Technology Management Syllabus

Course Code: MI0040  

Course Title: Technology Management (4 Credits)                                      




Course Contents


Unit 1:Introduction to Technology Management: Concept and Meaning of Technology and Technology   Management- Technology; Technology management, Evolution and Growth of Technology, Role and Significance of Technology Management, Impact of Technology on Society and Business- Technology and competition; Key issues in managing technological innovation, Forms of Technology- Process technology; Product technology


Unit 2:Technology Acquisition: Technology Acquisition, Alternatives for Acquiring New Technologies, Reasons Compelling a Company for Obtaining a New Technology, Management of Acquired Technology, Measures of Scale and Mechanisms for Acquiring Technologies- Economy of scale or Scale economy; Levels of scale; The measurement of scale; Factors affecting the choice of scale


Unit 3:Technology Forecasting: Concept of Technology Forecasting- Characteristics of technology forecasting ; Technology forecast method; Principles of technology forecasting, Technology Forecasting Process, Need and Role of Technology Forecasting, Forecasting Methods and Techniques, Planning and Forecasting


Unit 4:Technology Strategy and Competitiveness: Technology Strategy-Technology strategy and management; Elements of an accessible technology strategy, Innovation Management, Competitive Advantage- Components of competitive advantage; Creating competitive advantage using value chain, Technology Management Evaluation or Assessment


Unit 5:Technology Adoption, Diffusion, and Absorption: Technology Adoption, Technology Diffusion-  of technology diffusion;  Perspectives of innovation diffusion process; Activities necessary for diffusion process, Technology Absorption- Role of technology absorption; Benefits of technology absorption; Constraints in technology absorption, Technology Package and Technological Dependence, Indian Experience in Technology Absorption Efforts, Issues Involved in the Management of Technology Absorption and  Government Initiatives


Unit 6:Selection and Implementation of New Technologies – Automation Decisions: New Technologies, Selection of a New Technology, Implementation of New Technology, Automation-    Automation and automation technology;   Automation decisions


Unit 7:Aspects and Issues in Technology Management: Technological Change- Characteristics of technological change; Classification of technological change; Impact of technological change, Technology Life Cycle, Technology Transformation, Technology Policies and Policy Instruments, Technological Development Options and Strategies, Technology and Socio-Economic Planning, Diffusion and Growth of Technologies- Information technology revolution; Macro effects of technological change


Unit 8:Technology Generation and Development: Technology Generation- Process; , Technology Development, Importance of Technology Generation and Development, Need for Technology Strategy, Importance of Research and Development (R&D)- Corporate research and product lifetimes; Production costs and R&D; Translation of R & D efforts to technology


Unit 9:Technology Transfer: Transfer of Technology, Models of Technology Transfer- Traditional technology transfer models; Qualitative technology transfer models, Technology Transfer Modes, Dimensions of Technology Transfer, Features of Technology Package, Routes of Technology Transfer


Unit 10:Technology Assessment: Technology Choice, Technology Assessment Process, Technology Leadership and Followership, Technology Concepts- Technology acquisition; Meaning of innovation and creativity; Innovation management


Unit 11:Managing Technology Based Innovation: Innovation and Technology- Innovation – Technology relationship; Technological innovation and management, Process of Technology - Based Innovation, Measures of Innovative Performance, Characteristics of Innovative Work Environment, Key Areas of Management Focus for Productive Innovation, Measures for Building High-Performing Innovative Technology- Based Organisations.


Unit 12:Product Technology: Product Development, Role of Government in Technology Management, Technology Development and Competition, Managing Research & Development (R & D), Intellectual Property Management


Unit 13:Knowledge Based Technologies and Knowledge Management: Knowledge Based Technology and Techniques -  Knowledge based technology process;    Tools and techniques, Role of Artificial Intelligence Techniques, Knowledge Management Techniques for Technology Management


Unit 14:Human Aspects in Technology Management: Integration of People and Technology, Factors Considered in Technology Management- Organisational factors; Psychological factors, Organisational Structure and Technology


Unit 15:Social Issues in Technology Management: Social Issues, Technological Change and Industrial Relations- Implementation of rationalization and automation in India; Impact of technological change, Technology Assessment and Environmental Impact Analysis- Environmental impact analysis process- Guidelines on the scope of EIA; Issues in preparation of EIA report; Elements of the environmental problem