TY - JOUR AB - This paper deals with the characteristics of two basic elements for the study of innovation in the firm: the concept of technological innovation, which is defined as a flow magnitude; and the concept of technology, which is defined as a stock magnitude. The technological innovation process is characterized by: being of a continuous nature; being path dependent; being irreversible and being affected by uncertainty. Technology, as the main product of this innovation, has the properties of knowledge and is characterized by: having a large tacit component; being difficult to transfer; being assimilated by accumulation; and being partially appropriable. These characteristics are articulated in a series of propositions that could contribute to the establishment of a consistent ground for the study of the technological innovation management. VL - 7 IS - 4 SN - 1460-1060 DO - 10.1108/14601060410565065 UR - https://doi.org/10.1108/14601060410565065 AU - Nieto Mariano PY - 2004 Y1 - 2004/01/01 TI - Basic propositions for the study of the technological innovation process in the firm T2 - European Journal of Innovation Management PB - Emerald Group Publishing Limited SP - 314 EP - 324 Y2 - 2024/09/20 ER -