Choose 2 Courses (6 Credits)
Entrepreneurship and Commercialisation
Code: MHAD 1063 Synopsis: This course is designed to expose students to the concept of entrepreneurship and commercialization in a broader scope which relate to technological entrepreneurship. The knowledge gained will help students to enhance their skills in their research projects toward technological entrepreneurship area. Students will equip with the skills and knowledge to be a good entrepreneur or manager. Topics discussed comprise of what is entrepreneurship, characteristics of successful technopreneurs, idea generation, identification, recognition and evaluation. Aspects of commercialization such as developing an intellectual property strategy, performing competitive analysis, selecting the target application and market for the technology, identifying the appropriate business model for commercialization, designing a go-to-market-plan, and choosing the sales approach to garner initial customers. Lectures expose students to the key issues of technology transfer, new venture creation, and commercialization. Students also will learn how to get funding through various sources and plan the venture. Also various skills to successfully run and manage entrepreneurial ventures will also be discussed. Finally, students will be guided to prepare a business plan after they have learned the fundamentals of a good business plan (following a chosen model). In general, the focus is on instilling entrepreneurial features among the students and developing the required skills to manage a technology business enterprise. Credit: 3
Technology and Innovation Management
Code: MHAD 1073 Synopsis: Technology and Innovation Management (TIM) is a fundamental issue that faces all firms today. The pace of change in business environment is faster today than ever before as new technologies and innovations force industries and firms to find new ways to compete and survive. The topics covered in this TIM course are integrating technology and strategy; technology innovation and strategy; design and implementation of technology strategy and its enactment; linking new technology and novel customer needs; internal and external corporate venturing; competence/capabilities through New Product Development and time series forecasting. Credit: 3
Policy and Economic of Technology Innovation
Code: MHAD 1083 Synopsis: This course aims to introduce and develop a critical understanding on the micro and macro-economics and public policy aspects of technological innovation. No previous knowledge of economics will be pre-supposed from students taking the course. At the end of the course student should be able to: explain and critically discuss the role of technological change in the competitiveness of national economies; assess and apply some concepts which economists have developed in order to analyse technological change; evaluate the systems of innovation in different countries; and evaluate the policy instruments used by governments for promoting and facilitating science, technology and innovation. Credit: 3
Financial Decisions in Technology Ventures
Code: MHAD 1093 Synopsis: This course considers how significant business idea are identified and built into real companies. The student will be exposed on how resources are matched with opportunity and how, within venture capital spectrum, the entrepreneur can secure venture capital financing to form high technology business venture. From the venture capitalist’s view, the student will understand the process and procedure of venture capitalist in making an investment. It will gives the student an inside view of venture capital companies when making an entrepreneurial investment evaluation, valuation, structuring and enhancing business formation. This course also highlights the exit strategies used by venture capitalist in their investment portfolio. Credit: 3
Strategic Management of Technology
Code: MHAD 1103 Synopsis: Technology is now becoming the primary driver for wealth creation and competitiveness for firms. It is very important for firms to manage technology to enhance their performance. It is essential that the concepts and practices of Management of Technology are well understood. The course aims to extend students understandings on the concepts and practices of strategic management in developing, acquiring, and exploiting new and existing technologies. In this course, students will also be exposed with the tools and techniques commonly used in MOT. Credit: 3
Managing Emerging Technology Ventures
Code: MHAD 1113 Synopsis: This course introduces the techniques and strategies to manage emerging technology enabled ventures. It focuses on techniques and strategies in the context of the technology enabled ventures in their mission to breed a constants flow of high-impact products that create value and stimulate economic growth by bringing new methods, technologies, and ideas to the global market. Thus students are required to explore the particular opportunity and risk in assembling human capital and financial resources to secure market during expansion and growth stages. Students are required to study managerial issues in a real-life technology enabled ventures as well as attending technology exhibitions and seminars. Credit: 3
Managing Intellectual Property
Code: MHAD 1123 Synopsis: This course introduces the students a substantial view of a broad concept of Intellectual Property Law which consists of copyright, trademarks, patents, industrial designs, trade secret and know-how, dealing with the principles, legal issues, where appropriate, practical consideration which currently relevant to technology-based industries needs. The Law of Trade mark, patent, industrial design, trade secret and know-how will also be introduced to the students as these are familiar features in both industrial and commercial markets. Copyright also provides a very useful and effective way of exploiting a work economically. The course also introduces the students the aspects of infringement, remedies, the exploitation and also the protection and maintenance of Intellectual Property Right in technology-based industries. The new challenges to IPR will also be discussed and the students will be familiarized with the IPR legal issues in technology-based industries and the relevant cases on Intellectual property law. Credit: 3