Innovation management in business (5 cr)

Objective

You learn how to manage new services and product development processes and how to commercialize them.
You are able to identify and apply soft skills behind innovation management.
You learn how to manage collaborative innovation networks (i.e. crowdfunding, crowdsourcing).
You are able to manage complex internal and external innovation processes in firms.

Content

How to manage new service and product development processes and how to commercialize them?
What are the soft skills behind innovation management?
How to manage collaborative innovation networks (i.e. crowdfunding, crowdsourcing)?
How to manage complex internal and external innovation processes in firms?

Course material

• Text Book: Paul Trott, Innovation Management of New Product Development.

• TIDD, Joe & BESSANT, John (2015), Managing innovation (5th edition). Wiley: Chichester, United Kingdom. ISBN: 978-1-118-36063-7

• Course will also be supported by current reports on innovation management and lecture materials

Study forms and methods

Contact session, individual and group tasks

RDI and work-related cooperation

• Case study
• Classroom discussion of case and other materials

Timing of exams and assignments

• Individual assignment
• Case study analysis (1 & 2)
• Project work

Student workload

• 1 ect = 27hrs and 5 ect the total will be (27x5 = 135 hours)
• The total hours for the course is 135 hour; and that includes, classroom lectures, case analysis, in-class discussion, assignments and final presentations

Course part description

• Our approach to innovation management matters would come from the business and managerial standpoint

• We will explore the management of innovation from a strategic perspective, which are important in today’s innovation approach by many companies

• The course will introduce innovation in the context of relationship between processes and management of innovation in the firms

Further information

To achieve the goals of this course, the course is divided into three but comprehensive sessions. First will introduce you to the concepts and principles of innovation management in business; second will explore innovation alongside of technology, idea generation and leadership in R&D and management of inter-firm relationship; session three will inaugurate exploitation, execution and leadership roles in innovation management.

Evaluation scale

1-5

Assessment methods and criteria

• Participation and attendance 10%
• Case study & presentation 30%
• Final assignment and presentation 60%