Technological Innovation

Description

This course aims to equip students with strong conceptual foundation for understanding the dynamic process of technological innovation. Students will be introduced to the importance of technological innovation as a driver for value creation and economic growth. The dynamics of technological change will be analyzed through the concepts such as technology life-cycles, dominant design, network externalities, and first-mover advantage. Key technology commercialization processes through which an innovative idea is transformed into a successful product or service in the marketplace will be studied, and the key organizational/management factors and socio-economic/competitive environmental factors that influence the effectiveness of these processes will be highlighted.