420101 Technology and Innovation Management
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Subject handbook information prior to 2024 is available in the Archives.
Credit points: 6 cp
Result type: Grade and marks
There are course requisites for this subject. See access conditions.
Description
The goal of technology and innovation management is to manage the invention, design, development, use, and deployment of technology and innovation within an organisation. This subject introduces the basic concepts of innovation and technology management and provides students with the fundamental theoretical and practical knowledge to analyse and design innovation processes. In particular, it focuses on the importance of managing the entire product and service development cycle, from needs analysis and ideation through to implementation and beyond. In delivering an innovation project, students evaluate and apply various quantitative and qualitative tools to understand and address the complexity and dynamics of different components of the innovation process.
Subject learning objectives (SLOs)
Upon successful completion of this subject students should be able to:
| 1. | Identify and discuss the scope and benefits of technological change and innovation in an organization from a social, environmental, and financial perspective. (C.1) |
|---|---|
| 2. | Analyse technology management activities and evaluate how to develop and deploy them at an organizational level. (D.1) |
| 3. | Communicate effectively in ways appropriate to the technology management discipline, audience, and purpose. (E.1) |
| 4. | Evaluate personal and organizational impacts from technological change. (B.1) |
Course intended learning outcomes (CILOs)
This subject also contributes specifically to the development of the following Course Intended Learning Outcomes (CILOs):
- Socially Responsible: FEIT graduates identify, engage, and influence stakeholders, and apply expert judgment establishing and managing constraints, conflicts and uncertainties within a hazards and risk framework to define system requirements and interactivity. (B.1)
- Design Oriented: FEIT graduates apply problem solving, design thinking and decision-making methodologies in new contexts or to novel problems, to explore, test, analyse and synthesise complex ideas, theories or concepts. (C.1)
- Technically Proficient: FEIT graduates apply theoretical, conceptual, software and physical tools and advanced discipline knowledge to research, evaluate and predict future performance of systems characterised by complexity. (D.1)
- Collaborative and Communicative: FEIT graduates work as an effective member or leader of diverse teams, communicating effectively and operating autonomously within cross-disciplinary and cross-cultural contexts in the workplace. (E.1)
Teaching and learning strategies
This subject has six modules delivered online over a period of six weeks. Students work through each module at their own pace, and momentum is maintained through weekly interactive activities attached to each theme and/or concept within the modules. In each module, contents are delivered in CANVAS through a combination of learning materials, questions/activities, and short video presentations. Over the six weeks, there are 3 synchronous one-hour online interactive sessions facilitated by teaching staff that discuss the module and provide opportunities for a task-based group activity, discussion on subject materials, feedback on learning progress, and Q & A sessions. The assessment tasks are built on each other in an effective way to reflect on the feedback for earlier tasks and inform later tasks.
Content (topics)
Module 1: Understanding TIM
- The need for TIM: An overview of business challenges
- A brief history of technologies in business
- Dynamic capabilities theory and definition of TM
- TM as a profession
Module 2: Getting to know the TM activities and tools: Part 1
- Activity 1: Acquisition
- Activity 2: Exploitation
- Tool 1: Portfolio Management
- Tool 2: Value Analysis
Module 3: Getting to know the TM activities and tools: Part 2
- Activity 3: Identification
- Activity 4: Learning
- Tool 3: Patent Analysis
- Tool 4: Roadmapping
Module 4: Getting to know the TM activities and tools: Part 1
- Activity 5: Protection
- Activity 6: Selection
- Tool 5: S-Curve
- Tool 6: Stage-Gate
Module 5: The potential implication of new technologies
- Technology assessments
- Identification of stakeholder needs in business and society
- Bridging stakeholders and value analysis
- Governance models and standards
Module 6: Future of TIM
- Future Challenges
- Implications of challenges on TIM
Assessment
Assessment task 1: Project Proposal
| Intent: | This assessment task prepares students in their search for finding a potential new technology that could match their company context and generate a competitive advantage. |
|---|---|
| Objective(s): | This assessment task addresses the following subject learning objectives (SLOs): 1 and 2 This assessment task contributes to the development of the following Course Intended Learning Outcomes (CILOs): C.1 and D.1 |
| Type: | Report |
| Groupwork: | Individual |
| Weight: | 15% |
| Length: | 750 words (+/- 10%) |
Assessment task 2: Management of a technological innovation
| Intent: | This assessment task helps students implement their knowledge of technology management activities and tools in a company context. |
|---|---|
| Objective(s): | This assessment task addresses the following subject learning objectives (SLOs): 2 and 3 This assessment task contributes to the development of the following Course Intended Learning Outcomes (CILOs): D.1 and E.1 |
| Type: | Report |
| Groupwork: | Individual |
| Weight: | 45% |
| Length: | 3500 words (+/- 10%) |
Assessment task 3: Assessing potential implications of a new technology
| Intent: | This task aims to guide students to research all potential impacts of new technology and develop a mitigation strategy to overcome any negative effects generated by this new technology. |
|---|---|
| Objective(s): | This assessment task addresses the following subject learning objectives (SLOs): 1 and 4 This assessment task contributes to the development of the following Course Intended Learning Outcomes (CILOs): B.1 and C.1 |
| Type: | Report |
| Groupwork: | Individual |
| Weight: | 25% |
| Length: | 2000 words (+/- 10%) report |
Assessment task 4: Pitch for the new technology
| Intent: | This assignment allows students to develop their presentation skills in a compelling business pitch where they communicate why and how new technology should be deployed in their companies. |
|---|---|
| Objective(s): | This assessment task addresses the following subject learning objectives (SLOs): 3 and 4 This assessment task contributes to the development of the following Course Intended Learning Outcomes (CILOs): B.1 and E.1 |
| Type: | Presentation |
| Groupwork: | Individual |
| Weight: | 15% |
| Length: | 10-min long video and a PowerPoint file |
Minimum requirements
To pass the subject, a student must achieve an overall mark of 50% or more.
Required texts
Cetindamar, D., Phaal, R., Probert, D. (2016) Technology Management: Activities and Tools, 2nd edition, Palgrave/ Macmillan: London. (Online version at the library)
Recommended texts
Tidd, J. and Bessant, J. (2018) Managing Innovation: Integrating Technological, Market and Organizational Change, 6th edition, John Wiley: Chichester.