Cambridge’s New MPhil in Technology Policy

1. Cambridge’s New MPhil in Technology Policy Dr William J. Nuttall Course Director and Lecturer

2. The Philosophy Our Aims: Training for leadership and responsibility ·  Recognising complexity and uncertainty ·  Driving change by empowering stakeholder choice c.f. MIT’s maxims: • Creating 'leaders who are engineers' not 'engineering leaders' • Uncertainty is everywhere • There are no right answers.

3. A home for Technology & Policy Leaders of Business and Government Public Policy Business and Industry Organisations Management Business strategy Economics, law & finance Environmental factors Institutions Regulation & standards Policy & politics Innovation Policy Domains Cost Benefit Analysis, System Dynamics, Risk Assessment, Complexity and Dynamic Strategic Planning Methods Social Science Research Methodologies & Statistics

4. The Cambridge Year Traditionally • Three terms per year with teaching concentrated in ‘full term’: ‘Michaelmas’, ‘Lent’ and ‘Easter’. • Each full term lasts 8 weeks • Little formal teaching is done in Easter Term • Little or no modularity But, Engineering and JIMS are modularised • Standard module has two hours formal class contact per week. • CMI has recently adopted this standard for new masters courses – ‘the sixteen hours module’-

5. Architecture of the MPhil

6. The Integration Course TP1-TP4 Michaelmas 2002 • TP1-Introduction to Technology & Policy Science and Technology Public Policy (8 lectures) Programme introduction Technology and the Constitution: Britain, EU & USA Ethics; the Law; Innovation Policy; Futures Economics for Technology Leaders (8 lectures) Microeconomics, Cost Benefit Analysis, Public Goods, Markets, Game Theory etc.

7. Michaelmas 2002 • TP2 – Seminars in Technology Policy – Case Based Learning Rapid fire, mini cases one each week for seven weeks. Including: UK Nuclear Wastes; Challenger; BSE; Electricity Deregulation; UK Rail; and UK IT. The course to end with Harvard Law’s ‘HarborCo’ game.

8. Lent 2002 • TP3 – Managing Uncertainty – Key Methods in Technology and Policy Provides core competency in: Handling Uncertainty and Complexity; Systems Dynamics; Risk and Hazard Assessment; Regulation and Technology Approval. Easter 2002 • TP4 – Leadership, Negotiation and Consensus – • Skills to Deliver Change in Technology-Based Organisations • Under construction

9. The ‘Expected’ Courses • Distribution Networks, Mike Pollitt and Frank Field • Risk Management and Real Options, Stefan Scholtes and Richard de Neufville • Political Economy of Technology Policy, to be determined. All three courses ran very successfully in 2001/2002. The courses were offered to MPhil students from JIMS and Final Year MEng students from CUED

10. Management of Technology and Innovation A two week intensive course comprising approximately 48 hours of class contact time. Funded by CMI this course address strategy, marketing, organisations, institutional frameworks and financing innovation. Elective Modules • Subject to the approval of the Course Director these are to be drawn freely from a menu of options. • The draft menu has: • 13 modules from CU Engineering Department • 5 modules from other CMI MPhils • 9 modules from the Judge Institute of Management • and • 4 modules developed jointly by JIMS and IfM

11. Electives in Detail From Engineering Divisions A, B, C, D and F (Trumpington Street) Advanced Telecommunications Networks - Dr Tim Wilkinson - tdw@eng) Ground Engineering- Prof Robert Mair (rjm50@eng) – note pre-req. Dynamics in Civil Engineering- Mr Allan McRobie - fam@eng) – note pre-req. Coastal and Off-Shore Engineering- Dr John Sleath - jfas@eng) Contaminated Land & Waste Containment- Dr Kenichi Soga - ks@eng) Engineering for Sustainable Development- Prof Charles Ainger - cma30@eng) Nuclear power engineering – Dr G T Parks – note pre-req Nanotechnology – Dr C Durkan – note pre-req Design Methods – Dr P J Clarkson Design Case Studies – Dr K Shea – note pre-req of 4C4 Building Physics – Dr C T Morley Design and Management of Manufacturing Systems – Dr J Allwood Control System Design – Dr M C Smith – note pre-req

12. From Engineering Division E, Manufacturing and Management in collaboration with Judge Institute of Management Operations Research Dr Danny Ralph International Business EconomicsDr Christos Pitelis Accounting and FinanceDr Robin Chaterjee Enterprise and Business DevelopmentDr Elizabeth Garnsey It is noteworthy that many elective modules provided by Division E are already oversubscribed. It is hoped that Technology Policy MPhil students will enter any ballot with the same status as any other applicant to the course. Modules to be developed for the new MPhil in Environmental Engineering and Sustainable Development Sustainable Development Engineering Responses (Peter Guthrie) ?,? Sustainable Development approaches to water resource management and engineering (Dick Fenner?) Change Management: introducing sustainability thinking into organizations (Charles Ainger)

13. Modules to bedeveloped for the new MPhil in Bioscience Enterprise Science and Industry (Steve Casper) Building a Biomedical Enterprise (Steve Casper)- Sci. and Ind. course is a co-req Judge Institute of Management MPhil Modules: Environment and Sustainability (Chris Hope) Principles of Finance (Alex Taylor) Topics in Marketing and Strategy (Jaideep Prabhu) Organisations (Hugh Willmott) Macroeconomics (Michael Kitson) Globalisation (Peter Nolan) Financial reporting and capital markets (Richard Barker) Microeconomic Foundations of Industrial Organisations (Mike Pollitt) The Institutions of the Modern Corporation (Simon Deakin)

14. Dissertation • A dissertation is a formal requirement of the MPhil • It may build upon an industrial or public policy placement during the five week Easter Vacation. • All students are expected to work in support of their dissertations during the Easter break • The dissertation may be no more than 10,000 words. • Discussions are underway to ensure that some dissertations are supervised by faculty from Engineering, as appropriate.

15. Early Indicators As of 01 May 2002: • Approximately 240 expressions of interest received • Approximately 31 formal applications received • 10 offers of admission made • 1 nomination made for a CMI Bursary The deadline for applications is 15 May 2002 • It is planned to make 25 offers of admission expecting 15 students to be admitted in October.