This course aims to learn the basic concepts, tools and theories related to strategic management of technology.
Technology strategy is the process that firms use their technological resources to achieve corporate objectives. It includes changing the technology portfolio to enable the firm to adapt to changing competitive dynamics and market needs; acquisition of or access to the range of technological skills; managing R&D. The topics covered include, innovation models, sectoral models of innovation, Porter's model, technological competence building strategies, technological diversification strategy, managing R&D, globalization strategy, innovation in knowledge intensive services.
Students will acquire the knowledge and skills related to strategic management of technology including processes of strategic planning, competitor analysis, R&D evaluation, technology forecasting, technology acquisition, technological competence building in different sectors such as Information communications industry, electronics, knowledge intensive services and aircraft industries.
Strategic planning, Innovation models, Technology strategy, R&D management, Globalization
|✔ Specialist skills||✔ Intercultural skills||✔ Communication skills||✔ Critical thinking skills||✔ Practical and/or problem-solving skills|
The course will be conducted for 1st and 2nd quarters. The students will be taught through active learning. Students will do 3 team presentations, have quizzes, write essays and are encouraged to take part in discussions.
|Course schedule||Required learning|
|Class 1||R&D Management||The basic concepts related to R&D Management|
|Class 2||R&D Project selection, evaluation||Approaches towards R&D project selection, evaluation will be discussed.|
|Class 3||The CT Scanner case, R&D Globalization||The factors affecting R&D globalization will be discussed. The CT scanner case.|
|Class 4||Team presentations||Team presentations on the topics covered in Week 1-3|
|Class 5||Sectoral Innovation Systems, Innovation policy||The basic concepts related to sectoral innovation systems and innovation policy|
|Class 6||Innovation Management in Knowledge Intensive Services||Innovation management and technology strategies in knowledge intensive services and smart services|
|Class 7||Strategies related to Standards /Technology Strategies in the Aircraft sector||Standards and standardization policies influence innovation and competitiveness.|
|Class 8||Team presentations||Team presentations on the topics covered in Week 5-7|
No text book
Reading material will be provided
Will be evaluated through 2 Team presentations(60%), Essay(20%) and class participation(20%)
Students are required to have taken TIM. B418 in advance
The course is given in English. Active participation is encouraged