1. Management of Technology

2. What is MOT?
MOT links engineering, science, and management disciples to plan, develop, and implement technological capabilities to shape and accomplish the strategic and operational objectives of an organization.
Operation of MOT is a transformational system, from proprietary know-how to the commercialization of product, including operations, quality assurance, human resources, information management, planned for profits

3. Some Definitions Technology Invention Innovation
knowledge of the manipulation of nature for human purpose
techno – process, art
ology – system of knowledge
Invention
The creation of a functional way to do
Innovation
the transformation of an idea into a new or improved saleable product or operational process in industry and commerce or into a new approach to a social service.

4. Science versus Technology
System
Input
Output
SCIENCE
Information
&
Knowledge
Information
&
Knowledge
Information
&
Knowledge
Information
&
Knowledge
Artifacts
By-product
Output
TECHNOLOGY
Input
Products & Processes

5. The Process of Technological Innovation at a Firm Level
CONCEPT DEFINITION
Conceptual definition
of product or service
Setting technical goals
and priorities
Setting expected
performance
TECHNICAL ANALYSIS
Resources required
Resources available
Time frame for
development
IDEA GENERATION
Recognition of need
Alternative ways to
meet the need
Analysis of alternative
solutions
Selection of best
solution & criteria for
selection
Proposal for
implementation
Approval by top
management
MARKET ANALYSIS
Defining the market
Analysis of current and
future needs
Know the customers
Know the competitors
Window of opportunity
BUSINESS PLAN
SWOT
Economic analysis
Capital
Strategic outlook
FULL PRODUCTION AND
COMMERCIALIZATION
Production
Tooling
Operation control
Supply organization
Logistics
TEST MKT
Strategy for market
introduction
Marketing innovations
Timing
Measuring response
DISPOSAL
Environmental
consciousness
DEVELOPMENT
Prototype
Testing
Start-up needs

6. Innovation Management Routines
Scanning
Monitor environment (internal and external) for signals about potential opportunities/threats.
Strategy
Evaluate options in terms of strategic fit with competences and benefit/cost.
Resourcing
People, technology, money ... Balance.
Implementation
Technical & market development; launch and follow-on.
Learning and Re-innovation 8

7. Understand the Techno/Economic Environment
What kinds of technologies represent the most fertile ground for applying our innovative capabilities?
How do high tech industries evolve? How can we tell what technologies are destined for market dominance?
What are the primary barriers to adoption of our innovative products? How can they be over come?
How can we be the ones to profit from our innovations?

8. Build Innovative Organizations
How can we build innovative capabilities?
How should we make sourcing decisions for key innovation resources?
How can we give employees motivation and direction that is aligned with long term objectives?

9. Innovative Capabilities Audit Framework
Resource
availability
and allocation
Understanding
competitors’
innovative
strategies and
multi-industry
evolution
Understanding
corporate
technological
environment
Corporate
innovative
strategies
Corporate structural
and cultural context
Corporate strategic
management capacity

10. MOT Topics Science and technology policy Technology transfer
High-tech industry and market structure
Strategic management of technological innovation
R&D management
New product development
Entrepreneurship and new business venturing
Technology transfer
IPR strategy and management
Industrial marketing
E-commerce and e-business
System engineering management
Decision sciences
Knowledge management