managing innovation AND technology transfer

timer Asked: Jan 1st, 2019
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Question description

Students will be required to conduct either a:-

Option 1. Research a business related theme from the module scheme of work and produce an individual academic report.


The assessment of this assignment will cover all of the following learning outcomes:


K1 Critically analyse the management of innovation and technology transfer as a core business process.

K2 Critically evaluate the choices and challenges in building and managing an innovative organisation.

K3 Reflect upon and critically evaluate the key attributes in capturing learning from Innovation and technology transfer.


S1 Demonstrate an ability to critically appraise theories of managing innovation and technology transfer in the 21st century.

S2 Evaluate the assessment of viable concepts, models and techniques in order to identify ease of transmission for the adoption and/or application of managing innovation and technology transfer.


Students are asked to reflect on their personal network of tutors, family members, relatives and professional / social networks to thoroughly consider if it is possible to source a live organisation and to manage an innovation project and produce a reflective log.

However the assessment structure is clearly designed not to disadvantage those students who have limited commercial experience and access to a suitable organisation. Hence:-

Option 1. Research a business related theme from the module scheme of work and produce an individual academic report.

Word Count 3000 Words

Option 1 is a research based assessment in which students must familiarise themselves (i.e. reading and reflecting on current journal articles) with a current theme from the module scheme of work. Student will then be required to write an academic report in the form of a journal paper.

The submitted paper must critically debate a current theme and be supported with company examples.

Tutor Answer

School: UC Berkeley

Please let me know if there is anything needs to be changed or added. I will be also appreciated that you can let me know if there is any problem or you have not received the work. Please let me know if there is anything needs to be changed or added. I will be also appreciated that you can let me know if there is any problem or you have not received the work Good luck in your study and if you need any further help in your assignments, please let me know Can you please confirm if you have received the work? Once again, thanks for allowing me to help you R MESSAGE TO STUDYPOOL NO OUTLINE IS NEEDED

Report: Managing Innovation and Technology Transfer

Managing Innovation and Technology
by HAL

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12 min 21 sec 23 min 46 sec






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Report was generated on Monday, Jan 7, 2019, 2:50 PM

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Report: Managing Innovation and Technology Transfer

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Page 2 of 2


Managing Innovation and Technology Transfer




Business innovation and technology transfer are a crucial topic for business
competitiveness and growth. The contribution of firms to technology transfer and change is
essential for the dynamic development of a business. Typically, smaller firms exploited
commercial and technological opportunities based on researches and breakthroughs achieved by
different organizations and brought them to the market thus creating employment and growth. As
such, technology transfer and business growth naturally top the innovation policies of many
companies and governments. The implementation of various technological tools in the various
operations within an organization helps in the realization of various organizational objectives
within the stated organization. Similarly, the introduction of technology helps the respective
organization to use minimal effort possible in addressing the respective task. The topic receives
considerable attention in the local, regional and national levels of projects.
For every organization, understanding the innovation process forms an essential part of
identifying strategies for technology transfer. The people participating in the innovation process
usually provide critical feedback, new technologies, implementation experiences and new ideas
for extra research. Some innovators play additional roles in implementation and investigations.
The market forces that generate incentives for innovation in different sectors operate differently
according to the surrounding circumstances. For instance, in the private sector, change usually
arises because the organizations need a competitive advantage over other therefore they seek to
produce improved final products. The public sector gets its stimulation typically to implement
new technology from financial incentives, regulations and the failure of current processes. The
organizations may also get stimulated by technical assistance programs and technology transfer.



Technology transfer refers to the enabling mechanisms that support, encourages and promotes
According to Autio et al. (2014) technology transfer defines the movement of
technological innovations and know-how among organizations. The activities of technology
transfer aim at identifying the innovative technologies available for companies, selecting and
promoting technologies needing prioritization, developing, determining and applying effective
transfer methods necessary to support technology innovations, and continually improving the
technology transfer methods according to the feedback based on the successful transfers.
Technology transfer within the stated organization may include the implementation of
various strategies where an organization selects the most appropriate strategy that suits them.
Technology transfer involves complex relationships in organizations with different participants
having varying interests at stake and supporting different incentives for their involvement in
technology implementation and transfer processes. Like innovation processes, technology
transfer involves many individual steps. The method can begin ones the users describe their
technological needs to the developers and researchers of technology, and it will include all
activities of the technology users, researchers, transfer staff and any other stakeholders. The
innovation and technology transfer team include the people that lead to the innovation and
adaptation of new and different procedures or products.
Technology transfer can take place in the form of informal interactions among
individuals of through formal consultation agreement s such as workshops, publications, joint
projects, personnel exchange programs, contract researches, et cetera. The above definition
describes both the direct and indirect transfers of technology. Active technology transfer also
referred to as direct technology transfer links to specific ideas and techniques in more visible



channels for instance cooperative research h projects and partnering agreements. Indirect
technology research also known as passive technology transfer refers to the exchange of
information informally through publications, conferences, and workshops et cetera. Usually, the
early stages of technology transfer lifecycle are pre-dominated by indirect transfers, therefore,
posing difficulties in tracing the originators of specific ideas and technologies. However,
technology innovations benefit from the inputs and feedbacks from a variety of sources.
According to William Lendel et al., (2015) the process of innovation
"Can be considered on the base of scientific literature analysis as an organized and
controlled sequence of activities where inputs in the form of innovative ideas are
transformed into outputs in the form of innovations."
The process of innovation refers to the steps of recognizing the evolving needs of
customers, therefore, taking up the innovation opportunities and generating ideas to close the
arising gaps. The process also involves elaborating new ideas, working with the knowledge and
information regarding the innovation, realizing the innovative activities and ensuring the success
of extending the change to customers. Since most customers' needs occur from extension and
usage of new products, the process of change refers to a repetitive process whereby the number
of innovation processes is unlimited. Innovation processes also give the participants a learning
opportunity whereby they evaluate any deviations and failures and identify ways of improving.
Each stage of innovation dramatically depends on the support from feedback and openness
allowing the participants to adopt new ideas.
Management of innovation and technology transfer processes in companies forms a real
challenge for the administration and the employees. Some factors influence innovation processes
and their management from their theoretical concepts, to model solutions to real-life



applications. The most substantial and most significant challenge is seen when the organization
lacks complex, unified and transparent means of managing innovation and technology transfer.
Many organizations try to maintain their innovation process through intuition and sudden need.
However, the organizations end up solving new problems arising from their unpreparedness in
managing innovation. Consequently, the organizations need to create comprehensive and
transparent models of the innovation processes which will significantly help the management.
The benefits of identifying an innovation process model would accrue to all stakeholders
including the managers, customers, and other employees.
Due to globalization, innovation is a strategic relevance as organizations seek to sustain
and increase their economic growth. Consequently, organizations in both developed and
developing countries see change as a diplomatic means of improving the competitive advantage
across the market. In this light, many sectors in the world have nurtured innovation through
actions and policies which focus broadly on regulating and facilitating the transfer of technology
and knowledge across the multiple actors in the system of change. Change plays a critical role in
the decision making the processes of organizations in the economic system which have to deal
with uncertainty arising from the ever-changing trends for example due phenomenon like
globalization. Innovation and technology transfer, therefore, seeks to increase the welfare and
growth of the economy through sustaining and strengthening the competitive edges of industries,
firms, and sectors while simultaneously improving the quality of life and living standards. From
the above explanation, one can define innovation as a strategic mechanism used to effectively
adapt or induce a change to sustain and strengthen the welfare of the economy.
The small and medium organizations that seek to develop through innovation have the
options of ex...

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