Technology management and organic law of science, technology and innovation ( LOCTI): an analysis from the perspective of the venezuelan business sector

Abstract

With the enactment in 2005 of the Law on Science, Technology and Innovation in the Bolivarian Republic of Venezuela, the National Executive undertook the purpose of developing guiding principles in science, technology and innovation, such as: Organizing the National Science System, Technology and Innovation, defining the guidelines which guide policies and strategies for this activity and its applications, implement institutional and operational mechanisms of promotion, encouragement and promotion of scientific research, develop social appropriation of knowledge and promote the capacity use and circulation of knowledge through technology transfer and innovation thus increasing national development (LOCTI Article 1). In the five years (2005-2010 before the reform in January 2011), firms operating in the country have been complying with this mandate by applying technology management processes. This research aims to achieve the objective of describing how Venezuelan companies have advanced their technology management processes within the context of legal rules (LOCTI), ie, how the selected companies have been taking the innovation and technology management, which limitations they have faced in this process and finally why some companies decide to invest and others contribute. The type of research is descriptive and the selection of companies was done using a purposive sampling, selecting only those companies according to their income (100,000 tax units) contribute to. Out of the 20 companies selected, only thirteen confirmed. Concluding that most of the companies surveyed have knowledge and understanding of what technology management is, beyond the purchase of equipment, the majority establishes its alignments of administrative and operational processes with the technological variable, investment has been directed towards the improvement of their learning processes and working capital reflected in the accompaniments of the university consultants; there is willingness to invest with the presentation of projects to strengthen its technological development; also maintain expectations related to monitoring, control and execution of projects, also they have no clear regulatory framework for approval of projects. Finally, the most important problems are: a) lack of strategic / technology planning that links the middle management with strategic business indicators, b) excess in routine activities impede innovation, middle management is more concern in matters of efficiency, effectiveness (short term) than in the innovation and technological development, c) technological dependence, due to the sophistication of the machinery.