Addition topics and readings related to Economics of Technology
... More Technology Management Strategy
- General discussion of role of leadership and management (2)
- Robbins-Roth, Cynthia "From Alchemy to IPO: The Business of
Biotechnology", Chapter 2 (Genentech), pp. 13-30.
- readings from "peopleware"?
- importance of movitation / rewards / measuring results in large
- understand difference between small organizations and large orgs (2)
- Shapero, Albert "Managing Creative Professionals", Chapter 5 in
The Human Side of Managing Technological Innovation, Ralph Katz, Ed.,
Oxford University Press, pp. 39-46.
- Allen, T. "Distinguishing Scientists from Engineers", Chapter 3 of
Managing the Flow of Technology, pp. 35-57.
- Stern, S. "Do Scientists Pay to be Scientists?" NBER (National Bureau
of Economic Research?) Working Paper W7410, pp. 1-10, 28-31.
- Risk and value (1.3)
- Organizational culture (1.3)
- Cohen and Levinthal "Absorptive Capacity: A New Perspective on Learning
and Innovation", Administrative Science Quarterly.
- Kwanghui Lim "The Many Faces of Absorptive Capacity: Spillovers of
Copper Interconnect Technology for Semiconductor Chips".
- Managing research
- for companies -- how to guide research in labs (1.7)
[readings from books on how to do research; what to do with Ph.D.]
- IBM's approach to fostering technology (1.7)
- Books on creativity / idea-generation (1.7)
- Different time horizons for R&D (2)
- What makes a good company?
- in search of excellence, etc. (1.3)
- How are large organizations managed and motivated? (1.3)
- Importance of quantitative metrics, and their impact (1.3)
- different metrics used in industry and academia (1.3)
- Discussion of how pure research productivity is measured (1.3)
- count papers, patents, funding, paper references, etc. (2)
- different *kinds* of research: systems, theory, ... (2)
- fame... (1.7)
- what works? (1.7)
- Courtney, Hugh, Jane Kirkland and Patrick Viguerie "Strategy under
- Anderson, Philip C. and Michael L. Tushman "Managing through Cycles
of Technological Change", pp. 45-52.
- Evans, Philip and Thomas S. Wurster, Blown to Bits: How the New
Economics of Information Transforms Strategy, Chapter 2
"Information and Things" (pp. 9-15) and Chapter 3
"Richness and Reach" (pp. 23-30).
- Tushman, Michael L. and Philip Anderson "Marketing and Discontinuous
Innovation: The Probe and Learn Process", Managing Strategic
Innovation and Change, pp. 355-356, 358-363, 372.
- Mitchell, Graham R. and William F. Hamilton "Managing R&D as a Strategic
Option" in Tushman and Anderson, Managing Strategic Innovation and
Change: A Collection of Readings, New York, Oxford University Press,
- Burgelman, Robert, Modesto Maidique and Steven C. Wheelwright,
"Development Strategy and Preproject Management" from
"Creating and Implementing a Development Strategy", Strategic
Management of Technology and Innovation, pp. 658-662, 672-673.
- Pascale, Richard T. "The Honda Effect" from "Perspectives on Strategy:
The Real Story behind Honda's Success", California Management Review,
vol 36, 1984, pp. 191-192.
Technology Management Tactics
- Team organization (e.g. SW teams) (1.3)
- Roberts, E. and A. Fusfeld "Staffing the Innovative Technology-based
Organization", Sloan Management Review, Spring 1981, pp. 19-34.
- Clark, Kim B. and Steven C. Wheelwright "Organizing and Leading
'Heavyweight' Development Teams", California Management Review,
vol. 34, no. 3 (Spring 1992), pp. 9-28.
- Ancona, D.G. and D.F. Caldwell "Making Teamwork Work: Boundary
Management in Product Development Teams", Managing Strategic
Innovation and Change: A Collection of Readings,
eds. Tushman and Anderson, New York, Oxford University Press.
- Importance of communication (1.7)
- "Academic" approaches to problems vs. what people actually use:
importance of K.I.S.S. (1.3)
- Actual software development (1.3)
- formal methods not used widely... why? (1.3)
- importance of incremental system building - get something working
- How do large SW development projects work? Partitioning of
design and implementation effort. (1.7)
(maybe a reading or two about how Microsoft structures its
software projects; a different reading about how Boeing or some
other more correctness-oriented company does)
- SW engineering disasters: thorac, .... more than one thing
- Facts on failure rates for large SW/technology projects (1.7)
- Wheelwright and Clark "Creating Project Plans to Focus Product
Development", Harvard Business Review, 1992.
- Krubasic "Customize Your Product Development" Harvard Business Review,
- von Hippel "Lead Users: A Source of Novel Product Concepts", Management
Science, vol. 32, no. 7 (Jul) pp. 791-805
- Nichols "Scientific Management at Merck: An Interview with CFO Judy
Lewent", Harvard Business Review, 1994.
- Nonaka and Takeuchi "Theory of Organizational Knowledge Creation",
Chapter 3 in The Knowledge Creating Company, Oxford University
Press, 1995, pp. 56-94.
- Bohn "Measuring and Managing Technological Knowledge", Sloan Management
Review, August 2002, vol. 80, no. 8, pp. 18-20.
- Amabile, Teresa M, Hadley, Constance N., Kramer, Steven J.
"Creativity under the Gun", Harvard Business Review, Aug 2002,
vol. 80, no. 8, pp. 52-60.
- Schein, E. "Three Cultures of Management: the Key to Organizational
Learning", Sloan Management Review, 38(1), 9-20.
- Chesbrough and Teece "When is Virtual Virtuous? Organizing for
Innovation", Harvard Business Review, Jan-Feb 1996, pp. 65-74.
Technology and Society
- How does technological change fundamentally change businesses? (2)
- maximum impact is by completely changing how the other business is
run; or by creating a new business. (2.3)
[Andy Grove's ~August 2003 Fortune article????]
- influential technologies: communications, transport, information mgmt.
- examples such as amazon.com, yahoo.com, and older ones too. (2.7)
- The military's use of technology to change how war is fought?
[Germans figured out how to use tanks; US figured out how to use
smart weapons; ...]
- Network-centric warfare - computing and communication technologies
as defense industries (David Brant, guest speaker?)
- Technology's impact on productivity [covered earlier] (3)
- Government sponsorship of technology (2.7)
- Role of government sponsorship of technology, and transferring it
from theory to practice:
- WW2, Manthattan project, NASA, etc. (SDI as a failure?) (2)
- how should research be funded and directed? (2.7)
- Nelson, R. "The Simple Economics of Basic Scientific Research",
Journal of Political Economy, vol. 67, no. 3 pp. 297-306.
- Teece, D. "Profiting from Technological Innovation: Implications for
Integration, Collaboration, Licensing and Public Policy",
The Competitive Challenge, 1987.
- Buderi, Robert "U.S. R&D as Percent of GNP"
and "U.S. R&D Funding by Source",
Engines of Tomorrow, pp. 376, 377.
- Law of unintended consequences
- technology-induced cost changes: SPAM, junk mail, etc. (2)
- need to combine organization change w/technological change (2.7)
- Volti, Rudy "Technology as a Subversive Force" from Chapter 2
"Winners and Losers: The Differential Effects of Technological Change"
in Society and Technological Change, Third Edition, pp. 16-20.
- Interaction w/goals of privacy, etc.: Lawrence Lessig (1.7)
- Lawrence Lessig - book: code and other laws of cyberspace
- Palladium and "trusted computing" [MPR June 2003] (2)
- study of .NET, MS Passport, etc. (2)
- "The Promise in Selling Stem Cells", The New York Times, August 26, 2001.
- "Ethical Concerns Block Widespread Patenting of Embryonic Advances",
The Wall Street Journal, August 20, 2001.
Additional Readings and Resources
- Joel Spolsky's articles (Joel on Software), listed
- Bresnahan, Timothy F., Research Papers
- Progress and Freedom Foundation
- Consumer Project on Technology
- Greenstein, Shane, Research Papers
- Computer & Communications Industry Association
- Kardas links
- Economics Teachers' Society of South Australia
- Entrepreneurial Classes at UT
- The incredible shrinking IT industry
- Book, "Open Sources: Voices from the Open Source Revolution"
- Advantages of open source software
- Betting your future on Linux IBM White Paper
- The Magic Cauldron
- The Economics of Open Source Software for a Competitive Firm
- Lots of online references at opensource.mit.edu
- W.B. Arthur, Competing technologies, increasing returns and lock-in by historical events [unnecessarily mathematical - doesn't provide much insight].
- NBER Working Papers
- NBER Home Page
- Another class with the
same name! (CS405 at the University of Greece)
- An online book titled "The Economics of Technology", by Vincent H. Smith
- Levin, R.C., A.K. Klevorick, R.R. Nelson and S.G. Winter,
"Appropriating the Returns from Industrial Research and Development",
Brookings Papers on Economic Activity, vol. 3, pp. 783-831. [fairly
dry study; not a good class reading]
(c) 2003 Don Fussell and Bill Mark