MGMT 401 Technology and Innovation ManagementMEF UniversityDegree Programs Electrical and Electronics EngineeringGeneral Information For StudentsDiploma SupplementErasmus Policy Statement
Electrical and Electronics Engineering
Bachelor Length of the Programme: 4 Number of Credits: 240 TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF: Level 6

ECTS Course Information Package

School/Faculty/Institute Faculty of Economics, Administrative and Social Sciences
Course Code MGMT 401
Course Title in English Technology and Innovation Management
Course Title in Turkish Teknoloji ve İnovasyon Yönetimi
Language of Instruction EN
Type of Course Flipped Classroom
Level of Course Intermediate
Semester Fall
Contact Hours per Week
Lecture: 3 Recitation: Lab: Other:
Estimated Student Workload 137 hours per semester
Number of Credits 5 ECTS
Grading Mode Standard Letter Grade
Pre-requisites BUS 201 - Business Integration I | BUS 203 - Business Practice I | BUS 206 - Business Practice II
MGMT 201 - Managing People and Organizations | MGMT 203 - Organizational Behavior
Co-requisites None
Expected Prior Knowledge None
Registration Restrictions Only Undergraduate Students
Overall Educational Objective The aim of this course is to understand innovation, which is one of the competitive strategies and one of the two ways that individuals influence organizations, to discuss organizational structures that will support an innovation, and to gain the ability to manage innovation in organizations. In addition, it is to understand the dynamic relationship between innovation and technology by learning the historical development and present of technology and making predictions about the future of technology.
Course Description Innovation is one of the two competitive strategies of organizations, and according to the resource-based approach, it is an important source of competitive advantage for organizations in industries with high levels of competition. However, innovation comes with risks along with the competitive advantage it provides, and organizations must take these risks into consideration when managing innovation. For this reason, while learning the concept of innovation and its relationship with technology, development and entry time and commitment allocation level strategies will also be learned to manage the risks of innovation.

Course Learning Outcomes and Competences

Upon successful completion of the course, the learner is expected to be able to:
1) appreciate the impact of innovation and technology management on competitive advantage
2) understand the concepts, dynamics and methods of innovation management
3) appreciate the potential how innovation could be amplified with technology management
4) use business-wise innovation approaches like design thinking, etc.
5) understand the nature of process from ideation to production, in theory and practice
Program Learning Outcomes/Course Learning Outcomes 1 2 3 4 5
1) An ability to identify, formulate, and solve complex engineering problems by applying principles of engineering, science, and mathematics
2) An ability to apply engineering design to produce solutions that meet specified needs with consideration of public health, safety, and welfare, as well as global, cultural, social, environmental, and economic factors
3) An ability to communicate effectively with a range of audiences
4) An ability to recognize ethical and professional responsibilities in engineering situations and make informed judgments, which must consider the impact of engineering solutions in global, economic, environmental, and societal contexts
5) An ability to function effectively on a team whose members together provide leadership, create a collaborative and inclusive environment, establish goals, plan tasks, and meet objectives
6) An ability to develop and conduct appropriate experimentation, analyze and interpret data, and use engineering judgment to draw conclusions
7) An ability to acquire and apply new knowledge as needed, using appropriate learning strategies

Relation to Program Outcomes and Competences

N None S Supportive H Highly Related
     
Program Outcomes and Competences Level Assessed by
1) An ability to identify, formulate, and solve complex engineering problems by applying principles of engineering, science, and mathematics N
2) An ability to apply engineering design to produce solutions that meet specified needs with consideration of public health, safety, and welfare, as well as global, cultural, social, environmental, and economic factors S Participation
3) An ability to communicate effectively with a range of audiences S Participation
4) An ability to recognize ethical and professional responsibilities in engineering situations and make informed judgments, which must consider the impact of engineering solutions in global, economic, environmental, and societal contexts N
5) An ability to function effectively on a team whose members together provide leadership, create a collaborative and inclusive environment, establish goals, plan tasks, and meet objectives S Participation
6) An ability to develop and conduct appropriate experimentation, analyze and interpret data, and use engineering judgment to draw conclusions N
7) An ability to acquire and apply new knowledge as needed, using appropriate learning strategies S Participation
Prepared by and Date HIZIR KONUK , May 2024
Course Coordinator CEYHAN MUTLU
Semester Fall
Name of Instructor

Course Contents

Week Subject
1) Introduction to Innovation and Technology Management
2) Innovation and Technology Concept
3) History of Technological Development
4) Future of Technology (AI and Industry 4.0)
5) Future of Technology (AI and Industry 4.0)
6) Risk, Risk Taking, Entrepreneurship and Innovation Relationship
7) Institutions, Legitimacy, Isomorphism
8) Mid-term Project
9) Institution Changing Innovations
10) Being first in the market, Market Entry Strategies
11) Market Entry Strategies
12) Venturing Early or Following Late?
13) International New Ventures: Global Born Organizations
14) Society and Technology: Sustainable Innovations
15) Final Examination Period
16) Final Examination Period
Required/Recommended Readings1. Strategic Management of Technological Innovation, Melissa Schilling, 2017 5th Edition, 2. Organizational Change, Barbara Senior and Stephen Swailes, 2016, 5th Edition 3. A Thousand Brains: A New Theory of Intelligence, Jeff Hawkins, 2021 Mc Kinsey & BCG Insights
Teaching MethodsThis course is designed to provide students with an introductory exposure to many of the essential elements of managing yourself, teams and companies in today’s global system. For achieving learning objectives, the course will entail a set of related materials, lectures, guest speakers’ problem-solving activities, and creative processes as well as interactions with real life businesses. With readings and lectures, the students will be able to grasp the key issues of management in organizations whereas with case studies and discussions, they will find the opportunity to expand their perspectives and apply the theoretical knowledge to real life situations. The course will cover basic terminology and theoretical structure as well as practical implications. The methods which will be used throughout the course are real life case studies, group projects, presentations, in-class discussions, and keynote speaker addresses. Every member of the class is expected to freely share her/his knowledge, ideas, and questions with the group without any concern. Throughout the course, experiential, constructivist, research-based and reflective teaching strategies are used. In all kinds of teaching and learning activities, student participation, active learning and learning by doing are essential. The course will cover basic terminology and theoretical structure as well as practical implications. The methods which will be used throughout the course are real life case studies, group projects, presentations, in-class discussions and key note speaker addresses. Every member of the class is expected to freely share her/his knowledge, ideas and questions with the group without any concern. Throughout the course, experiential, constructivist, research-based and reflective teaching strategies are used. In all kinds of teaching and learning activities, student participation, active learning and learning by doing are essential.
Homework and ProjectsThe students will be making one presentation as a group at the end of the course. The groups will be formed, and the details of the projects will be announced later by the instructor. Each group will have maximum 3-4 members and each team member will present their part individually. Before the presentations, the group projects have to be submitted as a PPT file within a deadline provided by the instructor. Late assignments will not get full points.
Laboratory WorkNone
Computer UsePersonal Notebook
Other ActivitiesNone
Assessment Methods
Assessment Tools Count Weight
Attendance 1 % 30
Midterm(s) 1 % 30
Final Examination 1 % 40
TOTAL % 100
Course Administration konukhi@mef.edu.tr

This is a flipped course where each student is expected to read assigned material and watch videos in advance, follow class and Blackboard, and actively participate. According to MEF University regulations, officially excused absences from exams and assessments must be submitted to the faculty within 3 business days after the exam via the following link: https://www.cognitoforms.com/MEFUniversity/MazeretBildirimFormu. If you have any questions, please contact our faculty secretary, Selin Taşçı. Academic integrity: All students of MEF University are expected to be honest and comply with academic integrity. Students are expected to do their own work and neither give nor receive unauthorized assistance. Disciplinary procedures are carried out in accordance with Article 54 of the Higher Education Law No. 2547. IMPORTANT: As stated in the "Attendance to Courses and Practices (Article 24)" section of the MEF University Undergraduate Rules and Regulations, students are required to attend at least 70% of the courses and participate in all exams and other activities determined by the course instructor, in accordance with the principles set by the Council of Higher Education. Within the framework of MEF University's Artificial Intelligence Policy, it is aimed to integrate artificial intelligence into educational processes and promote its ethical use.

ECTS Student Workload Estimation

Activity No/Weeks Hours Calculation
No/Weeks per Semester Preparing for the Activity Spent in the Activity Itself Completing the Activity Requirements
Course Hours 14 2 3 2 98
Homework Assignments 1 15 2 2 19
Midterm(s) 2 8 2 20
Total Workload 137
Total Workload/25 5.5
ECTS 5