Examining the position of the innovation value chain in strategic documents; a case study of the strategic document for the development of science, technology, and innovation in Hamadan Province

Document Type : Original Article

Authors

1 Associate Professor, Faculty of Economic and Social Sciences, University of Hamadan, Hamadan, Iran.

2 Master of Business Administration, Faculty of Economic and Social Sciences, University of Hamadan, Hamadan, Iran.

Abstract

Background and Objective: The innovation value chain is regarded as one of the fundamental tools of growth strategy within organizations. It contributes to increasing market share, enhancing competitiveness, and facilitating entry into new markets. The innovation value chain is considered a sequential, three-stage process consisting of idea generation, idea development, and diffusion of developed concepts. The key point is that if any of the links in this chain fails or weakens, the entire process may collapse regardless of the strength of the other links. Therefore, innovation activities that disregard internal structure are likely to lead to failure. This paper aims to position the innovation value chain as a key strategic approach in the Science, Technology, and Innovation Development Plan of Hamedan Province and to examine the impact of this strategy on the proposed projects.
Method: In this plan, a set of initial strategies has been formulated under three main goals: developing the education and research system, supporting knowledge-based development, and advancing the innovation ecosystem. Using the Analytic Hierarchy Process (AHP) and TOPSIS techniques, more than twenty projects were evaluated and ranked. Among them, ten projects falling under the innovation value chain strategy were prioritized and introduced. Additionally, relevant actions and operational programs have been identified in this context.
Findings: Considering the “innovation value chain” strategy as the main criterion and in line with the goal of “developing the innovation ecosystem,” ten projects were selected and defined by experts.
Conclusion: The selected projects cover various fields such as agriculture, industry and mining, science and technology, medicine, and tourism, each with its own ranking and priority. Accordingly, the innovation value chain strategy can serve as an effective and key criterion for science and technology development within strategic documents. It should be emphasized that any innovative action taken without regard to its internal framework—which includes the three phases of ideation, transformation of ideas into products or services, and their exploitation—is unlikely to create final added value and will probably result in failure.

Keywords

References

منابع
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Strategic Value Chain Management
Volume 1, Issue 3 - Serial Number 3
Research papers
December 2024
Pages 52-70

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History

  • Receive Date: 08 February 2025
  • Revise Date: 23 March 2025
  • Accept Date: 14 April 2025
  • Publish Date: 19 February 2025

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