Use these questions to help you assess your learning from the readings in the Lectures and Reading Materials (LRM) for 49016. This document contains the questions for discussion sections 1 through 4 positivistic some general study questions.
Section 1
INTRODUCTION
The immensity of Technological Innovation
Technology S Curves
Types of Innovation
Objectives of this section:
On completion of this section you should understand:
Innovation
§What is understructure? Why is it important?
Innovation is improving a product, modifications through with(p) to an following product, process or service. Important because
Impact of globalisation,
adjoin in rival
Customer power increasing
Disruptive technologies
Nations ---economic growth
To solve elephantine problems. energy crisis
§What is the Management of Technology?
3 main aspects :-human :- assembly line :-technical
Effective management of invention , design, receivement,production , transfer and use of applied science within an organisation.
----Linking engineering science and management disciplines to plan develop and implement technological capabilities to shape and accomplish the strategic and useable objectives of an organisation, with attention to evaluation of the market from time to time and picture technical capabilities.
§Why is technology management important?
fast pace of technological change
Rapid pace of technological development
contain to cut the production development times
Increasing international competition ie maximise effective competitiveness
§What is the innovation funnel?
It is a company process where many thousands of ideas which are put send to the company are thought over and evaluated to get a final product of a few products which are all in all ready for the market
Technology S Curves
§Why does a discontinuity exist between S curves when a technology is being replaced by a newer technology?
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