Description This unit provides participants with an understanding of the diverse and complex issues surrounding the strategic management of technology. Special emphasis will be placed on the basic concepts and theories that will be needed to understand, anticipate, acquire, and use technology strategically for attaining a competitive edge in the market. The unit is of particular relevance to managers, engineers, technologists, and scientists who have, or will have, responsibilities for managing technological change and innovation.
Students must be enrolled in a postgraduate program.
On successful completion of this subject, students should be able to:
Demonstrate an understanding of how technology is embodied in a firm and the capabilities required to exploit firm-level technology for achieving competitive advantage.
Identify, select, and apply techniques for assessing for forecasting technological change and assess the capabilities and limitations of such techniques.
Analyse the process of technology acquisition in various contexts, and the interrelationships between technology transfer and research and development management;
Explain the links between firm behaviour around technology and national policies and global influences.
Identify and make recommendations around the diverse issues involved in formulating a technology strategy for the firm and analyse the interrelationships between technology strategy and overall corporate strategy.
Technology, innovation and competitiveness
Manufacturing technology
Technological capability
The S-curve
Technological forecasting techniques
Environmentally friendly technology
Research and development
Technology transfer
The role of government
Technological entrepreneurship
Technology strategy
Future challenges
