Innovation in all its forms, encompassing the introduction of a new process, product, service or system to an organisation, is considered to be the key to long term economic growth and improved quality of life. At firm level, innovation is generally essential to its competitiveness and sustainability; indeed, it is often stated that companies which fail to innovate will lose market share and disappear within a short period. The process of innovation is supported by the transfer or development of knowledge, and particularly knowledge on the choice and application of technology. The twin activities of innovation and technology management are therefore essential in order to ensure the optimal absorption and utilisation of new knowledge leading to the introduction of new products, processes or services.
In this Masters programme students must complete nine theoretical modules (7 core and 2 electives) as well as a mini-dissertation. You will be introduced to modules such as technology management, innovation management, corporate entrepreneurship, new product development and strategic management, all of which support the long term goals of building levels of innovation and productivity within an organisation. The programme aims to provide knowledge on how to identify technology transfer and absorption processes, manage these processes, support firm-level innovation with in-house research and development, engage on open or inclusive innovation and maximise the acquisition of new technology within the normal constraints of financial resources