Course Details
Subject {L-T-P / C} : SM6622 : Technology and Innovation Management { 3-0-0 / 3}
Subject Nature : Theory
Coordinator : Dr. Binita Tiwari
Syllabus
Introduction to Technology and Innovation Management: Evolution of Technology, Effects of New Technology, Organizational and Social Implications of Technology, Human Aspects in Technology Management. Establishment of Technological Innovation: Sources and Selection of Technological Innovation, Choosing Innovation Projects, Decisions on Investment, Timing and Competence Level in Technology, Innovation within the Life Cycle of a Technology, Collaborating Strategies. Types and Patterns of Technological Innovations: Technology Forecasting, Radical Innovation, Incremental Innovation, Disruptive Innovation, S – Curves. Interactive Learning Networks and Protection of Innovation: Technology Platforms and Firms Taxonomy, Social Networks and Informality in the Innovation Process, Technology Transfer and Diffusion, Organization as a Laboratory for Learning, Intellectual Property Right. Managing New Product Development Process and Commercialization: Innovation Strategies, Crafting a Development Strategy, Managing New Product Development Teams, Internal Commercialization, External Commercialization.
Course Objectives
- To understand the innovation process and provide insights into the process to manage technological change
- To understand the concepts of technological development and innovation and diagnose the tools of innovation management
Course Outcomes
The course will develop managerial skills, methodologies and critical thinking in order to achieve a sustainable Technological Competitive Advantage for the firm.
Essential Reading
- Boutellier, R., Gassmann, O., & Von Zedtwinz, M. (2008)., Managing Global Innovation: Uncovering the Secrets of Future Competitiveness (3rd Ed.)., Springer.
- Melissa, A. S. (2010)., Strategic Management of Technological Innovation (2nded.)., Tata McGraw Hill.
Supplementary Reading
- Iansiti, M. (1997)., Technology Integration: Making Critical Choices in a Dynamic World., Harward Business School Press
- Conway, S., & Steward, F. (2009)., Managing and Shaping Innovation., Oxford University Press.