WM083-15 Technology Management and Innovation
Introductory description
This module looks at the role and value of innovation and technology in the business. It addresses how to manage innovation and technology at both a strategic and operational level in a business. It will also consider how to select and apply appropriate frameworks and techniques for identifying, assessing and delivering technological change at an acceptable risk.
Module aims
The aim of this module is to provide an understanding of innovation and the role that technology management plays in achieving innovation.
Outline syllabus
This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.
- Innovation & competitive performance
- Relationship between technology and innovation
- Emergent technologies in Aerospace
- Creating an environment for innovation
- Technology strategy
- Technology management framework
- Technology road mapping
- Case studies
- Simulation
Learning outcomes
By the end of the module, students should be able to:
- Examine the relationship between innovation and competitive performance and assess the business ‘conditions’ for innovation
- Critically examine the role of technology in contributing to and supporting innovation
- Appraise and develop technology strategies to support robust business decision-making
- Select and apply technology planning approaches and techniques (e.g. road mapping, technology auditing)
- Understand and apply a holistic framework for the effective management of technologies
Indicative reading list
- Cetindamar, D, R. Phaall and D. Probert - Technology Management: Activities and Tools –Palgrave
Macmillan, 2016
. Keely, L., R.Pikkel, B.Quinn, H. Walters - The Ten Type of Innovation ,Wiley & Sons, 2013
. Schilling, Melissa - The Strategic Management of Technological Innovation, McGraw Hill, 2020
. Baltzan, Paige - Business Driven Technologies, McGraw Hill Education, 2019 - Daim, T.U, T.Oliver, R.Phaal - Technology Roadmapping, World Scientific,, 2018
- Phaal R., C. Farrukh , D. Probert - Roadmapping for Strategy and Innovation: Aligning Technology and
Markets in a Dynamic World, University of Cambridge, Institute for Manufacturing, 2010
Subject specific skills
technology management, innovation, emerging technologies, technology strategy, technology roadmapping
Transferable skills
communication skills, analysis, critical thinking, strategy development
Study time
| Type | Required |
|---|---|
| Lectures | 10 sessions of 1 hour (7%) |
| Seminars | 20 sessions of 1 hour (13%) |
| Practical classes | (0%) |
| Work-based learning | 30 sessions of 1 hour (20%) |
| Online learning (scheduled sessions) | (0%) |
| Online learning (independent) | 30 sessions of 1 hour (20%) |
| Assessment | 60 hours (40%) |
| Total | 150 hours |
Private study description
No private study requirements defined for this module.
Costs
No further costs have been identified for this module.
You do not need to pass all assessment components to pass the module.
Assessment group A2
| Weighting | Study time | Eligible for self-certification | |
|---|---|---|---|
Assessment component |
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| Assessed work as specified by department | 80% | 50 hours | Yes (extension) |
|
3,200 word assignment, worth 80% |
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Reassessment component is the same |
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Assessment component |
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| In-module Case Studies | 20% | 10 hours | No |
|
2 case studies culminating in final group presentations and in total worth 20% towards final module mark |
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Reassessment component is the same |
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Feedback on assessment
Verbal and written feedback provided for all in module work. Written feedback will be provided in a report for all Post Module assignments
There is currently no information about the courses for which this module is core or optional.