Course Objective

Academic & research skills: In this course students learn to critically
evaluate
innovation management concepts from academic literature and popular
management press.

Bridging theory and practice: In this course, students gain theoretical
understanding
concerning:
- innovation types and the external innovation environment including
innovation trajectories, standards, platforms, and ecosystems
- the development of innovation strategies and their operationalization
in project selection, collaboration, and protection
- the product development process and organizational conditions for
innovation
The course offers insight in the strategic
importance of technological innovation for firms and society, recent
developments in technology and innovation, and helps to develop skills
to analyze real life cases.

Course Content

This course focuses on the strategic management of technology and
innovation. Innovation refers to the development and implementation of
new products, services, processes and business models and many of those
innovations are enabled by technological developments. Innovation is
crucial for business organizations to stay competitive in ever changing
markets. In this course, students learn to understand and apply basic
theories behind the processes of technology-based innovation within
organizations and their environments, the development of innovation
strategies, and the organizational implementation of innovation
strategies. Theoretical understanding is applied in a simulation game
and real life cases focusing on managerial dilemmas in the management of
innovation.

Teaching Methods

Lectures
Tutorials

Method of Assessment

Individual assignment
Group assignments
Written exam

Literature

- Schilling, M. (2019). Strategic management of technological innovation
(6th ed). Boston: McGraw-Hill.
- Selection of academic articles (listed in course manual)
- Lectures, tutorials, and lecture slides