Strategic Management of Technology (B-KUL-D0S16A)
Aims
Upon completion of this course, the student is able to:
- Define and clarify concepts and models (rationale, ingredients, implications) relevant for defining and implementing an Innovation strategy (on the level of the firm (incumbent)) with a specific emphasis on technology intensive industries.
- Understand different forms of IP, relevant to deploy in an appropriate IP strategy on the level of the firm (complementary to the innovation strategy of the firm)
- Define and clarify concepts and models (rationale, ingredients, implications) relevant for organizing new product development efforts effectively (project level) (i.e. implementing the innovation strategy)
Previous knowledge
There is no specific preknowledge required for this course.
Is included in these courses of study
- Master handelsingenieur (Leuven) 120 ects.
- Master handelsingenieur (Leuven) (Major: Technologie en entrepreneurship) 120 ects.
- Master handelsingenieur (Leuven) (Minor: International business, strategie en innovatie) 120 ects.
- Master handelsingenieur (Leuven) (Minor: Technologie en entrepreneurship) 120 ects.
- Master handelsingenieur in de beleidsinformatica (Leuven) 120 ects.
- Master handelsingenieur in de beleidsinformatica (Leuven) (Minor: Technologie en entrepreneurship) 120 ects.
- Master of Business Engineering (Leuven) 120 ects.
- Master of Business Engineering (Leuven) (Major: Technology and Entrepreneurship) 120 ects.
- Master of Business Engineering (Leuven) (Minor: International Business, Strategy and Innovation) 120 ects.
- Master of Business Engineering (Leuven) (Minor: Technology and Entrepreneurship) 120 ects.
- Master handelsingenieur: bidiplomering UCLouvain (inkomend) (Leuven e.a.) (Opleidingsonderdelen KU Leuven: Major: Technologie en entrepreneurship) 126 ects.
- Master of Business Engineering: Double Degree UCLouvain (incoming) (Leuven et al) (Courses KU Leuven: Major Technology and Entrepreneurship) 126 ects.
- Master of Business Engineering: Double Degree UCLouvain (outgoing) (Leuven et al) (Courses KU Leuven: Major: Technology and Entrepreneurship) 127 ects.
- Master of Business and Information Systems Engineering (Leuven) 120 ects.
- Master of Business and Information Systems Engineering (Leuven) (Minor: Technology and Entrepreneurship) 120 ects.
- Courses for Exchange Students Faculty of Economics and Business (Leuven)
- Master of Management Engineering (Brussels) 120 ects.
- Master of Management Engineering (Brussels) (Major Technology and Entrepreneurship) 120 ects.
Activities
6 ects. Strategic Management of Technology (B-KUL-D0S16a)



Content
Part 1: Defining and implementing an innovation strategy (at the level of the firm)
Part 2: Define and design relevant IP strategies (at the level of the firm)
Part 3: Management of New Product Development processes (Project level)
Each part provides the students with a grounded and scientific approach towards important aspects of the innovation process. As a consequence, major scientific as well as application-oriented articles are provided as reading materials for each module.
The first part develops models of the innovation process and examines the strategic management of technology and innovation on the level of the firm. Both defining an innovation strategy and implementing the innovation strategy by means of concepts and practices such as the development of technology portfolios (including selection criteria for innovation projects and programs) and technology roadmaps will be discussed. Major issues in organizing the effective implementation of innovation strategies will be introduced (e.g. Organizational Ambidexterity, Venturing,.. .). We will also look at the nature and relevance of alliances and cooperation for the innovative performance of the firm.
The second part elaborates on intellectual property (IP) strategies that support your innovation (and competitive) strategy. Starting from an understanding of the different types of IP (patents, copyright, trademarks, designs, trade secrets), different open and closed IP strategies and their implications will be discussed. Specific attention will be devoted to building IP portfolios, and extracting value from (unused) IP..
The third part discusses the management of day-to-day operations in innovation environments. We discuss the following themes: (1) organizing innovation activities and new product development projects, (2) critical success factors in managing innovation projects, (3) the concept of project performance in innovative settings, (4) techniques and approaches to support project management in innovative environments
Course material
Used Course Material
- Articles and literature
- Cases
- Syllabus
- Slides, transparencies, courseware, provided via Toledo.
Suggested background Material
- Strategic Management of Technology & Innovation (McGraw-Hill)– Edited by R. Burgelman, C. Christensen & S. Wheelwright.
Toledo
- Toledo is being used for this learning activity to share readings, lecture slides, etc.
Format: more information
Students acquire in-depth insights in the management of innovation and technology in a course that combines traditional lectures and a group assignment.
For the group assignment students write a paper and give a poster presentation. Students demonstrate their ability to analyze and understand technology/innovation dynamics (at the firm level). Given the scope of the course, topics can be situated at 3 different levels: technology/innovation strategies; IP strategies of firms; and innovative products/projects that build on novel technology.
Evaluation
Evaluation: Strategic Management of Technology (B-KUL-D2S16a)
Explanation
FEATURES OF THE EVALUATION
* The written closed book exam assesses the extent to which the student has internalized the insights from the readings and lectures and is able to diagnose innovation dynamics, develop relevant arguments and understands consequences and implications of proposed actions.
* The paper and presentation should reflect that the student is able to analyze and understand the specific nature of their topic, to compare/situate the topic within the relevant (scientific) literature and to arrive at an assessment in terms of appropriateness. This is a group assignment.
* The paper and presentation are a group assignment implying teams of +/- 4 students.
* For the paper the term of deliverance and deadline will be determined by the lecturer and communicated via Toledo. The deadline will be situated before the start of the examination period at the end of the semester.
* The final presentation date will be set by the lecturer and communicated via Toledo. The presentations will take place before the start of the examination period; at the end of the semester.
* The class participation consists of case and plenary discussion.
DETERMINATION OF FINAL GRADES
* The grades are determined by the lecturer as communicated via Toledo and stated in the examination schedule. The result is calculated and communicated as a number on a scale of 20.
* The final grade is a weighted score and consists of the following components: 60% on a written closed book exam; 40% on the written paper and presentation
* The grade for the paper is only taken into account if the student succeeds in the final exam.
* If the student does not participate in the written exam, the final grade of the course will be NA (not taken) for the whole course.
* If the set deadline for the paper was not respected, the grade for that respective part will be a 0-grade, unless agreed otherwise by the lecturer. Changes in deadlines can only be considered in case of unexpected, severe, circumstances.
* If the student did not participate in the elaboration of the paper, the grades for the paper and presentation will be a 0-grade.
* Grades will be adjusted for class participation in the range of -2 to +2.
SECOND EXAMINATION OPPORTUNITY
* The features of the evaluation and determination of grades differ between the first and second examination opportunity.
* The student retakes that part of the evaluation (written closed book exam and/or paper and presentation) for which he did not pass. The grade obtained at the first exam opportunity for the part the student did pass, will be transferred to the second exam opportunity.
* If students did not pass for the paper and presentation (and did not pass overall), a tailor made trajectory (individual) for the paper can be considered/allowed.
* Due to the nature of the class participation (i.e. the case and plenary discussions), the grade attained at the first examination opportunity will be transferred to the second examination opportunity.
Information about retaking exams
See under 'Explanation'.