Strategic Management of Technology and Innovation

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 - knowledge:

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

In this course, students gain insight in:

• the strategic importance of technological innovation for firms and society,
• recent developments in technology and innovation

Bridging theory and practice - application
In this course, students 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