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a sustainable-oriented technology - agtil

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However, we recognize a number of limitations that may be addressed in future research.First, our<br />

qualitative study is focused at companies of the automotive supply industry and therefore it only<br />

examines how the best practice firms of this industry structure their TD activities. Second, the quantitative<br />

study is limited to a small sample size, which only indicates trends in the sample, so that<br />

future studies should include a greater sample that aim to come to more representative conclusions<br />

by further statistical tests. Third, the findings of the two studies reflect the procedures and promising<br />

activities of <strong>technology</strong> management of Austrian firms. Thus, it would be worthwhile to expand the<br />

view to other countries. Further, it is acknowledged that the developed process model is an initial<br />

reference model that needs to be adapted and specified to the particularities of each firm on the one<br />

hand and validated by implementing the process in a broader scope on the other hand. Finally, referring<br />

to the model from Nidumolu et al. (2009) as discussed in chapter 2, the conceptual model relates<br />

to stage 3 and thereby focuses the level of <strong>sustainable</strong> TD but do not include the higher level 4,<br />

which intention is to develop new business models to ensure sustainability.<br />

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