The Impact of Technology
Ends soon! Keep adding new skills with 10,000+ programs for $239 (usually $399). Save now.
The Impact of Technology
This course is part of Value Creation Through Innovation Specialization
Instructor: Martin Vendel
18,638 already enrolled
Included with
Ask Coursera
116 reviews
116 reviews
What you'll learn
Apply innovation theories and forecasting methods to predict how technologies may transform industries and markets.
Understand concepts such as disruptive innovation, megatrends, technology diffusion, and hype cycles.
Use foresight and backcasting techniques to map future business landscapes and technology-driven change.
Develop strategies for identifying opportunities, barriers, and value networks created by new technologies.
Details to know
See how employees at top companies are mastering in-demand skills
Build your subject-matter expertise
- Learn new concepts from industry experts
- Gain a foundational understanding of a subject or tool
- Develop job-relevant skills with hands-on projects
- Earn a shareable career certificate
There are 8 modules in this course
In this course, you will learn how to use theories and methods to make predictions of the potential impact of new technology – in general, as well as for a specific application. This will prepare you for the changes that we are facing in society, and also help you take advantage of transformations that are driven by technology.
The Impact of Technology course takes a broad approach, including social and economic factors. You will study historical examples and learn to recognize recurring patterns and cycles. The curriculum includes general innovation theories, foresight methodology, value chain disruption, and strategy. The general process is as follows. First, you to learn how to draw a map of the potential future business landscape. After that, you identify interesting future business roles in emerging value networks. Finally, we find a path from where we are today to a desired end state. You will analyze how an industry or market may change if the technology which is available today is fully implemented in a 10 to 20-year perspective. In addition, you will identify barriers to such a development and make estimates regarding the timing. The course includes a number of assignments to facilitate your learning – some of them compulsory. We all know that the future can’t be fully predicted in detail. However, the methods presented in this course will help you identify potential consequences. In this way, you will get a toolbox for decision-making in the areas of technology, investments, career path, research & development, or portfolio management.
Welcome to the course! We start with a short introduction module where you will get a general introduction, a description of the overall process we will follow, a historical example and an assignment. You will after this module have a good general overview of the course and knowledge about what you will learn and what to expect.
What's included
3 videos1 peer review
3 videos•Total 24 minutes
- Course introduction•6 minutes
- The full process•9 minutes
- A historical example•10 minutes
1 peer review•Total 60 minutes
- Analyzing a historical case•60 minutes
Relevant theories will help us in estimating the impact of technology. In this module three key innovation theories are included and by the end a more broad perspective is introduced.
What's included
5 videos1 assignment1 peer review
5 videos•Total 43 minutes
- Introduction to theory and models•8 minutes
- Dynamics of innovation•8 minutes
- Diffusion of innovation•9 minutes
- Disruptive innovation•10 minutes
- A wider perspective•8 minutes
1 assignment•Total 30 minutes
- Theory and models•30 minutes
1 peer review•Total 60 minutes
- A wider perspective - case solar cell price drop•60 minutes
When estimating the potential impact of a technology, it is essential to understand the technology delta: How much better is the new technology and is this delta significant enough to overcome the barriers to implementation and realise its full potential? We will in this module look at both the technology delta and the barriers to implementation. Supporting this analysis, the Gartner hype cycle, megatrends and industry transformation are given special attention.
What's included
6 videos1 assignment2 peer reviews
6 videos•Total 45 minutes
- Introduction to tech delta and barriers•6 minutes
- The tech delta•8 minutes
- The hype cycle•7 minutes
- Megatrends•8 minutes
- Barriers to change and diffusion•8 minutes
- Industry transformation•8 minutes
1 assignment•Total 30 minutes
- Technology delta and barriers•30 minutes
2 peer reviews•Total 120 minutes
- Tech delta - comparing two technologies•60 minutes
- Analyzing a technology in a megatrend perspective•60 minutes
Foresight in general, and backcasting in particular, is included in this module. After a general overview this module is built around one interactive sequential backcasting case.
What's included
6 videos1 assignment4 peer reviews
6 videos•Total 38 minutes
- Introduction to foresight•8 minutes
- Sequential backcasting•9 minutes
- Sequential backcasting - Debrief 1•6 minutes
- Sequential backcasting case - Debrief 2•5 minutes
- Sequential backcasting case - Debrief 3•7 minutes
- Sequential backcasting - The complete picture•4 minutes
1 assignment•Total 30 minutes
- Foresight•30 minutes
4 peer reviews•Total 240 minutes
- Sequential backcasting case - part 1•60 minutes
- Sequential backcasting case - part 2•60 minutes
- Sequential backcasting case - part 3•60 minutes
- Sequential backcasting case - part 4•60 minutes
Technologies with a significant impact put existing value networks out of balance. New value networks are emerging around new technologies. This module covers value networks basics and let's you practice how to predict potential new value network roles and structures.
What's included
5 videos1 assignment2 peer reviews
5 videos•Total 22 minutes
- Introduction to value networks•4 minutes
- Value networks - basics•4 minutes
- Value network disruption•5 minutes
- Relationship technology - need•5 minutes
- Value network prediction•3 minutes
1 assignment•Total 30 minutes
- Value networks•30 minutes
2 peer reviews•Total 120 minutes
- An emerging value network•60 minutes
- Illustrating an existing value network•60 minutes
Roles within value networks are further studied in this module. The role, its relationships and dependencies are analyzed. You will learn how to assess, chose and develop a, for you, interesting value network role.
What's included
5 videos1 assignment4 peer reviews
5 videos•Total 25 minutes
- Introduction to Business roles and ideas•5 minutes
- Strength of a role•5 minutes
- Partnerships•7 minutes
- Stakeholder analysis•6 minutes
- Matching business role and idea•3 minutes
1 assignment•Total 30 minutes
- Business roles and ideas•30 minutes
4 peer reviews•Total 240 minutes
- Porter's 5 forces•60 minutes
- Stakeholder analysis•60 minutes
- Role assessment•60 minutes
- Benchmarking roles•60 minutes
It's not enough to identify potential roles, we also need to know how to get from where we are today to a desired position. The impact of a technology depends on how it is implemented. This module gives you some basic insights regarding strategy and what to consider regarding its formulation and implementation.
What's included
4 videos1 assignment2 peer reviews
4 videos•Total 21 minutes
- Introduction to Strategy•3 minutes
- Strategy formulation•6 minutes
- Capabilities and actions•6 minutes
- Role development•5 minutes
1 assignment•Total 30 minutes
- Strategy•30 minutes
2 peer reviews•Total 120 minutes
- Strategy development•60 minutes
- Role development•60 minutes
We have come to the end of the course. This video and the exam are the final elements included.
What's included
1 video1 assignment
1 video•Total 3 minutes
- Finale•3 minutes
1 assignment•Total 30 minutes
- Final exam•30 minutes
Earn a career certificate
Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.
Instructor
Explore more from Entrepreneurship
- Status: Preview
Course
- Status: Free TrialU
University of California San Diego
Course
- Status: Free TrialU
University of California San Diego
Course
- Status: Preview
Course
Why people choose Coursera for their career
Learner reviews
- 5 stars
74.13%
- 4 stars
15.51%
- 3 stars
5.17%
- 2 stars
0.86%
- 1 star
4.31%
Showing 3 of 116
Reviewed on Mar 5, 2017
The peer graded assignments can be a drag to completion, otherwise an excellent course
Reviewed on Nov 23, 2018
Well structured course with good case studies and interesting and realistic assignments
Reviewed on Nov 17, 2017
You have to be prepared to do a lot of assignments to complete this course. Which is good in a way but the video lectures should have been more elaborate in my opinion.
Frequently asked questions
To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.
More questions
Financial aid available,
¹ Some assignments in this course are AI-graded. For these assignments, your data will be used in accordance with Coursera's Privacy Notice.