Syllabus academic year 2008/2009
(Created 2008-07-17.)
TOOLS FOR INNOVATION MANAGEMENTINN010

Higher education credits: 7,5. Grading scale: TH. Level: G2 (First level). Language of instruction: The course will be given in English. Optional for: I3. Course coordinator: Lars Coenen, Lars.Coenen@circle.lu.se, CIRCLE. Prerequisites: 90 university credits. Recommended prerequisits: INN 001 Introduction to Innovation Management. The course might be cancelled if the numer of applicants is less than 15. Assessment: The assessment is based on presentation and discussion of cases (30%), participation in seminars (20%) and a home-exam (50%). Home page: http://www.circle.lu.se.

Aim
The course will provide students with a broad vision of tools available to detect technological opportunities in the environment and manage the process of turning a new idea into a new product. It will also give comprehensive knowledge on how to use some specific tools such as technology forecasting, technology and innovation audit, lead user, patent analysis or communities of practice.

Knowledge and understanding
For a passing grade the student must

Skills and abilities
For a passing grade the student must

Contents
Innovation is becoming a very complex phenomenon in today’s world. As global competition increases and product development cycles shorten, firms especially in high-tech sectors need to keep their technological leadership over time if they want to survive.

As the course on Introduction to Innovation Management shows, sustainable innovation is only possible when the firm has a series of routines to scan the environment in search of technological opportunities, select those opportunities that are related to their technological competences, obtain the resources to turn those opportunities into new products, market them and learn from the past.

The course will provide the students with practical knowledge on how to use different tools for scanning, focusing, resourcing, implementing and learning inside the firm. After an introduction to the most significant tools available for innovation management, the course will be devoted to a number of tools: portfolio management, technology forecasting, patent analysis, lead user and innovation/technology audits.

The course will be very practical. Students are expected to work in groups with the different tools. A number of lectures will be given.

Literature
Tidd, J.; Bessant, J.; Pavitt, K. Managing Innovation: Integrating Technological, Market and Organizational Change, Hoboken: Wiley, 2005
Course compendium with additional literature