Strategic Management of Technology and Innovation

NJIT - SCHOOL OF MANAGEMENT

Management of Technology Semester: Fall 2013

Course No: MGMT 620 – 101

Professor: Shanthi Gopalakrishnan

Office: CAB 3017

Tel: (973) 596-3283

Fax : 973-596-3074

Email: gopalakr@adm.njit.edu Homepage: http://web.njit.edu/~sgopalak

Office Hours: Tuesday 1:00 to 2:30pm

Thursday 4:00 to 5:30 pm.

Also available on email or Telephone.

TEXT: Strategic Management of Technology and Innovation. Fifth Edition. ISBN: 978-0-07-338154-1

Authors: Burgelman, R.A., Christensen, C.M. & Wheelwright, S.C.

Please use Moodle to access the course notes and the handouts.

Most cases are from the Textbook unless I have explicitly said that they are from a handout.

Course Content

The course focuses on the strategic management of technology and innovation. We take an evolutionary process perspective on technology strategy and innovation in this course. The ideas that underlie this perspective are:

(a) A firm's technology strategy emerges from its underlying technological competencies and capabilities;

(b) A firm's technology strategy is shaped by external (environmental) and internal (organizational) forces;

(c) The enactment of technology strategy within the firm serves to further develop its technological capabilities.

(d) The nature of capability development is recursive and events in the environment and organizational history can enhance or detract an organization's technology position.

(e) Technology and innovation are examined at the firm, industry and at the level of the technology itself.

We use this perspective at various levels of management (corporate, business, project) and study the process of creating change through technological innovation and internal entrepreneurship. We examine key activities at each of these levels of management, analyze how they interlock, and attempt to understand how such complex systems of activity can be effectively managed.

The course is based on research and theory but is practice oriented.