g., Ithink, Vensim, and Powersim).

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Author Biographies

Timothy O. Oyebisi

African Institute for Science Policy and Innovation, Obafemi Awolowo University, Ile-Ife, Nigeria
E-mail: tooyebisi@yahoo.com

Timothy O. Oyebisi is a professor of technology management at the African Institute for Science Policy and Innovation, Obafemi Awolowo University, Ile-Ife, Nigeria. He holds a PhD in electronic and electrical engineering and a MBA from the same university. His research thrusts are industrial technology manage- ment and information technology management. His current research efforts are in industrial system modeling, project risk management, and entrepreneurship development.

Abiodun S. Momodu

Centre for Energy Research and Development, Obafemi Awolowo University, Ile-Ife, Nigeria
E-mail: abiodun.momodu@yahoo.com

Abiodun S. Momodu, Research Fellow at the Centre for Energy Research and Development, Obafemi Awolowo University, Ile-Ife, earned his PhD in systems modeling and energy management from the same university. His research interests include systems and energy planning, environmental management, and entrepre- neurship development. His current work focuses on modeling synergy between solid fuel production techniques and environmental protection.

Segun O. Olabode

Lagos State University, Faculty of Management Sciences, Department of Business Administration and Management Technology, Lagos State, Nigeria
E-mail: osegunben@yahoo.com

Segun O. Olabode is a lecturer at the Department of Business Administration and Management Technology, Lagos State University, Nigeria. He earned his BSc and MSc in industrial and production engineering from the University of Ibadan, Oyo State. He is currently working on his PhD thesis entitled “Development of Model for Managing Technological Innovation in the Nigerian Manufacturing Sector.”

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Published
2013-08-04
How to Cite
O. Oyebisi T., S. Momodu A., & O. Olabode S. (2013). System Thinking in Managing Technological Innovation Systems in Manufacturing Companies. Naše gospodarstvo/Our Economy, 59(3-4), 50-57. Retrieved from https://journals.um.si/index.php/oe/article/view/2307