MHY 509E - Management of Tech.&Innovation

Course Objectives

1. To introduce the basic principles and concepts of technology management
2. To provide a foundation for understanding the dynamic process of innovation
3. To study how to manage innovation within a corporation
4. To review the key management and competitive environmental factors that influence the effectiveness of innovation processes

Course Description

Definition of technology, technology management, invention and innovation; Types of innovation; Degree of novelty; Technology discontinuity; Technological change and how it affects competition between new and existing firms; Static innovation models; Dynamic innovation models; Preparation of technology strategy; Technology acquisition; How to create and manage an innovative organization