Syllabus 2009/2010 INN010

Syllabus academic year 2009/2010
(Created 2009-08-11.)

TOOLS FOR INNOVATION MANAGEMENT

INN010

Higher education credits: 7,5. Grading scale: TH. Level: G2 (First level). Language of instruction: The course will be given in English. Optional for: I4. Course coordinator: Examinor: Tomas Hellström, Professor, Tomas.Hellstrom@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 offer an overview of available tools for supporting technology development and its related organizational structures. Focus will be placed on the application of tools in use today in the field of technology management as well as other functions of management of technology, for example in the public sector.

Knowledge and understanding
For a passing grade the student must

have a comprehension of and be able to discuss the most important tools for innovation management in high-tech firms

Skills and abilities
For a passing grade the student must

be able to apply a selected number of tools introduced in the course
be able to scan technological solutions and identify those options that fit best with regard to the firm's competences and resources

Contents
Innovation is becoming a very complex phenomenon in todays 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