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dynamism

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technology [3] environment [4] search [5] exploration [6] creative destruction [7]

Definition

Dynamism - the rate and unpredictability of technical change in the environment (Dess and Beard 1984, Miller 1987). Levels of dynamism vary as a function of technological evolution, with higher levels of dynamism prevailing in the initial phases of a technological paradigm (Dosi 1982) or technological discontinuity (Tushman and Anderson 1986) due to the multiple technological trajectories that are possible, and the uncertainty surrounding their development.
Primary Source: Sidhu, 2007


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