E/SEC 103, Winter 2025: Difference between revisions

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|Instructors=Richard Murray (CDS/BE), Stu Feldman, Eric Schmidt
|Instructors=Richard Murray (CDS/BE), Stu Feldman, Eric Schmidt
|Instructor office hours=Wed, 3-3:45 pm, Annenberg lounge
|Instructor office hours=Wed, 3-3:45 pm, Annenberg lounge
|TAs=TBD
|TAs=Madison Dunitz, Liz Hughes
|TA office hours=TBD
|TA office hours=Fri, 1-2:30 pm
}}
}}
This course is limited enrollment and auditors are not allowed.  All students interested in participating must fill out a pre-enrollment survey to be considered for the course.  Names for students selected for the course will be given to the Registrar to be enrolled as long as there are no time conflicts.  A wait list will be available in case any spaces open up.
<!--
This course is limited enrollment and auditors are not allowed.  All students interested in participating must fill out a pre-enrollment survey to be considered for the course.  Names for students selected for the course will be given to the Registrar to be enrolled as long as there are no time conflicts.  A waiting list will be available in case any spaces open up.


 
<font color='red' size='+1'>[[http:forms.gle/9UQMtB1MWb1gU8nw6|'''PRE-ENROLLEMENT SURVEY''']]</font> (required for registration)
<font color='red' size='+1'>[[http:forms.gle/9UQMtB1MWb1gU8nw6|'''PRE-ENROLLEMENT SURVEY''']]</font>
* Survey will be posted by 13 Nov (Wed)
* Surveys returned by 19 Nov (Tue) at 11:59 pm will be evaluated for pre-registration
* Surveys returned by 19 Nov (Tue) at 11:59 pm will be evaluated for pre-registration
* Surveys may be returned until 26 Nov Tue) at 11:59 pm for consideration if slots are available
* Surveys may be returned until 26 Nov (Tue) at 11:59 pm for consideration if slots are available
 
* Students who are placed on the waiting list will be notified by email
-->


=== Catalog Description ===
=== Catalog Description ===


This course is intended for students interested in learning how rapidly evolving technologies are harnessed to produce useful products or fertile new area for research. Students will work learn about how technology and innovation leaders identify and shape emerging technologies and how technology can be harnessed and scaled to create new products and services.  There will be a term project where students predict the future evolution of an exciting technology and explore the potential implications of that technology. The course is team-based and designed for students considering choosing an exciting research area, working in companies (any size, including start-ups), or eventually going to business school. Topics include technology as a growth agent, financial fundamentals, integration into other business processes, product development pipeline and portfolio management, learning curves, risk assessment, technology trend methodologies (scenarios, projections), motivation, rewards and recognition. Industries considered will include electronics (hardware and software), aerospace, medical, biotech, etc. Students will perform both primary and secondary research and present defensible projections based on their technology research.
This course is intended for students interested in learning how rapidly evolving technologies are harnessed to produce useful products or fertile new areas for research. Students will work learn about how technology and innovation leaders identify and shape emerging technologies and how technology can be harnessed and scaled to create new products and services.  There will be a term project where students predict the future evolution of an exciting technology and explore the potential implications of that technology. The course is team-based and designed for students considering choosing an exciting research area, working in companies (any size, including start-ups), or eventually going to business school. Topics include technology as a growth agent, financial fundamentals, integration into other business processes, product development pipeline and portfolio management, learning curves, risk assessment, technology trend methodologies (scenarios, projections), motivation, rewards and recognition. Industries considered will include electronics (hardware and software), aerospace, medical, biotech, etc. Students will perform both primary and secondary research and present defensible projections based on their technology research.


=== Learning Objectives ===
=== Learning Objectives ===
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|- valign=top
|- valign=top
| rowspan=2 | W1
| rowspan=3 | W1
| 6 Jan (Mon)
| 6 Jan (Mon)
| Class organization and logistics
| Class organization, project frameworks
<!-- * {{E/SEC 103 pdf|wi2024|caltech/L1-1_intro-03Jan2024.pdf|Wed lecture slides}} (Caltech only) -->
* {{E/SEC 103 pdf|wi2025|caltech/L1-1_intro-06Jan2025.pdf|Mon lecture slides}} (Caltech only)
| RM
| RM, ST
|- valign=top
|- valign=top
| 8 Jan (Wed)
| 8 Jan (Wed)
| Project brainstorming session
| <s>ES talk, veteran presentation</s> [Class cancelled]
| ES, SF, RM, ST
|- valign=top
| 10 Jan (Fri)
| Project pitch workshop (1-2:30 pm, 213 ANB)
| TAs
| TAs


Line 51: Line 55:
| rowspan=2 | W2
| rowspan=2 | W2
| 13 Jan (Mon)
| 13 Jan (Mon)
| ES talk + project pitches
| Project pitches + What is Technology ([[http:link.springer.com/book/10.1007/978-3-030-88346-1|De Weck]], Ch 1)
<!-- * {{E/SEC 103 pdf|wi2024|caltech/schmidt_scaling-feb2023.pdf|Scaling Laws paper}} (Caltech only) -->
* Pitches: 1 slide, 2 min each (+ 2-3 min Q&A)
* Project pitches: 1 slide, 2 min each (+ 2-3 min Q&A)
* {{E/SEC 103 pdf|wi2025|caltech/L2-1_technology-13Jan2025.pdf|Mon lecture slides}} (Caltech only)
| SF, RM, ES
| MK, ST, RM


|- valign=top
|- valign=top
| 15 Jan (Wed)
| 15 Jan (Wed)
| Quantifying Technological Progress ([[#de_weck|De Weck]], Ch 4)
| ES talk, veteran presentation [Rescheduled]
<!-- * {{E/SEC 103 pdf|wi2024|caltech/L2-2_metrics-10Jan2024.pdf|Wed lecture slides}} (Caltech only) -->
* [[http:www.theatlantic.com/ideas/archive/2024/11/ai-genesis-excerpt-kissinger-schmidt-mundie/680619/|Genesis: Artificial Intelligence, Hope, and the Human Spirit]] (excerpt)
| RM
* {{E/SEC 103 pdf|wi2025|caltech/L2-2_projects-15Jan2025.pdf|Wed lecture slides}}
| ES, ST


|- valign=top
|- valign=top
Line 70: Line 75:
|- valign=top
|- valign=top
| 22 Jan (Wed)
| 22 Jan (Wed)
| Definite/indefinite thinking and optimism/pessimism ([[#thiel|Thiel]], Ch 6)
| Quantifying Technological Progress ([[#de_weck|De Weck]], Ch 4); Scaling Laws (ES notes), Zero to One [[#thiel|Thiel]], Ch 1-6 [skim]
<!-- * {{E/SEC 103 pdf|wi2024|caltech/L3-1_definite_optimism-17Jan2024.pdf|Wed lecture slides}} (Caltech only) -->
* {{E/SEC 103 pdf|wi2025|caltech/schmidt_scaling-feb2023.pdf|Scaling Laws paper}} (Caltech only)
| ST
* {{E/SEC 103 pdf|wi2025|caltech/L3-2_metrics-22Jan2025.pdf|Wed lecture slides}} (Caltech only)
<!-- Technological Diffusion and Disruption ([[#de_weck|De Weck]], Ch 7; [[#thiel|Thiel]], Ch 1-6) -->
| RM


|- valign=top
|- valign=top
| rowspan=2 | W4
| rowspan=2 | W4
| 27 Jan (Mon)
| 27 Jan (Mon)
| Best practices for carrying out interviews ([[#fitzpatrick|Fitzpatrick]], Ch 3 and 8)
| Best practices for carrying out interviews ([[#fitzpatrick|Fitzpatrick]], Ch 3 and 8); Market Analysis ([[#de_weck|De Weck]], Ch 7))
<!-- * {{E/SEC 103 pdf|wi2024|caltech/L4-1_interviewing-22Jan2024.pdf|Mon lecture slides}} (Caltech only) -->
* {{E/SEC 103 pdf|wi2025|caltech//L4-1_interviews-27Jan2025.pdf|Mon lecture slides}} (Caltech only)
| MK
| MD


|- valign=top
|- valign=top
| 29 Jan (Wed)
| 29 Jan (Wed)
| [[http:en.wikipedia.org/wiki/Fermi_problem|Fermi Problems]]
| [[http:en.wikipedia.org/wiki/Fermi_problem|Fermi Problems]]; project updates
<!-- * {{E/SEC 103 pdf|wi2024|caltech/L4-2_fermi_problems-24Jan2024.pdf|Wed lecture slides}} (Caltech only) -->
* {{E/SEC 103 pdf|wi2025|caltech/L4-2_fermi-29Jan2025.pdf|Wed lecture slides}} (Caltech only)
| SF
| SF


|- valign=top
|- valign=top
| rowspan=2 | W5
| rowspan=3 | W5
| 3 Feb (Mon)
| 3 Feb (Mon)
| Patents and Intellectual Property ([[#de_weck|De Weck]], Ch 5)
| Techno-Economic Analysis; Systems Modeling and Technology Sensitivity Analysis ([[#de_weck|De Weck]], Ch 11)
<!-- * {{E/SEC 103 pdf|wi2024|caltech/L5-1_ip-29Jan2024.pdf|Mon lecture slides}} (Caltech only) -->
* Department of Energy Videos (or PDFs)
| RM
** [https://www.energy.gov/eere/iedo/life-cycle-assessment-and-techno-economic-analysis-training#TEA Introduction to Techno-Economic Analysis (TEA)]
** [https://www.energy.gov/eere/iedo/life-cycle-assessment-and-techno-economic-analysis-training#emc Estimating Manufacturing Costs for Pre-Commercial Technologies]
** Optional: [https://www.energy.gov/eere/iedo/life-cycle-assessment-and-techno-economic-analysis-training#functionalunit Defining Functional Units for Life Cycle Analysis (LCA) and TEA]
** Optional: [https://www.energy.gov/eere/iedo/life-cycle-assessment-and-techno-economic-analysis-training#techbenchmarking Technology Benchmarking for Comparative LCA and TEA]
* {{E/SEC 103 pdf|wi2025|caltech/L5-1_sensitivity_TEA-03Feb2025.pdf|Mon lecture slides}} (Caltech only)
| LH


|- valign=top
|- valign=top
| 5 Feb (Wed)
| 5 Feb (Wed)
| 2023 midterm/final presentation example
| Patents and Intellectual Property ([[#de_weck|De Weck]], Ch 5)
* {{E/SEC 103 pdf|wi2025|caltech/L5-2_ip-05Feb2025.pdf|Wed lecture slides}} (Caltech only)
| RM
| RM
 
|- valign=top
| 7 Feb (Fri)
| Practice presentations (15 min + feedback; times TBD)
| TAs
|- valign=top
|- valign=top
| rowspan=2 | W6
| rowspan=2 | W6
| 10 Feb (Mon)
| 10 Feb (Mon)
| Midterm presentations (1:30-3:45 pm)
| Midterm presentations (1:30-3:30 pm)
| SF, RM, ES
| SF, RM, ES*


|- valign=top
|- valign=top
| 12 Feb (Wed)
| 12 Feb (Wed)
| Midterm feedback
| Regulations + Midterm feedback
<!-- * {{E/SEC 103 pdf|wi2024|caltech/L7-2_midterm_feedback-14Feb2024.pdf|Wed lecture slides}} (Caltech only) -->
* [https://regulatorystudies.columbian.gwu.edu/sites/g/files/zaxdzs4751/files/downloads/GW%20Reg%20Studies%20-%20Regulation%20A%20Primer%20-%20SDudley%20%26%20JBrito.pdf ''Regulation: A Primer''], Dudley and Brito, 2012.  Chapters 1-3, 7 (skim).
* {{E/SEC 103 pdf|wi2025|caltech/L6-2_regulations-12Feb2025.pdf|Wed lecture slides}} (Caltech only)
<!-- * {{E/SEC 103 pdf|wi2025|caltech/L6-2_midterm_feedback-12Feb2025_r.pdf|Wed lecture slides}} (Caltech only) -->
| RM
| RM


Line 119: Line 137:
|- valign=top
|- valign=top
| 19 Feb (Wed)
| 19 Feb (Wed)
| Systems Modeling and Technology Sensitivity Analysis ([[#de_weck|De Weck]], Ch 11)
| External speaker (BG)
<!-- * {{E/SEC 103 pdf|wi2024|caltech/L8-1_sensitivity-21Feb2024.pdf|Wed lecture slides}} (Caltech only) -->
<!-- * {{E/SEC 103 pdf|wi2024|caltech/L10-1_gross-04Mar2024.pdf|Mon lecture slides}} (Caltech only) -->
| RM
| RM


|- valign=top
|- valign=top
| rowspan=2 | W8
| rowspan=2 | W8
| 24 Feb (Mon)
| 24 Feb* (Mon)
| External speaker
| External speaker (YY, CF)
| AK
* {{E/SEC 103 pdf|wi2025|caltech/L8-1_yue_yisong-24Feb2025.pdf|YY slides}} (Caltech only)
| TAs


|- valign=top
|- valign=top
| 26 Feb (Wed)
| 26&nbsp;Feb*&nbsp;(Wed)
| Monopolies ([[#thiel|Thiel]] Ch 3 and Ch 5)
| No class
<!-- * {{E/SEC 103 pdf|wi2024|caltech/L6-2_monopolies-07Feb2024.pdf|Wed lecture slides}} (Caltech only) -->
|  
| ST


|- valign=top
|- valign=top
| rowspan=2 | W9
| rowspan=3 | W9
| 3 Mar (Mon)
| 3 Mar (Mon)
| Project presentations to instructors (for feedback)
| Project presentations to instructors (for feedback)
| SF, RM
| RM, ST


|- valign=top
|- valign=top
| 5 Mar (Wed)
| 5 Mar (Wed)
| No class
| External Speaker (JS)
|  
* {{E/SEC 103 pdf|wi2025|caltech/L9-2_final_info-05Mar2025.pdf|Wed lecture slides}} (Caltech only)
* {{E/SEC 103 pdf|wi2025|caltech/L9-2_schoenfeld_julie-05Mar2025.pdf|JS slides}} (Caltech only)
| RM


|- valign=top
|- valign=top
| rowspan=2 | W9
| 7 Mar (Fri)
| 10 Mar
| Practice presentations (15 min + feedback; times TBD)
| External Speaker
| TAs
<!-- * {{E/SEC 103 pdf|wi2024|caltech/L10-1_gross-04Mar2024.pdf|Mon lecture slides}} (Caltech only) -->
| BG


|- valign=top
|- valign=top
| 12 Mar (Wed)
| rowspan=2 | W10
| No class
| 10 Mar (Mon)
|  
| No class (optional meetings with TAs)
| TAs


|- valign=top
|- valign=top
| rowspan=2 | Finals
| 12 Mar (Wed)
| 17 Mar (Mon)
| Final presentations (1:30-3:30 pm)
| Final presentations
| SF, RM, ES
| SF, RM, ES


|- valign=top
|- valign=top
| 21 Mar (Fri)
| Finals
| 19&nbsp;Mar&nbsp;(Wed)
| Final report due
| Final report due
|  
|  

Latest revision as of 17:20, 6 March 2025

Management of Technology

Instructors

  • Richard Murray (CDS/BE), Stu Feldman, Eric Schmidt
  • Lectures: Mon/Wed, 1:30-2:55 pm
  • Office hours: Wed, 3-3:45 pm, Annenberg lounge

Teaching Assistants

  • Madison Dunitz, Liz Hughes
  • Office hours: Fri, 1-2:30 pm

This is the course homepage for E/SEC 103, Winter 2025.

Catalog Description

This course is intended for students interested in learning how rapidly evolving technologies are harnessed to produce useful products or fertile new areas for research. Students will work learn about how technology and innovation leaders identify and shape emerging technologies and how technology can be harnessed and scaled to create new products and services. There will be a term project where students predict the future evolution of an exciting technology and explore the potential implications of that technology. The course is team-based and designed for students considering choosing an exciting research area, working in companies (any size, including start-ups), or eventually going to business school. Topics include technology as a growth agent, financial fundamentals, integration into other business processes, product development pipeline and portfolio management, learning curves, risk assessment, technology trend methodologies (scenarios, projections), motivation, rewards and recognition. Industries considered will include electronics (hardware and software), aerospace, medical, biotech, etc. Students will perform both primary and secondary research and present defensible projections based on their technology research.

Learning Objectives

  • Teach students how to identify and analyze new technology areas/trends and explore the potential new applications of those technologies with potential for large impact
  • Provide students with access to technology leaders in different fields who can provide new insights, ideas on how to manage technology, and help build students’ networks
  • Identify new areas of research for potential investment by funding agencies and philanthropic organizations, with anticipated roadmap/path to impact

Lecture Schedule

Week Date Topic Lecturer(s)
W1 6 Jan (Mon) Class organization, project frameworks RM, ST
8 Jan (Wed) ES talk, veteran presentation [Class cancelled] ES, SF, RM, ST
10 Jan (Fri) Project pitch workshop (1-2:30 pm, 213 ANB) TAs
W2 13 Jan (Mon) Project pitches + What is Technology (De Weck, Ch 1) MK, ST, RM
15 Jan (Wed) ES talk, veteran presentation [Rescheduled] ES, ST
W3 20 Jan (Mon) No class (Martin Luther King Day)
22 Jan (Wed) Quantifying Technological Progress (De Weck, Ch 4); Scaling Laws (ES notes), Zero to One Thiel, Ch 1-6 [skim] RM
W4 27 Jan (Mon) Best practices for carrying out interviews (Fitzpatrick, Ch 3 and 8); Market Analysis (De Weck, Ch 7)) MD
29 Jan (Wed) Fermi Problems; project updates SF
W5 3 Feb (Mon) Techno-Economic Analysis; Systems Modeling and Technology Sensitivity Analysis (De Weck, Ch 11) LH
5 Feb (Wed) Patents and Intellectual Property (De Weck, Ch 5) RM
7 Feb (Fri) Practice presentations (15 min + feedback; times TBD) TAs
W6 10 Feb (Mon) Midterm presentations (1:30-3:30 pm) SF, RM, ES*
12 Feb (Wed) Regulations + Midterm feedback RM
W7 17 Feb (Mon) No class (Presidents Day)
19 Feb (Wed) External speaker (BG) RM
W8 24 Feb* (Mon) External speaker (YY, CF) TAs
26 Feb* (Wed) No class
W9 3 Mar (Mon) Project presentations to instructors (for feedback) RM, ST
5 Mar (Wed) External Speaker (JS) RM
7 Mar (Fri) Practice presentations (15 min + feedback; times TBD) TAs
W10 10 Mar (Mon) No class (optional meetings with TAs) TAs
12 Mar (Wed) Final presentations (1:30-3:30 pm) SF, RM, ES
Finals 19 Mar (Wed) Final report due

Grading

  • 20% - Class participation: Based on participation in class, online, and team discussions
  • 20% - Midterm presentation: Team-based score content + presentation; individual score based 1-page write up
  • 30% - Final presentation: Team-based score content + presentation
  • 30% - Final writeup: Team-based report + 2-page individual writeup on your contributions + summary of contributions from teammates

Collaboration Policy

This is a team-based class. Full collaboration is allowed and students are encouraged to discuss course materials, homework assignments, and projects with anyone that they choose. Course homework assignments are designed to be done as a group, but reports should reflect your individual understanding of the topic and/or your team's joint efforts, as appropriate.

Course Text and References

  1. [De Weck] Olivier L. De Weck, Technology Roadmapping and Development: A Quantitative Approach to the Management of Technology. 1st edition, Springer, 2022. Available via Springer Link (free Caltech download)
  2. [Fitzpatrick] Rob Fitzpatrick, The Mom Test: How to Talk to Customers and Learn if Your Business Is a Good Idea When Everyone Is Lying to You, https://www.momtestbook.com, 2013.
  3. [Thiel] Peter Thiel, Zero to One: Notes on Startups, or How to Build the Future. Crown Currency, 2014. Available from Apple, Amazon, and other sellers.
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