Description
المملكة العربية السعودية
وزارة التعليم
الجامعة السعودية اإللكترونية
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
College of Administrative and Financial Sciences
Assignment 1
Management of Technology (MGT 325)
Due Date: 5th October 2025@ 23:59
Course Name: Management of Technology
Student’s Name:
Course Code: MGT325
Student’s ID Number:
Semester: 1st
CRN: 11652
Academic Year:2024-25
For Instructor’s Use only
Instructor’s Name: Dr. Asif Hasan
Students’ Grade: 00 /10
Level of Marks: High/Middle/Low
Instructions – PLEASE READ THEM CAREFULLY
• The Assignment must be submitted on Blackboard (WORD format only) via
allocated folder.
• Assignments submitted through email will not be accepted.
• Students are advised to make their work clear and well presented, marks may be
reduced for poor presentation. This includes filling your information on the cover
page.
• Students must mention question number clearly in their answer.
• Late submission will NOT be accepted.
• Avoid plagiarism, the work should be in your own words, copying from students or
other resources without proper referencing will result in ZERO marks. No exceptions.
• All answered must be typed using Times New Roman (size 12, double-spaced) font.
No pictures containing text will be accepted and will be considered plagiarism).
• Submissions without this cover page will NOT be accepted.
Restricted – مقيد
Course Learning Outcomes-Covered
➢ Recognize the dynamics and the importance of managing technological innovation
strategically. (LO 1)
Reference Source:
Textbook:Schilling M.A (2020),Strategic Management of Technology Innovation (6th Edition). McGraw Hill Education. Electronic Version: ISBN-13: 978-1260087956 ISBN-10:
1260087956, Printed Version: ISBN-13: 978-1260087956 ISBN-10: 1260087956
Weight: 10 Marks
Students are required to refer to chapter 1, 2&3 of their textbook.
Clear understanding of the chapters along with continuous critical analyzation of each
topic and subtopic is highly recommended.
Based on the knowledge and information gathered by referring to the textbook,students
own thorough research and considering the current technological landscape and
innovation strategy in the Kingdom of Saudi Arabia (KSA), answer the following
questions. Each answer should include references to theories and concepts discussed in
the textbook, as well as examples and insights related to KSA.
Total Marks: 10
1. The Importance of Technological Innovation in KSA (3 marks) (400-500 words)
✓ Define technological innovation and explain its significance in the modern
competitive environment. Discuss how technological innovation is a key driver
of Saudi Vision 2030. Use examples from sectors like renewable energy,
healthcare, or education to illustrate how innovation is transforming industries
in KSA.
Restricted – مقيد
2. Sources of Innovation in KSA (3 marks) (400-500 words)
✓ Chapter 2 outlines the sources of innovation. Discuss how individual creativity,
corporate R&D, and government-funded research contribute to innovation
within KSA. Provide examples of government initiatives, such as the King
Abdulaziz City for Science and Technology (KACST), and the role of
universities in driving innovation.
3. Types and Patterns of Innovation in KSA (3 marks) (400-500 words)
✓ Explain the different types of innovation (e.g., radical vs. incremental) and how
they impact competitive advantage. How are Saudi companies adopting these
innovations, particularly in the sectors of energy and technology? Discuss with
reference to companies like Saudi Aramco or NEOM.
References (1 Mark)
✓ Support your submission with course material concepts, principles, and theories from
the textbook and at least two scholarly, peer-reviewed journal articles unless the
assignment calls for more.
✓ Use proper citation formatting.
Guidelines for Students:
•
Use appropriate references from the textbook and external sources, with a focus on
examples from KSA.
•
Each answer should highlight KSA’s technological advancement, the role of
government initiatives, and how innovation is being shaped in the context of Vision
2030.
•
Each question is worth 3 marks, with marks awarded for clarity, relevance, and use
of examples specific to KSA.
Directions:
✓ All students are encouraged to use their own words.
✓ The assignment should be approximately 1200-1500 words in length.
✓ Use Saudi Electronic University academic writing standards and APA style
guidelines.
✓ Use proper referencing (APA style) to reference, other styles will not be accepted.
✓ Support your submission with course material concepts, principles, and theories from
the textbook and at least two scholarly, peer-reviewed journal articles unless the
assignment calls for more.
Restricted – مقيد
✓ It is strongly encouraged that you submit all assignments into the safe assignment
Originality Check prior to submitting it to your instructor for grading and review the
grading rubric to understand how you will be graded for this assignment.
Restricted – مقيد
STRATEGIC MANAGEMENT OF
Technological
Innovation
Sixth Edition
Melissa A. Schilling
©2020 McGraw-Hill Education. All rights reserved. Authorized only for instructor use in the classroom. No reproduction or further distribution permitted without the prior written consent of McGraw-Hill Education.
Chapter 1
Introduction
1-2
©2020 McGraw-Hill Education
Importance of Technological
Innovation
1
Technological innovation now the single most
important driver of competitive success in many
industries.
• Many firms earn over one-third of sales on products
developed within last five years.
• Product innovations help firms protect margins by
offering new, differentiated features.
• Process innovations help make manufacturing more
efficient.
1-3
©2020 McGraw-Hill Education
Importance of Technological
Innovation
2
Advances in information technology have
enabled faster innovation.
• CAD/CAM systems enable rapid design and shorter
production runs.
Importance of innovation and advances in
information technology have lead to:
• Shorter product lifecycles (more rapid product
obsolescence).
• More rapid new product introductions.
• Greater market segmentation.
1-4
©2020 McGraw-Hill Education
Impact on Society
Innovation enables a wider range of goods and
services to be delivered to people worldwide.
• More efficient food production, improved medical
technologies, better transportation, etc.
• Increases Gross Domestic Product by making labor
and capital more effective and efficient.
• However, may result in negative externalities.
• For example, pollution, erosion, antibiotic-resistant
bacteria.
1-5
©2020 McGraw-Hill Education
Innovation by Industry:
The Importance of Strategy
Successful innovation requires carefully crafted strategies and
implementation processes.
Innovation funnel.
•
Most innovative ideas do not become successful new products.
• For example, The New Product Development Funnel in Pharmaceuticals.
Access the text alternative for these images
©2020 McGraw-Hill Education
1-6
The Strategic Management of
Technological Innovation
1
Part One: The foundations of technological Innovation.
• Sources of innovation.
• Types and patterns of innovation.
• Standards battles and design dominance.
• Timing of Entry.
Access the text alternative for these images
©2020 McGraw-Hill Education
1-7
The Strategic Management of
Technological Innovation
2
Part Two: Formulating Technological Innovation Strategy.
•
•
•
•
Defining the organization’s strategic direction.
Choosing innovation projects.
Collaboration strategies.
Protecting innovation.
Access the text alternative for these images
©2020 McGraw-Hill Education
1-8
The Strategic Management of
Technological Innovation
3
Part Three: Implementing Technological Innovation Strategy.
•
Organizing for innovation.
•
Managing the new product development process.
•
Managing new product development teams.
•
Crafting a deployment strategy.
Access the text alternative for these images
©2020 McGraw-Hill Education
1-9
Discussion Questions
1. Why is innovation so important for firms to
compete in many industries?
2. What are some of the advantages of
technological innovation? Disadvantages?
3. Why do you think so many innovation
projects fail to generate an economic return?
1-10
©2020 McGraw-Hill Education
Part One: Industry Dynamics of
Technological Innovation
The sources from which innovation arises, including the role of
individuals, organizations, government institutions, and
networks.
Types of innovations, and common industry patterns of
technological evolution and diffusion.
The factors that determine whether industries experience
pressure to select a dominant design, and what drives which
technologies dominate others.
Effects of timing of entry, and how firms can identify (and
manage) their entry options.
1-11
©2020 McGraw-Hill Education
وزارة التعليم
الجامعة السعودية اإللكترونية
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
College of Administrative and Financial Sciences
Assignment 1
Management of Technology (MGT 325)
Due Date: 5th October 2025@ 23:59
Course Name: Management of Technology
Student’s Name:
Course Code: MGT325
Student’s ID Number:
Semester: 1st
CRN: 11652
Academic Year:2024-25
For Instructor’s Use only
Instructor’s Name: Dr. Asif Hasan
Students’ Grade: 00 /10
Level of Marks: High/Middle/Low
Instructions – PLEASE READ THEM CAREFULLY
• The Assignment must be submitted on Blackboard (WORD format only) via
allocated folder.
• Assignments submitted through email will not be accepted.
• Students are advised to make their work clear and well presented, marks may be
reduced for poor presentation. This includes filling your information on the cover
page.
• Students must mention question number clearly in their answer.
• Late submission will NOT be accepted.
• Avoid plagiarism, the work should be in your own words, copying from students or
other resources without proper referencing will result in ZERO marks. No exceptions.
• All answered must be typed using Times New Roman (size 12, double-spaced) font.
No pictures containing text will be accepted and will be considered plagiarism).
• Submissions without this cover page will NOT be accepted.
Restricted – مقيد
Course Learning Outcomes-Covered
➢ Recognize the dynamics and the importance of managing technological innovation
strategically. (LO 1)
Reference Source:
Textbook:Schilling M.A (2020),Strategic Management of Technology Innovation (6th Edition). McGraw Hill Education. Electronic Version: ISBN-13: 978-1260087956 ISBN-10:
1260087956, Printed Version: ISBN-13: 978-1260087956 ISBN-10: 1260087956
Weight: 10 Marks
Students are required to refer to chapter 1, 2&3 of their textbook.
Clear understanding of the chapters along with continuous critical analyzation of each
topic and subtopic is highly recommended.
Based on the knowledge and information gathered by referring to the textbook,students
own thorough research and considering the current technological landscape and
innovation strategy in the Kingdom of Saudi Arabia (KSA), answer the following
questions. Each answer should include references to theories and concepts discussed in
the textbook, as well as examples and insights related to KSA.
Total Marks: 10
1. The Importance of Technological Innovation in KSA (3 marks) (400-500 words)
✓ Define technological innovation and explain its significance in the modern
competitive environment. Discuss how technological innovation is a key driver
of Saudi Vision 2030. Use examples from sectors like renewable energy,
healthcare, or education to illustrate how innovation is transforming industries
in KSA.
Restricted – مقيد
2. Sources of Innovation in KSA (3 marks) (400-500 words)
✓ Chapter 2 outlines the sources of innovation. Discuss how individual creativity,
corporate R&D, and government-funded research contribute to innovation
within KSA. Provide examples of government initiatives, such as the King
Abdulaziz City for Science and Technology (KACST), and the role of
universities in driving innovation.
3. Types and Patterns of Innovation in KSA (3 marks) (400-500 words)
✓ Explain the different types of innovation (e.g., radical vs. incremental) and how
they impact competitive advantage. How are Saudi companies adopting these
innovations, particularly in the sectors of energy and technology? Discuss with
reference to companies like Saudi Aramco or NEOM.
References (1 Mark)
✓ Support your submission with course material concepts, principles, and theories from
the textbook and at least two scholarly, peer-reviewed journal articles unless the
assignment calls for more.
✓ Use proper citation formatting.
Guidelines for Students:
•
Use appropriate references from the textbook and external sources, with a focus on
examples from KSA.
•
Each answer should highlight KSA’s technological advancement, the role of
government initiatives, and how innovation is being shaped in the context of Vision
2030.
•
Each question is worth 3 marks, with marks awarded for clarity, relevance, and use
of examples specific to KSA.
Directions:
✓ All students are encouraged to use their own words.
✓ The assignment should be approximately 1200-1500 words in length.
✓ Use Saudi Electronic University academic writing standards and APA style
guidelines.
✓ Use proper referencing (APA style) to reference, other styles will not be accepted.
✓ Support your submission with course material concepts, principles, and theories from
the textbook and at least two scholarly, peer-reviewed journal articles unless the
assignment calls for more.
Restricted – مقيد
✓ It is strongly encouraged that you submit all assignments into the safe assignment
Originality Check prior to submitting it to your instructor for grading and review the
grading rubric to understand how you will be graded for this assignment.
Restricted – مقيد
STRATEGIC MANAGEMENT OF
Technological
Innovation
Sixth Edition
Melissa A. Schilling
©2020 McGraw-Hill Education. All rights reserved. Authorized only for instructor use in the classroom. No reproduction or further distribution permitted without the prior written consent of McGraw-Hill Education.
Chapter 1
Introduction
1-2
©2020 McGraw-Hill Education
Importance of Technological
Innovation
1
Technological innovation now the single most
important driver of competitive success in many
industries.
• Many firms earn over one-third of sales on products
developed within last five years.
• Product innovations help firms protect margins by
offering new, differentiated features.
• Process innovations help make manufacturing more
efficient.
1-3
©2020 McGraw-Hill Education
Importance of Technological
Innovation
2
Advances in information technology have
enabled faster innovation.
• CAD/CAM systems enable rapid design and shorter
production runs.
Importance of innovation and advances in
information technology have lead to:
• Shorter product lifecycles (more rapid product
obsolescence).
• More rapid new product introductions.
• Greater market segmentation.
1-4
©2020 McGraw-Hill Education
Impact on Society
Innovation enables a wider range of goods and
services to be delivered to people worldwide.
• More efficient food production, improved medical
technologies, better transportation, etc.
• Increases Gross Domestic Product by making labor
and capital more effective and efficient.
• However, may result in negative externalities.
• For example, pollution, erosion, antibiotic-resistant
bacteria.
1-5
©2020 McGraw-Hill Education
Innovation by Industry:
The Importance of Strategy
Successful innovation requires carefully crafted strategies and
implementation processes.
Innovation funnel.
•
Most innovative ideas do not become successful new products.
• For example, The New Product Development Funnel in Pharmaceuticals.
Access the text alternative for these images
©2020 McGraw-Hill Education
1-6
The Strategic Management of
Technological Innovation
1
Part One: The foundations of technological Innovation.
• Sources of innovation.
• Types and patterns of innovation.
• Standards battles and design dominance.
• Timing of Entry.
Access the text alternative for these images
©2020 McGraw-Hill Education
1-7
The Strategic Management of
Technological Innovation
2
Part Two: Formulating Technological Innovation Strategy.
•
•
•
•
Defining the organization’s strategic direction.
Choosing innovation projects.
Collaboration strategies.
Protecting innovation.
Access the text alternative for these images
©2020 McGraw-Hill Education
1-8
The Strategic Management of
Technological Innovation
3
Part Three: Implementing Technological Innovation Strategy.
•
Organizing for innovation.
•
Managing the new product development process.
•
Managing new product development teams.
•
Crafting a deployment strategy.
Access the text alternative for these images
©2020 McGraw-Hill Education
1-9
Discussion Questions
1. Why is innovation so important for firms to
compete in many industries?
2. What are some of the advantages of
technological innovation? Disadvantages?
3. Why do you think so many innovation
projects fail to generate an economic return?
1-10
©2020 McGraw-Hill Education
Part One: Industry Dynamics of
Technological Innovation
The sources from which innovation arises, including the role of
individuals, organizations, government institutions, and
networks.
Types of innovations, and common industry patterns of
technological evolution and diffusion.
The factors that determine whether industries experience
pressure to select a dominant design, and what drives which
technologies dominate others.
Effects of timing of entry, and how firms can identify (and
manage) their entry options.
1-11
©2020 McGraw-Hill Education
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