Technology and Innovation Management

Syllabus

Course Code: MS-102

Technology and Innovation Management

Unit I

Technology Management: Understanding Technology and its Relationship with Wealth of Nations. Technology Life Cycles, S- Curve of Technology Evolution, Technological Planning and Forecasting, Technology Policy, Technology Strategy, Technology Generation and Development, Technology Acquisition and Absorption; Technology Transfer, Technology Exports and Joint Ventures. Global Trends in Technology Development and Management.                            (14 Hours)

Unit II

Innovations Management: Concepts of Invention and Innovation; Classification and Types of Innovation, Frugal Aspects of Innovation, Social Innovation, Innovation Strategies and Models; Concurrent Engineering; Process Innovation, Product Innovation, Case Studies on Innovation.                                                                                          (12 Hours)

Unit III

Change Management: Understanding the Nature, Importance, Forces, Types of Technological Change; Diagnosing Organisational Capability to Change Process, Change Strategy, Building Culture and Climate for Change and Innovation, Building, Managing and Sustaining Innovative Organisation: Nurturing Innovation, Role of Leadership. Case Studies on Business Transformation.                                                                                                                            (10 Hours)

Unit IV

Creative and Lateral Thinking Management: Understanding Creative Thinking, Myths about Creativity; Factors Affecting Creative Thinking, Creative Problem Solving: Approach and Process; Managing Lateral Thinking with Exercises.   (6 Hours)