This course gives an introduction into the field of innovation management, combining academic theory with real world best practices. Leading questions are: What is innovation management? Why management of innovation? How do innovation processes work? Starting from featuring established theories and models of innovation management we will proceed with discussing current trends such as open and user centric innovation, innovation systems, and entrepreneurship versus valorization. Important topics are the distinction between invention and innovation, the organization of change associated with innovation, and organizational structures for innovation in firms and in collaboration of several firms in clusters and innovation systems. The class will blend academic insights with practical exercises and life cases.
By the end of the course, the student should be able to:
1. describe and explain the key concepts of (managing) innovation from historical, theoretical and practical perspective
2. describe and explain policy and governance aspects of managing innovation
3. appreciate the role of creative and rational innovation techniques by hands-on exercises
4. recognize human / cultural aspects in the innovation process and management approaches
5. recognize and apply leading edge innovation business practices
6. identify opportunities for pursuing entreneurship or knowledge valorization
The use of case studies, illustrations from current business events, and interactive setting will create awareness of how leading international businesses are confronting and resolving the issues related to innovation management.
The schedule can be found on the LIACS website
Detailed table of contents can be found in blackboard.
Mode of instruction
6 lectures (3 hours per lecture).
Lectures will provide a short introduction followed by (prepared) case presentations and class discussion. Active participation in the class discussion is required to attain the learning goals and will be taken into account for the final grade.
The requirements for the course and the contribution of each towards the final grade are as follows:
1) Class Participation (10%)
Attendance and active participation in class is essential for completion of this course.
2) Team assignments and home work (25%)
Team assignments will be partly in class as well as in between lectures
3 Final paper (65%)
The final paper is to be written solo. Details will be provided in class
All assigned readings are to be done BEFORE the indicated classes and will be available in Blackboard.
Blackboard access is essential as of the first lecture.
Part of the material to be discussed will be based on the book of Joe Tidd, John Bessant, Managing Innovation: Integrating Technological, Market and Organizational Change, 4th Edition, ISBN: 978EUDTE00010. There is no requirement to purchase the book.
Signing up for classes and exams
You have to sign up for classes and examinations (including resits) in uSis. Check this link for more information and activity codes.
There is a limited capacity for students from outside the master ICT in Business. Please contact the Programme Co-ordinator.
Programme Co-ordinator ms. Judith Havelaar LL.M