The structure of bio-information-nano technology convergence from firms’ perspective

Abstract

Purpose

This study aims to contribute to the comprehension of managerial implications in all the new convergences fields: bioinformation technology (BIT), nanoinformation technology (NIT), nanobiotechnology (NBT) and bioinformation–nanotechnology (BINT). The phenomenon of convergence that significantly impacted economies and societies in the information technology era has continued to be combined with new technologies such as nanotechnology and biotechnology. Many countries have tried to seize the initiative to strengthen the future competitiveness, and it become increasingly important for roles of companies to expand applications of the new convergence.

Design/methodology/approach

From a company-based perspective, the study quantifies leading companies’ degree of influence in each convergence field.

Findings

However, the result shows that companies’ influences are not mature enough to transfer the initiatives from both the NBT and BINT convergence fields. In addition, this study presents a perceivable framework for companies/institutions by identifying which technological fields the companies/institutions are influential in and what degrees of technological impact are shaped among them. As a result, this allows companies/institutions to recognize their environments squarely.

Originality/value

This study applied the replacement process that can reinforce the investigation of the extent to which a firm has a significant ability to influence others directly and indirectly. From the methodology perspective, such replacement can intensely display the structure and the extent of competition among firms. Therefore, the results provide an explicit information to understand the overall business situation.

Paper type

Research paper

Citation

Kim, K.-H., Shim, W., Moon, Y.-H., Kwon, O.-J., Kim, K.-h. and Son, J.-k. (2014), "The structure of bio-information-nano technology convergence from firms’ perspective", Foresight, Vol. 16 No. 3, pp. 270-288. https://doi.org/10.1108/FS-11-2012-0082