Formation and Development of Technological Innovation Capability in New Technology Base Firms in the Medical Equipment Sector of Fars Province

Technological innovation is the backbone of New Technology Based companies and one of the main factors for survival and gaining a competitive advantage for these companies. Creating a continuous flow of innovations in these companies requires the formation of innovation capabilities. This research has been done with an in-depth study of eight new technology based companies in the medical equipment sector of Fars province with a historical approach with the aim of discovering the path of formation and development of this capability in these companies. Using structured interviews and observing and studying the available documents, the required data were collected and using thematic analysis method, semantic expressions were classified in the form of conceptual codes and then sub-main and main themes. Finally, the thematic map of the research is drawn. The results show that the path of formation of technological innovation capability in these companies includes four stages of focusing on finding solutions to solve customer problems, technical and engineering knowledge, regulating management functions and creating internal discipline.