STRATEGIC VALUE OF NATO's INVESTMENT ON SCIENCE, TECHNOLOGY & INNOVATION (STI): MANAGEMENT OF INFORMATION AND KNOWLEDGE AS INTANGIBLE ASSETS Cover Image

STRATEGIC VALUE OF NATO's INVESTMENT ON SCIENCE, TECHNOLOGY & INNOVATION (STI): MANAGEMENT OF INFORMATION AND KNOWLEDGE AS INTANGIBLE ASSETS
STRATEGIC VALUE OF NATO's INVESTMENT ON SCIENCE, TECHNOLOGY & INNOVATION (STI): MANAGEMENT OF INFORMATION AND KNOWLEDGE AS INTANGIBLE ASSETS

Author(s): Ioannis Rematisios, Yannis Pollalis
Subject(s): Economy, Education, General Reference Works, Business Economy / Management
Published by: Regional Department of Defense Resources Management Studies
Keywords: Defence investment; NATO Science & Technology; Information & Knowledge Management; Intangible Assets; Defence Industry; Return on Investment; Added value; Emerging Military Technology;

Summary/Abstract: This paper discusses the defence Science, Technology & Innovation (STI) investment within NATO. As a complex process it involves multiple stakeholders with common interest in development of knowledge through R&D activities, connecting current and future military capabilities. The objective is to generate and provide evidence-based scientific advice to decision-makers and deliver advanced solutions to national and NATO challenges. This process can generate valuable intangible assets for the Alliance in form of information and knowledge-based capital. The challenge for NATO is to manage and exploit the advantages of collective defence STI on behalf of its 29 members. The article approaches defence STI policies in comparison with power of politics and national as well as industrial interests. The attempt to quantify scientific knowledge as added value with significant return on investment unfolds the dynamics and vulnerabilities within NATO’s corporate culture. Although complexity is the main argument and pre-assumption, multidisciplinary aspects (political, economic, social, technological, and legal) are carefully examined and explored, providing a comprehensive approach of its strategic value to the Alliance.

  • Issue Year: 9/2018
  • Issue No: 2
  • Page Range: 5-17
  • Page Count: 13
  • Language: English