ECONOMICS | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
ENM4103 | Technology and Innovation Management | Fall | 3 | 0 | 3 | 6 |
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
Language of instruction: | English |
Type of course: | Non-Departmental Elective |
Course Level: | Bachelor’s Degree (First Cycle) |
Mode of Delivery: | Face to face |
Course Coordinator : | Dr. Öğr. Üyesi ALPER CAMCI |
Recommended Optional Program Components: | None |
Course Objectives: | This course focuses on the main subjects in the strategic management of technological innovations. The aim of the course is leading students to understand (i) the importance, nature and impacts of technological innovations (ii) the link between technological innovation strategy and general business strategy (iii) to be informed about the theories and practice of technology innovation management. In this course, the aim is not only to understand the theories of technological innovations but also to discuss the practice of technological innovation. Therefore case studies are important; most of the theoretical parts are followed by case studies. These cases are examples from real world; it is important to read, think about and discuss these examples in the classroom. |
The students who have succeeded in this course; After completing this course students will be able to: I. Develop an awareness of the scope and complexity technological innovations and issues in management of technology. II. Explain some main concepts such as types of innovation, open innovation, product life cycle; technology life cycle; dominant design; path dependency. III. Understand the process of creating technological innovations IV. Be familiar with technological innovation strategy formulation and implementation V. Develop a strategic business thinking towards the use of technology in various sectors. VI. Understand the tools and methods used in management of technology. Some of these tools are integrated into case analyses. |
In this course, first the nature of technological innovations, sources of innovations and the impacts of innovations at firm level will be discussed. Secondly, the evolution of technologies, stages of technological innovations, emergence of dominant design will be reviewed. After that we will focus on firm and firm strategy to develop technological innovations. In that part we will discuss the internal and external capabilities and resources of firms and the role of external linkages to create technological innovations. We will also review some other processes which are directly related to the innovation performance of firms such as managing creativity, R&D management, choosing innovation projects, protecting innovations. Finally we will focus on creating value through technological innovations and the commercialization of innovations . |
Week | Subject | Related Preparation |
1) | Introduction to management of technological innovations, some main concepts | None |
2) | Types of innovations and sources of technological innovations | Text book Chapters 2 and 3. |
3) | The nature of technological changes, emergence of technology standards and dominant design | Text book Chapter 4. Case study. |
4) | Timing of entry for technological innovations | Text book Chapter 5 |
5) | Technological innovation strategy and firm competitive strategy | Text book Chapter 6 |
6) | Internal capabilities to generate technological innovations | Instructor's notes |
7) | External technology-innovation strategy:Innovation networks and lead users | Text book Chapter 8 Instructor's notes |
8) | Midterm exam | Preparation for midterm exam |
9) | Developing and choosing innovation projects | Text book Chapters 7 and 9. |
10) | Managing creativity | Instructor's notes |
11) | Managing new product development process | Textbook Chapter 11. |
12) | Creating value through innovations, commercialization of technological innovations | Instructor's notes |
13) | An overview of technology management actions, tools and methods | Instructor's notes |
14) | Course project presentations | Preparation for project presentations |
Course Notes / Textbooks: | Schilling, Melissa A., Strategic Management of Technological Innovation, McGraw-Hill Irwin, 2010 |
References: | Case studies which will be distributed during the semester. |
Semester Requirements | Number of Activities | Level of Contribution |
Homework Assignments | 4 | % 10 |
Presentation | 1 | % 5 |
Project | 1 | % 15 |
Midterms | 1 | % 30 |
Final | 1 | % 40 |
Total | % 100 | |
PERCENTAGE OF SEMESTER WORK | % 45 | |
PERCENTAGE OF FINAL WORK | % 55 | |
Total | % 100 |
Activities | Number of Activities | Duration (Hours) | Workload |
Course Hours | 14 | 3 | 42 |
Study Hours Out of Class | 11 | 2 | 22 |
Presentations / Seminar | 1 | 5 | 5 |
Project | 1 | 20 | 20 |
Homework Assignments | 4 | 8 | 32 |
Midterms | 1 | 12 | 12 |
Final | 1 | 12 | 12 |
Total Workload | 145 |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | As a world citizen, she is aware of global economic, political, social and ecological developments and trends. | 2 |
2) | He/she is equipped to closely follow the technological progress required by global and local dynamics and to continue learning. | 2 |
3) | Absorbs basic economic principles and analysis methods and uses them to evaluate daily events. | 2 |
4) | Uses quantitative and statistical tools to identify economic problems, analyze them, and share their findings with relevant stakeholders. | 2 |
5) | Understands the decision-making stages of economic units under existing constraints and incentives, examines the interactions and possible future effects of these decisions. | 1 |
6) | Comprehends new ways of doing business using digital technologies. and new market structures. | 2 |
7) | Takes critical approach to economic and social problems and develops analytical solutions. | 1 |
8) | Has the necessary mathematical equipment to produce analytical solutions and use quantitative research methods. | 2 |
9) | In the works he/she contributes, observes individual and social welfare together and with an ethical perspective. | 2 |
10) | Deals with economic problems with an interdisciplinary approach and seeks solutions by making use of different disciplines. | 1 |
11) | Generates original and innovative ideas in the works she/he contributes as part of a team. | 2 |