Purpose: The primary objective of the paper is to synthesise the available literature on technology and innovation management in business firms. The study examines and elaborates the sequential relationship between all constructs that ensure innovation and technology management happen in an integrated way.
Approach/Design/Methodology: The study employs a qualitative approach of deductive reasoning, based on the reverse engineering method. Existing literature has been used as secondary data to harmonize the constructs as delineated in the conceptual framework for the research.
Findings: Several empirical and conceptual studies besides academic contributions have reasonably helped to find that innovation and technology management require essential support of creativity, knowledge and leadership vision. Not only a significant relationship exists but a sequential order is also affirmed for the whole process.
Originality / Value: This study presents the mechanism through which organizations can ensure better innovation and technology management. The inclusion of vision, knowledge and creativity in an orderly manner has added another dimension to the subject matter as a new contribution. It will help researchers, academicians and decision-makers to look into the process in a different yet practical manner.