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School of Management, Unit Catalogue 2009/10


MN30051: Technology & innovation management

Click here for further information Credits: 6
Click here for further information Level: Honours
Click here for further information Period: Semester 1
Click here for further information Assessment: CW 30%, EX 70%
Click here for further informationSupplementary Assessment: Supplementary assessment information not currently available (this will be added shortly)
Click here for further information Requisites: Before taking this unit you must take MN10006 or take MN10070 or take EC10006
Description: Aims:
This unit is concerned with the management of technological innovation from the firm's perspective. The aims are:
* to develop an understanding of some of the managerial issues raised by the creation, adoption and diffusion of technology over time.
* to introduce students to relevant theoretical frameworks, concepts and evidence
* to create an appreciation of some of the knowledge and skills required for the successful management of technological innovation within organisations and networks.

Learning Outcomes:
The student should:
* appreciate the need to manage technological innovation beyond any R & D department
* have a sound understanding of alternative approaches to the acquisition, organisation and exploitation of technology
* understand the factors influencing the relative success of alternative approaches to technological innovation in different environments.

Skills:

* A critical awareness of current issues and frameworks in technology and innovation management (T, F)
* A sound understanding of theoretical concepts and empirical evidence concerning specific aspects of the creation, adoption and diffusion of technological innovation over time. (T,F,A)
* Ability to analyse features of particular innovation environments and strategies in the context of relevant theoretical frameworks and evidence (T, F, A)
* Ability to reflect on earlier knowledge and apply it to new situations (F)
* Enhanced written (F, A) and oral communication skills (F).

Content:
The module examines patterns of technological change, how technological innovation affects competition and individual firms' competitive advantage and the development of strategies and managerial methods to meet the challenges of the increasingly technology-driven environment.
Topics include patterns of R & D, technical trajectories, sources of product and process innovation and the innovation environment. Factors influencing success in technological innovation and the performance of large and smaller firms. Developing a strategic approach to technology. The relationship between technological change, industry structure and competitive advantage. Different technology strategies and decisions concerning R&D, innovation and the commercialisation of new products/ processes. The protection of intellectual property.
NB. Programmes and units are subject to change at any time, in accordance with normal University procedures.