Transforming technology management education: Value creation-learning in the early twenty-first century

Management education is often criticized as irrelevant, out of touch, too "trade-school," too interested in training financial services professionals and consultants, and insufficiently focused on innovation, the major driver of the economy. Technology management (TM) education has always focused on practical and relevant issues and innovation has been a major theme. We believe however that rapid changes in the global environment of business demand changes in the underlying assumptions of TM. Starting with a brief overview of the field, this paper examines the major environmental changes that must be addressed by TM and the skills that future graduates will require.