BSc International Business, Finance and Economics with Industrial/Professional Experience
Year of entry: 2020
Course unit details:
Fundamentals of Technological Change
|Unit level||Level 1|
|Teaching period(s)||Semester 2|
|Offered by||Alliance Manchester Business School|
|Available as a free choice unit?||Yes|
The course will act as a first introduction to management and social science perspectives on technological change and how it has developed over time.
The first part of the course will explore the nature of science and technology from social and economic perspectives and will outline the economic history of technological change and industrialisation. It will introduce the concept of technological innovation, exploring how understandings of the innovation process have developed from simple science-led or demand-pull linear models through to the interactive models currently favoured by social scientists, showing how the latter have developed progressively as empirical case studies of innovation have been amassed. It will introduce the students to economic (mainstream and ‘heterodox’) and managerial theories of technological change that have shaped management and policy thinking about innovation.
Finally the course will discuss the management of technology both in the firm and in society more generally, taking as examples technological revolutions (e.g. the ICT revolution), systemic innovations (e.g. containerized shipping), firm level innovation strategies (e.g. open innovation and corporate venturing) and the role of government in innovation driven economic development (e.g. in the development of Silicon Valley).
1) To understand the nature of technological change and the roles it plays in firm competitiveness, economic growth and development
2) To introduce students to the challenges of managing technological change at both the societal (public policy) and firm (management/strategy) levels
3) To appreciate and use insights from economic history, economics, sociology and management studies as they relate to technological change
On successful completion students should be able to demonstrate:
1) an appreciation of the role of technological change in economic development, past and present
2) awareness of key models of the innovation process, their strengths and weaknesses
3) an understanding of the role of innovation in firm competitiveness
4) an appreciation of the management, policy and regulatory challenges in relation to technological change and how firms and governments attempt to address them
5) The ability to critically appraise, synthesise and apply social science concepts relevant to technological change.
Teaching and learning methods
Lecture plus small group seminar. Nine seminars are focused around the key reading of that week and two are supporting sessions: one on critical reading/thinking and one on essay writing.
Lecture hours: 11 (1 hour per week for 11 weeks)
Seminar hours: 11 (1 hour per week for 11 weeks)
Private study: 78
Total study hours: 100
Informal Contact Methods
Online Learning Activities (blogs, discussions, self assessment questions)
Assessed essay (2,000 words) 80%
One page report summarising a case or example as discussed in the seminars (20%)
- Informal advice and discussion during a lecture, seminar, workshop or lab.
- Online exercises and quizzes delivered through the Blackboard course space.
- Responses to student emails and questions from a member of staff including feedback provided to a group via an online discussion forum.
- Specific course related feedback sessions.
- Written and/or verbal comments on assessed or non-assessed coursework.
- Written and/or verbal comments after students have given a group or individual presentation.
Coombs, Rod; Saviotti, Paolo; Walsh, Vivien (1987) Economics and technological change (Third Edition), Macmillan
Freeman, Christopher; and Soete, Luc (1997) The Economics of Industrial Innovation (Third Edition), Printer Publishers
Landes David; (1969) The Unbound Prometheus: technological change and industrial development in Western Europe from 1750 to the present (Second Edition), Cambridge University Press
Mokyr Joel; (1990) The Lever of Riches: technological creativity and economic progress, Oxford University Press
Mazzucato M (2015) The entrepreneurial state : debunking public vs. private sector myths (Anthem Books).
|Scheduled activity hours|
|Independent study hours|
|Ronald Ramlogan||Unit coordinator|
Other staff involved: Other teaching staff and guest lecturers may be included.
Dependent course units: None
- Available as a free choice option to students who have received prior agreement from their registering School.
- Option for BSc Accounting. Not available to BSc in Management/Management (Specialism), IMABS, IM, IBFE or ITMB.
- BMAN10252 is available to visiting and exchange students admitted through the University of Manchester’s International Programmes Office.
For Academic Year 2019/20
Updated: March 2019
Approved by: March UG Committee