Description: Outlines tools for formulating and evaluating technology strategy, including an introduction to the economics of technical change, models of technological evolution, and models of organizational dynamics and innovation. Topics covered include: making money from innovation; competition between technologies and the selection of standards; optimal licensing policies; joint ventures; organization of R & D; and theories of diffusion and adoption. Taught using a combination of readings and case studies.
Course #: 15.912
Professor(s) who recently taught this course:
Rebecca Henderson
Petra Moser