ABSTRACT
The dominant perspective concerning technical development can very much be characterized as the Newton syndrome. An important part of the development process takes place in the form of a technical exchange between different 'actors' such as individuals or companies. The conclusion is based upon three main arguments related to knowledge development, resource mobilization, and resource coordination respectively, and each of these factors is explained. The above three arguments can be seen as major reasons why a company may consider technical cooperation as a suitable and in some circumstances the only possible opportunity for technological development. Important managerial issues related to the innovation process is discussed in relation to six different managerial positions namely Project Manager, R&D Managers, Purchasing Manager, Marketing Manager, General Manager, Industrial Policy Makers. The first five are related to activities within the individual company while the sixth relates to wider issues with implications for policies and actions at the whole industry, regional, and national level.
