BMGT45080 Technology & Innovation Strategy

Academic Year 2023/2024

Technology and innovation are key strategic levers for competitive advantage, and their importance has further increased in today's digital economy. We take the perspective of CEOs and directors of large corporations to guide students through the understanding of how technological changes affect leading organizations, why they often fail to adapt, what are the strategies that new entrants use to attack through innovation, and how established companies can/should react in high-velocity and competitive environments.

We start the course by examining the models of technological change and disruption elaborated in the ‘70’s-‘90’s at HBS and the MIT, and gradually we move to the recent scientific advancements until 2022. We examine major adaptation models and consider the strategic role of core competencies, complementary assets, and legal protection mechanisms to create and capture value. We also learn theories and applications of platforms and ecosystems, open innovation, business model innovation, and also reflect on sustainable innovations.

To make the content practical and useful, we discuss several case studies, simulations, examples, and videos. This course stimulates a high level of engagement and students practice multiple skills. At the ends of course, students have an individual examination and then present innovative group projects in team.

The objective of this course is to equip students with practically relevant frameworks and real evidence of how to develop technology and innovation strategies to gain and sustain competitive advantage.

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Curricular information is subject to change

Learning Outcomes:

Upon successful completion of this course, students will be able to:
• Understand the drivers of technological changes and their consequences for organizations and markets
• Use and apply existing models to predict strategic outcomes and changes in the competitive positioning of firms
• Identify and analyze the relationship between technological innovation and firms’ advantage, and better interpret some of today’s industry transformations, such as the rise of platforms and ecosystems, potential disruptions (e.g., AI, Blockchain) and business model innovation.
• Explain key concepts such as: industry evolution, product and process innovation, disruptive innovations, organizational adaptation, strategic alliances.
• Develop their strategic thinking through the new lens, of innovation management
• Improve their skills in analysing complex situations and discuss them through case study analysis and presentation.

Student Effort Type Hours
Specified Learning Activities


Autonomous Student Learning




Small Group






Requirements, Exclusions and Recommendations

Not applicable to this module.

Module Requisites and Incompatibles
Not applicable to this module.
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Continuous Assessment: Group case and reading analyses Throughout the Trimester n/a Graded No


Examination: Individual in-person examination Week 11 No Graded No


Group Project: Final Group Project Week 12 n/a Graded No


Continuous Assessment: Individual Class Contribution Throughout the Trimester n/a Graded No


Carry forward of passed components
Resit In Terminal Exam
Spring No
Feedback Strategy/Strategies

• Feedback individually to students, on an activity or draft prior to summative assessment
• Group/class feedback, post-assessment
• Self-assessment activities

How will my Feedback be Delivered?

A mix of group and individual feedback is provided orally in class and out of class. Self-assessment activities are also employed in the form of discussions and self-reflection on in-class student work.

Lecture Offering 1 Week(s) - 5 Fri 10:00 - 12:50
Lecture Offering 1 Week(s) - 13 Mon 10:00 - 12:50
External & School Exams Offering 1 Week(s) - 12 Mon 14:00 - 15:50
Lecture Offering 1 Week(s) - 13 Mon 14:00 - 16:50
Lecture Offering 1 Week(s) - 1, 2, 3, 5, 6, 7, 8, 9, 10 Tues 15:00 - 17:50

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