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This course focuses on the economics and management of
technological innovation by examining how industries
and firms are transformed by new technologies,
how new industries are formed, and what factors affect
innovation performance at the firm level. The aim is to
develop an awareness of the range, scope, and complexity
of the issues and problems related to the management of
technological innovations. The course takes a systems
perspective to develop insights into the conditions under
which particular structural arrangements and systems are
likely to facilitate technological innovation. The analysis
includes a wide variety of factors associated with
successful strategic innovation such as institutions,
business and technology strategy, and industrial and
organisational structures. The topics include a typology
typology of innovations, patterns of product and process
change, innovation and industry evolution, the capability
to innovate, patterns of innovation, technology strategy,
creating knowledge, learning and dynamic capability, and
determinants of technical change.
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