Dr L Mortara, Dr Rob Phaal, Dr Clive Kerr, Prof Tim Minshall, Prof Rick Mitchell
Timing and Structure
Michaelmas term. Eight sessions incorporating speakers. Assessment: 100% coursework. The course lectures below will be pre-recorded and will be available on Panopto. The speakers will be available at 3 pm on Mondays for 30 min for a Q&A session.
The aims of the course are to:
- provide students with an understanding of the ways in which technology is brought to market by focusing on key technology management topics from the standpoint of an established business as well as new entrepreneurial ventures
- place emphasis on frameworks and methods that are both theoretically sound and practically useful.
- provide students with both an understanding of the challenges and the practical means of dealing with them in an engineering context.
As specific objectives, by the end of the course students should be able to:
- have a thorough appreciation of how technology is used to address market opportunities, and how technology management supports that process
- assess and utilise appropriate technology management methods in different contexts
- understand the core challenges of technology management and the practical means of dealing with them in an engineering context
Introduction: Technology in the business context
- The objectives, content and procedure of the course
- Technology in organisations and markets
- How technology is managed to generate value – the link between technology and innovation
- What are technology management processes and how are they used?
Strategic Technology Management: How do companies plan for future technology progression?
- Strategic technology management
- Planning for the future by linking technology, product and market considerations - Technology Roadmapping (TRM)
- Scenario planning tools to help manage the uncertainties of the future
Identification: How do companies keep up with scientific and technological developments?
- Technology intelligence and its role for organisations
- Technology intelligence systems
- How do the technology intelligence systems operate: the process
Selection: How to select the right technology for the future?
- Selecting technology investments: specific problems
- Tools and techniques for technology selection
- How do companies manage a portfolio of R&D projects?
Acquisition: Different routes to acquire technology from partners
- The process of technology acquisition
- Defining the motivation and what we want to acquire (e.g. Make or buy?
- Assessing the match (Internal drivers, technology and partners’ characteristics)
- Deciding the setup of the acquisition
Protection: Protecting technology to ensure future business opportunities
- The relevance of intellectual property (IP) in today’s technology and business context.
- How to manage and enforce IP strategically for technology related business problems.
- How to organize for effective IP management.
Exploitation: Making money from new technologies: How to choose the right business model
- What are the different ways in which an idea can be brought to market?
- Why do most innovations reach the market through new firms rather than established firms?
- How do new and established firms work together?
Technology managers:lessons from the trenches
· Invited speaker(s) will reflect on their experience in technology management: Topics covered include
· Managing technology in organisations
· Managing technology and innovation projects
· The job of the technology manager
Additional resources for this module will be available from the course Moodle page.
Details will be given at the start of the module.
The order of lectures and lecturers might change at short notice. Please refer to the Moodle page for the latest update
The coursework objective is for the students to demonstrate knowledge of the technology management approaches and tools explored in class by applying this understanding to a specific context (e.g. a company that is facing an emerging technology). Information on the specifics will be shared with the class at the start of the module. The context will be the basis to draft the coursework which reflects on technology management practices and approaches which could be relevant for managers, drawing upon module material supplemented with students' own research on both industrial practice & academic theory. The details of the coursework will be discussed in class at the start of the course.
Coursework Learning objective:
Your report and presentation will be assessed using the following criteria:
−Application– Does the report illustrate an understanding and an ability to apply the technology management principles to specific situations, and consider alternative approaches?
− Material –Does the report illustrate understanding of the material presented in the lectures and in the key readings? Is there evidence of additional reading and deepening of the concepts covered?
−Organisation– Are the messages of the report clearly articulated? Do they clearly explain, in a substantiated way, how the technology management tools/approaches and practices work, and have been applied or could be applied?
−Presentation– Is the document itself well presented, clearly structured, with appropriate referencing of supporting evidence, following the guidelines?
Details to be confirmed
Friday 14th January 2022, 12:00 (noon)
100% of assessment for this module
Please refer to the Booklist for Part IIB Courses for references to this module, this can be found on the associated Moodle course.
Please refer to Form & conduct of the examinations.
The UK Standard for Professional Engineering Competence (UK-SPEC) describes the requirements that have to be met in order to become a Chartered Engineer, and gives examples of ways of doing this.
UK-SPEC is published by the Engineering Council on behalf of the UK engineering profession. The standard has been developed, and is regularly updated, by panels representing professional engineering institutions, employers and engineering educators. Of particular relevance here is the 'Accreditation of Higher Education Programmes' (AHEP) document which sets out the standard for degree accreditation.
The Output Standards Matrices indicate where each of the Output Criteria as specified in the AHEP 3rd edition document is addressed within the Engineering and Manufacturing Engineering Triposes.
Last modified: 22/10/2021 14:01