TECHNOLOGY ACQUISITIONS AND DIFFUSION
SYLLABUS
UNIT I
Introduction to technology management: Concept and meaning of technology, Evolution and growth of technology, role and significance of management of technology, Impact of technology on society and business, Forms of technology: process technology and product technology.
UNIT II
Competitive advantages through new technologies: product development - from scientific breakthrough to marketable product - Role of Government in Technology Development. Linkage between technology, development and competition, Managing research and
development (R&D), Managing Intellectual Property.
UNIT III
Technological Forecasting: Exploratory: Intuitive, Extrapolation, Growth Curves, Technology Monitoring, Normative: Relevance Tree, Morphological Analysis, Mission Flow Diagram.
UNIT IV
Technology Assessment: Technology Choice, Technological Leadership and Follower ship, Technology Acquisition. Meaning of Innovation and creativity, innovation
management.
UNIT V
Technology strategy: concept, types, key principles, framework for formulating technology strategy, Technology forecasting: techniques and application. Technology diffusion and absorption: Rate of Diffusion; Innovation Time and Innovation Cost, Speed of Diffusion. Project management in adoption and implementation of new technologies.