Managing Technological Innovation

Tools and Methods

The management of technological innovation is both an art, as well as a science; the process involves the know-how and technological core skills to deliver the functionality on the one hand, and (with an ear on the ground) the ability to identify changes in technologies to come up with new innovations on the other. This requires, as a result, frameworks, system tools, and methodologies to improve the yield in innovations.

Managing Technological Innovation provides a set of tools and case studies for R&D managers to effectively manage technological innovations — from the identifying of technological needs to the launch of the product. The book is divided into five parts. Part 1 addresses the policies and strategies necessary to provide direction to R&D organizations in the management of technological innovation. Part 2 focuses on technological assessment; presenting the methods available to better matching of technologies to strategic directions, supported with case studies to illustrate the evaluation methods. Part 3 covers the development and building of technological portfolios with new products, as well as mitigation strategies. Part 4 focus on the execution phase of built portfolios — the development of new products. And finally, Part 5 rounds up with a study on the factors which impact the diffusion of technological innovations into the market place.

This book is a practical guide for R&D professions and designers, as well as a case study reference for graduate students in pursuit of their project work.

Contents:

• Technology Policy: Determining Effects of Incentives for Industry Competitiveness Using System Dynamics (Martin Kaggwa, Jasper L Steyn & Anastassios Pouris)
• Technology Assessment: Managing Risks for Disruptive Technologies (Anirban Ganguly, Roshanak Nilchiani & John V Farr)
• Technology Assessment: Triz Technology System Evolution Theory (Jianguang Sun & Runhua Tan)
• Technology Assessment: A Framework for Identification of Causalities Among Internal and External Modes of Technology Acquisition (Farshid Mohamadnejad)
• Technology Assessment: Technological Capability Assessment for Automotive Parts Manufacturers (Mehdi Mohammadi, Mahdi Elyasi & Mostafa Mohseni Kiasari)
• R&D Portfolio Management: The Intellectual Property Scorecard (Irfaan Khota & Leon Pretorius)
• R&D Portfolio Management: Real Options Theory in Defense Projects (Won-Joon Jang & Jeong-Dong Lee)
• R&D Portfolio Management: Integrated Technology Roadmapping Tool to Aid the Decision-Making of R&D Investments (Husam Arman, Mohammad Kabli & Shirley Cavin)
• R&D Portfolio Management: Performance Management (Hakyeon Lee, Moon-Soo Kim, Soung Ryong Yee & Kyungil Cho)
• New Product Development: Balancing between R&D and Marketing (Ahmet Ilker Soydan & M Atilla Oner)
• New Product Development: Performance Measurement Evaluation Matrix (Stefan Cedergren, Christer Norstrom & Anders Wall)
• New Product Development: Design Risk Assessment (Chung Yeh, Wen-Chin Liu & Chih-Lieh Lee)
• Technology Diffusion: Application Paths (Kensuke Kato & Kumiko Miyazaki)
• Technology Diffusion: Computational Fluid Dynamics (CFD) for Flow Simulation in Greenhouses (L Pretorius, S Kruger & S J Benade)

Readership: Graduate students, researchers and professionals in the fields of R&D, product design, and technology diffusion.