Technology Value Chain Management for Defense 4.0

In the recent years, with the rapid advent of new technologies almost in all areas, innovation becomes more and more important. It is crucial to find the most creative ideas and choose the best strategies to put them into lucrative products in the market in the shortest possible time. Digital era and the 4th industrial revolution, known as Industry 4.0 has started in late 2000s - early 2010s and its development have accelerated rapidly since the pandemic. Besides many others, one of the most important factors of innovation become the technology value chain in the digital era. Many innovations are accomplished not only through in-house product improvements, but also through process and value chain enhancements. This study represents a conceptual work offering a methodology to accelerate innovations through utilization and optimization of the technology co-development in technology driven industries.