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Advancements on Helix Theory and the Stra.Tech.Man Approach: Towards a New Synthesis

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  • Vlados, Charis

    (Democritus University of Thrace, Department of Economics)

  • Chatzinikolaou, Dimos

    (Democritus University of Thrace, Department of Economics)

Abstract

This article aims to investigate whether the helix theory and the Stra.Tech.Man approach (strategy-technology-management synthesis) have prospects of analytical cross-fertilisation. After presenting the evolution of helix theory of innovation in three different stages and identifying some of its essential points and received criticisms, it analyses the constituents and theoretical implications of the Stra.Tech.Man approach. It finds that some points of the Stra.Tech.Man analysis, such as the 'physiology' of the firm, the 'competitiveness web' approach that places the dynamics of business innovation centrally, and the proposal of a micro-meso level policy of 'local development and innovation institutions' that diagnoses Stra.Tech.Man physiology, constitute enrichment and cross-fertilisation elements of the two theories. Overall, both theories attempt to provide a comprehensive theory of integrated socio-economic development, and their synthesis seems to offer new theoretical implications.

Suggested Citation

  • Vlados, Charis & Chatzinikolaou, Dimos, 2020. "Advancements on Helix Theory and the Stra.Tech.Man Approach: Towards a New Synthesis," DUTH Research Papers in Economics 12-2020, Democritus University of Thrace, Department of Economics.
    • Handle: RePEc:ris:duthrp:2020_012
    Note: International Journal of Management Concepts and Philosophy, Vol. 13, No. 2, pp. 136-152
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    Cited by:

    1. Charis Vlados & Dimos Chatzinikolaou & Foteini Kapaltzoglou, 2021. "Energy Market Liberalisation in Greece: Structures, Policy and Prospects," International Journal of Energy Economics and Policy, Econjournals, vol. 11(2), pages 115-126.

    More about this item

    Keywords

    helix theory; Stra.Tech.Man approach; innovation creation; business physiology; socio-economic development; competitiveness web; Local Development and Innovation Institutes; LIDI;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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