MBA5251MMT5002TR5201 Management of Technology

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MBA5251/MMT5002/TR5201Management of Technology

• Kwanghui Lim
• Assistant Professor
• NUS Business School
• http//kwanghui.com

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Why Bother?

• Have you ever wondered
• How technological innovation affects competition?
• What it takes to commercialize your invention and
  make it into a successful product in the
  marketplace?
• How to protect your ideas and intellectual
  property?
• How to develop an innovative organization
• organizational structures, motivation,
  recruitment, rewards
• What issues you will have to deal with if you
  work in a high-technology company (or a startup)?
• Heres a chance to go beyond the hype.

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About this course

• What its about
• Purpose to help students develop a strong
  conceptual foundation for understanding how to
  manage technological innovation.
• This course is broad in focus and an excellent
  introduction to more specialized innovation
  courses.
• What its NOT about
• Its not about technology per se, but the
  managerial and competitive aspects of technology.
• This is not an Information Technology course.
• This is not a guru course with all the right
  answers!

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A good foundation for other classes
MMT6008/MBA5252 Technology Strategy (Kwanghui Lim)
MBA5108 Technopreneurship(Wong Poh Kam)
MBA5251/MMT5002/TR5201 Management of Technology
MBA7701a Technopreneurship(Foo Maw Der)
MBA5105 Product Development Innovation
Strategies (Clement Wang)
MBA5243 Managing e-Corporations(Soh Pek Hooi)
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Course structure

• Highly interactive classes (40)
• Class participation
• In-class group exercises
• Videos, case studies
• Students take turns to lead each week (10 of the
  40)
• Learning in small teams
• Group project on high-tech innovation (20)
• Moments of reflection
• Two Minipapers (20)
• No final exam
• Instead you write a 8-10 page final paper (20)

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Expectations

• Active Participation!
• Preparation time is around 2 hrs/week.
• Each week there are readings and cases.
• Reading is not enough you have to think and
  analyze them.
• Do not come unprepared or you will be embarrassed
  and learn very little.
• Details about minipapers, group projects and
  final exams will be given in class.

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Outline and Contents

• Introduction (week 1)
• Patterns of technological change (weeks 2-3)
• Strategy in high-technology industries (weeks
  4-7)
• Building an innovative organization (weeks 8-11)
• Managing technology across boundaries
  entrepreneurship Venture Capital (weeks 12-13)
• Student presentations wrap-up (week 14)

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Course Topics

• Part 1 Dynamics of Technological Change
• Week 1 Overview can innovation be managed?
• Week 2 How does technology evolve?
• Part 2 Strategy in high-technology markets
• Week 3 Managing technological transitions
• Week 4 The sources of innovation
• Week 5 Profiting from innovation
• Week 6 Intellectual Property
• Week 7 Standards and network externalities
• Part 3 Building an innovative organization
• Week 8 Scientists versus engineers
  recruitment, motivation and culture.
• Week 9 Strategies for New Product Development
• Week 10 Implementing New Product Development
• Week 11 Managing Creativity and Learning
• Part 4 External and Internal linkages
• Week 12 Alliances, networks, and relationships
• Week 13 Entrepreneurship Venture Capital
• Week 14 Student group presentations.

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Further Information

• This course
• http//kwanghui.com/mmt5002.html
• Tech Strategy
• http//kwanghui.com/mmt6008.html
• More about Mgt of Technology
• http//mot.kwanghui.net