Absorptive and transformative capacities in nanotechnology innovation systems

We identify managerial challenges offered by an emergent nanotechnology innovation system in which knowledge is dispersed, asymmetric and contested. We argue the proposed models of knowledge absorption and transformation enhance existing theories of knowledge and emergent technology by recognizing how and why knowledge flows among the actors in emergent technology innovation system. We base our argument on combined research evidence from a Delphi study concerning the future of European manufacturing, from which a selected statement has been analyzed, and from analysis of the NanoManufacturing Institute at Leeds University, UK; specifically its work in building ties between different actors associated with nanotechnology. We conclude our paper with suggestions for future research. (C) 2007 Elsevier B.V. All rights reserved.