Technology Management

The course ensures that students encounter different challenges associated with managing a modern technology enterprise. The challenges are related to establishment, development and management of companies. This specifically includes a) understanding of organisations, including change and development processes; b)understanding of economy including basic understanding of accounting, investments and economy management; and c) possibility evaluation, business development and technologybased innovation.

The position of the course:
The course is an obligatory course for alle students enrolled in a 5-year engineering program at NTNU, but can also be taken by other students who want an introduction to enterpreneurship, organization and economics related to improving innovation in technology-based companies.

Knowledege provided in the course:
- a basic overview of themes relevant for an engineer within the areas of entrepreneurship, organization and financial engineering.
- basic knowledge about concepts and models for understanding innovation
- basic knowledge about concepts and models witin entrepreneurship related to possibility evaluation, technolobased business devlopment and financing of entreprenurial companies.
- basic knowledge about organizations with respect to how structural and HR theory can be used to improve innovative work in a company
- basic knowledge about central concepts and models in industrial engineering, particularly related to investment analysis, microeconomics and managerial accounting.

Competences developed in the course:
- Through the exercises students will learn to analyse the situation in a company with respect to important challenges to meet related to entrepreneurship and organizations.
- Through the exercises students will learn to develop and evaluate possible solutions to the challenges aalyused above
- Through exercises in economics students will train themselves to calculate and understand central models for calculating investments and accounting models.

Other competences:
- students will learn to use the textbook as a starting point for search for further material on challenges they meet.

Weekly lecture of 3h where each lecture covers one sub-topic within technology management. There are three topics on entrepreneurship, four topics on economy and three topics on organisation. The economy topics are followed by practical exercises with an integrated business simulator.