The Strategic Management of Technology and Innovation

Catalog description

This is an introductory management course covering the management of technology and innovation in established firms. This course will explore what lessons large firms can learn from startups as well. This course is designed for students who may someday work in roles that require them to apply entrepreneurial thinking to launch new products and business models to capture new markets and evade disruption. Students taking this course will receive an understanding of how to incorporate aspects of entrepreneurship into their work in established firms to better discover and exploit valuable opportunities. This course will discuss how industries are transformed by new technologies and how these patterns of industrial change generate both opportunity and high rates of firm failure. This course will examine technology companies such as Netflix, Google, Adobe, Eli Lilly, etc. and explore the questions: Why do some technology leaders fail, and how do technology innovators successfully take on and replace incumbent firms? This course will discuss how to design and lead innovative organizations and teams to develop new products and identify opportunities for new products and market segments and effective strategies for managing intellectual property.