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Management of Technological Innovation

Process innovation can occur in both strategic

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Unformatted text preview: knowledge for its own sake (opposite of applied research) Long- vs. short- term research: Best classification management of research Basic research: push back frontiers of knowledge – may be curiosity motivated or applied Product vs. process: Innovation can occur in both Strategic innovation (whole new line of business( vs. maintenance & improvement of EXISTING product lines. Some technological elements of management: Business strategy Technology forecasting Technological and market intelligence Support and finance Human resources management Risk capital Technological operations Technology acquisition, implementation, and integration Management of research and development New product design & development. Intellectual property and standards Industrial Research and Development (R&D)...
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