Place:
Instructor: Peter
J. Dailey, BSEM, MS Tel:
304-696-6082 (O); Fax: 696-5454 email: dailey29@marshall.edu
The course provides a comprehensive introduction to technology and innovation management. The focus is on the strategic management of the innovation process to produce streams of marketable products and services. The course evaluates the key factors in a corporation’s ability maintain a competitive advantage. These factors include organizational flexibility, the ability to leverage corporation-wide technologies, recognize and utilize core competencies of the organization.
The course also analyzes technology strategies of
large and small, high-tech and low-tech companies that have resulted in success
and failure.
The impact of the new virtual economy and competitive
pressures that are causing fundamental restructuring of organizations is also
examined. The
course uses case studies to enhance the students’ learning and ability to scope
and evaluate their technological environment.
PREREQUISITES: Full admission to TM Program, or permission of the TM Program Director.
1. Recognize the principal drivers of technological change and the characteristics of technological innovation.
2. Evaluate the technological innovation processes and key factors in producing marketable technologies embedded in products and services.
3. Analyze technology management approaches in low-tech and hi-tech industries: linking technology with business goals; acquiring, developing and allocating an organization’s resources.
4. Examine the
strategy of effectively developing and exploiting the company’s core
competencies and capacity for technological innovation.
5. Utilize research-anchored models to study the patterns of industrial innovation, and influence of competitive dynamics in an industry, involving technology.
6. Review the growing virtual economy and impact on present businesses.
7. Evaluate the impact of subtle and radical technological change or discontinuities on an organization and the role of technology management in the competitiveness of companies.
This course will be taught in a lecture and case study discussion format with considerable student participation. Completion of reading assignments is expected. Each student is also expected to be well prepared for the group discussion of the case studies.
Each student is expected to complete the reading assignments and cases in preparation for class. Fifteen percent (15%) of the evaluation will be based on the level of the student’s contribution to the class during discussions.
Each student is required to submit a two page summary
that addresses the requirement for each case study. The summary is due on the
evening of the class discussion. Emailed copy is preferred; print a copy for
your use during the class discussion.
Class attendance will be a significant factor in this evaluation. Students will receive 1% credit for every class attended.
An in-class 90 minute mid-term exam will be based on material covered from sessions 1 through 7.
Due session 14. (grade weighting: 85% written paper; 15% class presentation)
A paper of
1.
How
has technological change affected a selected industry over the past two
decades. Discuss how change has affected
o
the
nature and growth of a company or organization in that industry
o
the
organizational structure and culture
o
the
technological complexity and quality of the products/services.
2.
How
have the organization’s core competencies been developed/acquired and utilized
in its products/services?
3.
How
well has the company managed innovation?
Give examples of innovations in products, services, management, and/or
production processes.
4.
Discuss
short-term and long-term threats of technological change to the organization
from inside and outside the industry.
5.
Develop
a management strategy to improve current areas of weakness and exploit
strengths to better position the products and/or services of the organization
to be competitive in the global marketplace.
The paper must exemplify graduate level research,
writing skills, and format. The recommended format is the
The use of a word processor is expected. Reports and paper should be submitted electronically to dailey29@marshall.edu. Every effort will be made to provide a reply verifying receipt of papers and reports. Reports will not be accepted beyond stated deadline.
Evaluation for the Term Papers will be based on the following:
· 40%: Degree to which the requirements (6 points) are addressed
· 30%: Quality, originality and completeness of content
· 20%: presentation and readability
· 10%: writing format
According to graduate school grading policy, the following symbols are used.
A, excellent: 100% to 90%
B, good: 89% to 80%
C, passing: 79% to 70%
F, failing: 69% and below
The grade B represents the benchmark for the
Written page: A page written with a word processor
formatted with a 1.5 line spacing, 12 point type, and 1 inch margins.
Grammatically correct: Active sentences, subject/verb
agreement.
Well organized: Cover page, index, summary, body,
conclusions, and bibliography. The bibliography should conform to the Chicago
Manual of Style 14th ed. rev. (University of Chicago Press, 1993) or a similar
scientific style. See http://library.osu.edu/sites/guides/chicagogd.html
for consistent formatting and style.
Required: Strategic Management of Technology and Innovation, 4th Ed., 2004,
Burgelman, R.A. et al, McGraw-Hill Irwin Publishing, ISBN: 0-07-253695-0
Recommended further reading:
1.
Managing
Innovation and Entrepreneurship in Technology Based Firms, Martin, M.J.C.,
Wiley
2.
Prospering
in a Global Economy: Mastering a New Role Published by NAE
3.
Strategic
Technology Management, Frederick Betz, McGraw-Hill
4.
Technology
and American Society, Cross/Szotak, Prentice Hall
5.
Innovation
Management, Allan Afuah,
6.
Managing
Strategic Innovation and Change, Tushman/Anderson,
7.
Mastering
the Dynamics of Innovation, James M. Utterback
8.
The
Innovators Dilemma, Clayton M. Christensen
9.
Working
Knowledge, Davenport/Prusak,
10.
Technology
Integration, Marco Iansiti, HBS
11.
Handbook
of Technology Management, Garard H. Gaynor
12.
Managing
the Dynamics of New Technology, by Noori, H., Prentice-Hall
13.
Technology
and Strategy By Goodman, R.A., et al Oxford Univ. Pub.
14.
Cross-Functional
Management of Technology: Cases By Aldridge, M.D., Swamidass, P.M.,Irwin.
15.
Technology
Management, Szakonyi, R., Auerbach Pub.
16.
Globalization,
Technology and Competition: The Fusion of Computers and Telecommunications in
the 1990’s By Bradley, Hausman, Nolan,
17.
Managing
Innovation: Cases from the Services Industries,
18.
Profiting
From Innovation, Ed. Howard,
19.
Does
MU
Send your drafts and the MU tutors will comment issues, such as organization, paragraph development, thesis statements, conclusions, and a variety of other elements. The feedback you get is tailored to your particular needs and goals. Visit http://www.marshall.edu/muonline/writingcenter/
Tips for
Success
http://www.marshall.edu/muonline/tools/tipsforsuccess.asp
Schedule Of Class Sessions (H) = handout
Session 1: August
25
Introduction: Technology as a Weapon Burgelman pages 1 to 12
Session 2: September
1
Technological Innovation and Strategy
Session 3 September
8
Factors Involved in Technology Strategy
Session 4 September
15
Distinctive
Technological Competencies I
Session 5 September2
Distinctive
Technological Competencies II
Session 6 September29
Technological
Evolution I
Session 7 October 6
SPECIAL
TOPIC
Intellectual
Property Rights: Patents, Copyright, Trademarks, Trade Secrets
Speaker: Monika
Hussell Esq., Jackson and Kelley Law Firm
Handout: Intelligent
Session 8 October
13
The Virtual Marketplace
Session 9 October 20
Technological
Evolution II
Session 10 October
27
Industry Context
Session 11 November
3
Organization Context
(Internal Environment)
Session 12 November 10
Corporate
Innovation: Strategic Action
Session 13 November 17
Technology Sourcing
Session 14 December 1
Innovation Challenges in Established Firms
Session 15 December 8
Term Paper Presentations![]()