Management of Technology and Innovation Week One: Introduction to the Course AM 371- Fall 2009 Instructor: Haitao Yin Technology is Powerful Technology is Powerful Technology is Powerful Technology is Powerful Technology is Changing Faster Technology is Changing Faster The Impact is Greater The Impact is Greater • Change the way to do business • Example: Outsourcing Goals of This Course • To develop an awareness of the range, scope, and complexity of the issues and problems related to the strategic management of technology and innovation, this course is designed: – To develop an understanding of the “state of the art” of the strategic management of technology and innovation. – To develop understanding about the process of bringing “newness” into an organization—through internal innovation and/or through external strategic alliances. – To develop a conceptual framework for assessing and auditing the technology capabilities of a business organization. – To develop insight concerning the skills necessary to be effective as a general manager in the innovation process and/or alliance building process. Two Aspects • Internal Innovation • Obtaining technology through external means One Analytical Framework Recommended Textbooks • Margaret A. White and Garry D. Bruton, The Management of Technology and Innovation: A Strategic Approach, Publishing House of Electronics Industry, 2007. • Gary Libecap and Marie Thursby, Technological Innovation: Generating Economic Results, Elsevier Science Publishing Company, 2008. Evaluations • 10% • 40% • 50% Attendance and Participation Final Exam Group Project – Groups should be formed before Sept. 28th, 2009. – Topic of projects should be turned in on Oct. 19th, 2009. – Project presentations are scheduled on Dec. 28th, 2009 and January 4th, 2010. Ten teams will be selected through a lottery system. – Project report is due on January 4th, 2010. Office Hours and Contacts • Office Hours: F 10:30am-12:00 pm • htyin@sjtu.edu.cn • Use of University Course Center at cc.sjtu.edu.cn The Impact is Greater The Impact is Greater