This thesis investigates the relevance of currently used firm-level innovation concepts in a developing country context. I draw on the results of a comprehensive survey of manufacturing and service firms instrumented to assess the knowledge- capabilities of the economic sectors in Malaysia. The thesis presents a discussion of the extant literature on firm-level innovation and tests hypotheses regarding the impact of firms organizational structure, strategies, resources and environment as determinants of product, process and organizational innovations. These are examined from the classifying framework provided by Keith Pavitts model of technology trajectories to better understand the nature of innovation and its production determinants. I find that Malaysian firms -- across all sectors -- show a greater propensity to make process and organizational innovations as against product innovations. Soft factors like training, knowledge management practices and collaboration with market actors are used as significant inputs in their innovation process.

This study analyses the growing area of research that explores the evolution of technology from social and cognition perspective – and how the design and various implementation of technology are being shaped by the factors related to social-constructivism and beliefs systems of individuals. The newly developed technological phenomena of Cryptocurrency – the digital currency for all, provides us with an excellent case to study. We apply social and cognitive processes to understand technology trajectories across the life cycle of cryptocurrency. We thus deepen our understanding by analyzing why and what causes the various technological trajectories in the era of ferment and concluding our research by deriving various technological 'themes'. – that might evolve as the phenomena of cryptocurrency while moving towards the era of dominant design.