Managing Technological Innovation: Tools and Methods (World Scientific R&d Management)

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.

Tugrul U Daim is Professor and Director of Technology Management Doctoral Program, in the Department of Engineering and Technology Management, at Portland State University (PSU), USA. Prior to joining PSU, he had worked at Intel Corporation for over a decade in varying management roles. At Intel he managed product and technology development. He also has several professional certifications including the New Product Development Professional and Project Management Professional certificates. Professor Daim has been consultant to several organizations in sectors ranging from energy to medical device manufacturing. He has been helping organizations including the US Department of Energy; the Energy Trust of Oregon; Biotronik; Biopro; Elsevier; and many others, to develop technology roadmaps for their future investments. He is also a visiting professor with the Northern Institute of Technology at Technical University of Hamburg, Harburg, Germany, where he teaches similar short courses. Tugrul has been recently appointed Extraordinary Professor at the Graduate School of Technology Management at the University of Pretoria in South Africa. He is frequently invited to give lectures to many multinational companies including IBM, Xerox and HP as well as universities around the world; including his recent visits to Finland, Japan and Germany. He has published over 200 refereed papers in journals and conference proceedings. His papers appeared in Technological Forecasting and Social Change, Technovation, Technology Analysis and Strategic Management, Computers and Industrial Engineering, Journal of Medical Systems, Energy, Energy Policy and many others. He has co-authored four books of readings and several proceedings. He is the Editor-in-Chief of the International Journal of Innovation and Technology Management and the North American Editor of Technological Forecasting and Social Change. He received his BS in Mechanical Engineering from Bogazici University in Turkey, MS in Mechanical Engineering from Lehigh University in Pennsylvania, USA, MS in Engineering Management from Portland State University, USA, and PhD in Systems Science: Engineering Management from Portland State University in Portland Oregon, USA.