This course is an application of theoretical approaches to Technology Management and Innovation. Major concepts, tools, and processes will be explored through lecture, readings, team activities, and case study applications. Major topics include technology innovation, the assessment of technology and the importance of technology forecasts, how to manage the innovation strategy, technological evolution, organizational context for technology management, strategic actions required by business, developing a firm's organizational innovation capabilities, creating and implementing a development strategy, new product development, and challenges to managing innovation.