STPS 554

Management of Technological Innovation


From a business perspective, the course will focus on the linkage of technology and business strategies, key R&D business processes, issues in global R&D management, methods of measuring and optimizing the return on the R&D investment, commercializing technology and the commercial development process, technology intelligence, organization and human resources issues in the R&D, and leveraging private investors including Venture Capital (VC) and public R&D support programs. Case studies from international benchmark studies and best practices will be discussed. The course will move deliberately between strategic issues (why does business do R&D?) and managerial and organizational issues (how should business do R&D?), though the focus of the course is more on better understanding of private R&D behavior for policy design.