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 which are driven by technology. The 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 get to 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. The largest assignment is about the introduction of self-driving cars (hence the course icon; source and credit to Google). 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.
This course is part of the Value Creation Through Innovation Specialization
The Impact of Technology
Offered By
Syllabus - What you will learn from this course
Welcome to The Impact of Technology
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.
Theory and models - practical use
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.
Technology delta and barriers
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.
Foresight
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.
Value networks
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.
Top reviews from The Impact of Technology
Excellent format and path from the beginning to the end. Martin Vendel provides a great learning experience based on real-life examples and forces you to put your knowledge into a bigger perspective.
The Impact of Technology assisted me to explore innovation opportunities in FINTECH, farming and healthcare.\n\nThank you EIT Digital
Instructor
Martin Vendel
DrAbout EIT Digital
About the Value Creation Through Innovation Specialization
Frequently Asked Questions
When will I have access to the lectures and assignments?
Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.
What will I get if I subscribe to this Specialization?
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. If you only want to read and view the course content, you can audit the course for free.
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Is financial aid available?
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