This course examines the interaction between the development of innovative capabilities (i.e. technology sourcing, corporate innovation, corporate entrepreneurship, and internal corporate venturing) and the enactment of technology strategy (i.e. new product development, learning cycles, design-build-test cycles), particularly from the manager's perspective. Integrates the roles of innovation strategy and technology strategy into a strategic management perspective. The subject is organised around five (5) major themes: 1) integrating technology and strategy; 2) design and evolution of technology strategy; 3) developing the firm's innovative capacities; 4) creating and implementing a development strategy; and 5) innovation challenges in established firms.