Innovation and Technology Management

Course Description

Understand differences among discovery, invention and innovation. Comprehend different innovation models, including open and closed approaches to innovation as well as disruptive innovation. Understand the process of introduction of new products and services to the market, including information services based on Internet infrastructure. Comprehend the process of new technology development. Interpret scenario plans and technology roadmaps. Apply Porter's five competitive forces model to analyze strategies of network economy and high-tech companies. Understand the resources for bringing technology to market as well as for making money and building competitive advantage on new technologies. Identify technology policy stakeholders and explain technology policy processes.

Learning Outcomes

  1. Distinguish among discovery, invention and innovation
  2. Discuss different innovation models
  3. Review the process of introduction of new products and services to the market
  4. Discuss the process of new technology development
  5. Interpret scenario plans and technology roadmaps
  6. Apply Porter's five competitive forces model to analyze strategies of network economy and high-tech companies
  7. Distinguish among resources for bringing technology to market
  8. Identify technology policy stakeholders and processes

Forms of Teaching

Lectures

Independent assignments

Week by Week Schedule

  1. Discovery; invention; innovation
  2. Innovation: innovation models; open and closed approaches
  3. Disruptive innovation; competitive dynamics of technological discontinuity
  4. New product/service introduction
  5. New product/service introduction
  6. Developing new technologies: technology management processes; intellectual property rights; valuation
  7. Scenario planning; technology roadmapping
  8. Midterm exam
  9. Strategy in new economy: Porter's five competitive forces; strategy in network economy; strategy in hi-tech companies
  10. Strategy in new economy: Porter's five competitive forces; strategy in network economy; strategy in hi-tech companies
  11. Resources for bringing technologies to market: "make" or "buy" decisions; partnerships
  12. Making money from new technologies: business models; investment
  13. Building competitive advantage on technology
  14. Disruptive innovation; competitive dynamics of technological discontinuity, Technology policy
  15. Final exam

Study Programmes

University undergraduate
Transversal Courses (6. semester)
Transversal Courses (6. semester)
University graduate
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[FER3-HR] Computer Engineering - profile
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[FER3-HR] Computer Science - profile
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[FER3-HR] Data Science - profile
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[FER3-HR] Electrical Power Engineering - profile
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[FER3-HR] Electric Machines, Drives and Automation - profile
Transversal Courses (2. semester)
[FER3-HR] Electronic and Computer Engineering - profile
Transversal Courses (2. semester)
[FER3-HR] Electronics - profile
Transversal Courses (2. semester)
[FER3-HR] Information and Communication Engineering - profile
Transversal Courses (2. semester)
[FER3-HR] Network Science - profile
Transversal Courses (2. semester)
[FER3-HR] Software Engineering and Information Systems - profile
Transversal Courses (2. semester)

Literature

(.), J. Fagerberg, D. C. Mowery, R. R. Nelson, The Oxford Handbook of Innovation, Oxford University Press, 2005,
(.), P. Trott, Innovation Management and New Product Development, Fifth Edidion, Prentice Hall, 2012,
(.), S. Conway, F. Steward, Managing and Shaping Innovation, Oxford University Press, 2009,
(.), M. E. Porter, Strategy and the Internet, Harvard Business Review, March 2001,

For students

General

ID 240670
  Summer semester
2 ECTS
L1 English Level
L1 e-Learning
30 Lectures
5 Seminar
0 Exercises
0 Laboratory exercises
0 Project laboratory