ABSTRACT
The study of technology dynamics explains some complex aspects of technology innovation, characterized by nonlinear processes and triggered cycles that lead to autocatalytic developments or slackening evolutions in organizational structures for technology innovation, such as the industrial R&D system, the start-up-venture capital system, and the industrial platform system. The innovation process is characterized by the existence of critical intensities of activity, above which technology development occurs and below which technology stagnates and declines, and by the use of technologies as also an important source of new technologies. In conclusion, technology dynamics considers that economic growth and prosperity of a country does not actually depend on R&D investments, which rather should be considered a means, but on the intensity of generation of innovative ideas, which depends on the efficiency of exploitation of knowledge by the territory and of course, by adopted strategies and availability of capital for financing technology developments in the frame of a suitable industrial organization.
