THE MANAGEMENT OF TECHNOLOGY AND INNOVATION: A STRATEGIC APPROACH explores the fundamental connections linking core business strategy, technology, and innovation. The book illustrates how these functions intertwine to play a central role in process layout, systems, structural design, and product development, as well as supporting an organization's overall success. An integrated approach and reader-friendly style make the material accessible for readers of all backgrounds, and the book strikes an ideal balance between essential business theory and extensive practical insights and real-world applications. In addition, the Second Edition has been thoroughly updated to incorporate the latest trends and research, abundant current examples and cases, and a useful set of new tools you can use to support effective strategic decision-making.

Part I: LAYING THE FOUNDATION General Electric: Changing with the Times 1. Management of Technology and Innovation: An Overview 2. Strategy Process and the Management of Technology and Innovation Appendix 1: Social Responsibility and the Management of Technology and Innovation Part II: INNOVATION: INTERNAL STRATEGY. GlaxoSmithKline: Successful Internal Innovation 3. Innovation: Planning 4. Internal Innovation: Implementation 5. Innovation: Evaluation and Control Appendix 2: Innovation: Project Management and New Product Development Part III: OBTAINING TECHNOLOGY: EXTERNAL STRATEGY. Acer Group: A Family of Brands 6. Obtaining Technology: Planning 7. Obtaining Technology: Implementation 8. Obtaining Technology: Evaluation and Control Appendix 3: Managing Platforms and Portfolios of Technology Part IV: BUILDING STRATEGIC MTI SUCCESS. Google: A Pattern of Success 9. Building Capabilities for MTI Success 10. Organizational Learning and Knowledge Management Appendix 4: Waves of Innovation and Predicting the Future