We are living times when technology and technological development are generally understood to be of great importance. Several things are happening simultaneously. Individual firms and countries are investing more in research and development than ever before, viewing these investments as essential for success. Similarly, output from research, measured for example by the number of new patents issued, is rising again. The sources of financing have changed, with new forms such as venture capital gaining in importance. A deeper look into how the "new" economy works reveals that a bag of old and trusted tools works very well in allowing us to analyze the supposedly new environments, and in allowing us to disentangle so-called new strategies of firms.
Technology Management and Policy aims to equip the student with the necessary tools to identify, formulate, and analyze strategic questions both conceptually and empirically. TMP stresses the economic, organizational and commercial aspects of technological issues, and therefore no knowledge of technologies is required. The strategic and incentive aspects of invention, innovation and diffusion are emphasized throughout. Teaching is a mix of a rigorous scientific approach and hands-on descriptions and analyses of real world cases, problems, and solutions. The former is supplied by academics, the latter by guest lecturers from firms and other organizations involved in R&D, innovation and financing of innovation. The graduates of TMP acquire good analytical skills, and an in-dept understanding of the issues.
We examine issues such as R&D management, strategic alliances (research joint ventures, licensing), finance of innovation, organization of R&D, and strategic analysis of intellectual property rights and markets of high-technology products. These are embedded in a wider picture, showing the connections to standard issues in firm strategy and competition analysis. The emphasis is on providing the students with the necessary tools, both theoretic and empirical, to analyze issues of strategic importance.
We also analyze policy questions, as they are important in themselves, and because government policies provide the environment in which firms operate. We analyze issues such as intellectual property, competition policy, the relationship between basic and applied research, and subsidies to innovation and diffusion.
TMP graduates are well placed to take a wide variety of challenges. Among them are jobs in private sector firms conducting R&D, and firms providing services to hi-tech companies such as management consulting and/or finance. TMP provides academically ambitious students with an exceptionally good background for graduate studies in management, finance and economics.
» The subject site in English
» Kurssit
» Tiedotteet HSE:n tutkinto-opiskelijoille
» Old website / vanhat verkkosivut