Syllabus academic year 2011/2012
(Created 2011-09-01.)
INNOVATION MANAGEMENTINNN01
Credits: 7,5. Grading scale: TH. Cycle: A (Second Cycle). Main field: Technology. Language of instruction: The course will be given in English. INNN01 overlaps following cours/es: INN001 and INN010. Optional for: F4, I4ai, I4, M4. Course coordinator: Jon Mikel Zabala, Jon_Mikel.Zabala@circle.lu.se, CIRCLE. Prerequisites: MIO012/MIOA01 Managerial Economics and MIO022 Strategic management. Assessment: Assessment takes place through a written exam (70% of the final grade) and group exercises (30% of the final grade). Participation in group exercises is mandatory. If a student cannot attend a group exercise, a supplementary assignment may be required. Parts: 2. Parts: 2. Home page: http://www.circle.lu.se.

Aim
The course Innovation Management aims (1) to provide students with fundamental knowledge of the phenomenon of innovation and innovation processes from the perspective of firms and organizations, and (2) to enable students to use basic theoretical and practical tools to understand and handle real-world innovation processes; technology development and innovation strategy, such as strategies for product development (goods and services).

It 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.

Knowledge and understanding
For a passing grade the student must

Skills and abilities
For a passing grade the student must

Judgement and approach
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 life and development cycles are shortened, firms need to keep their technological leadership over time if they want to survive.

Companies face challenges as they seek to manage innovation and translate technological, market related, economic, institutional or organizational opportunities into competitive advantage. In order to face such challenges the firm needs a solid understanding of the dynamic character of the innovation process and competence to analyze which resources the company needs, and how to mobilize those resources.

Sustainable innovation is only possible when the firm has a series of internal and external 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. For this, the firms - and the engineers working in the R&D labs - need tools.

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/innovation audits, technology outlook, creativity and knowledge management among others.

The course will be very practical and students are expected to work in groups with the different tools.

Literature
Westland, J. C. Global Innovation Management. Palgrave Macmillan. 2008. 978-0-230-52491-0
Articles

Parts

Code: 0112. Name: Written Examination.
Higher education credits: 5. Grading scale: TH. Assessment: 5: awarded if you have clearly met all the objective, displaying deep knowledge of the base content, original and creative thinking, perhaps going beyond the established practice; 4: awarded when all objectives have been met very well and effectively; 3: awarded when the objectives have been addressed satisfactorily, or where the evidence is strong for some objectives, weaker but acceptable in others. Further information: A re-examination possibility will only be offered to students that have not received a passing grade.

Code: 0212. Name: Group Exercises.
Higher education credits: 2,5. Grading scale: TH. Assessment: 5: awarded if you have clearly met all the objective, displaying deep knowledge of the base content, original and creative thinking, perhaps going beyond the established practice; 4: awarded when all objectives have been met very well and effectively; 3: awarded when the objectives have been addressed satisfactorily, or where the evidence is strong for some objectives, weaker but acceptable in others. Further information: A re-examination possibility will only be offered to students that have not received a passing grade.