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INTRODUCTION TO INNOVATION MANAGEMENT

INTRODUCTION TO INNOVATION MANAGEMENT 36
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OliverFinch,France,Teacher
Published Date:15-07-2017
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INTRODUCTION TO INNOVATION MANAGEMENT (INN001, 5 p.) INTRODUCTORY LECTUREToday’s contents • Course outline • The role of innovation in the modern economy • What is innovation (definitions, typologies of innovation) • What is innovation management? • Models of the innovative processPEOPLE • Teachers: – Per Högselius (responsible for the course; 046-2227848; per.hogseliuscircle.lu.se) – Fabrice Coulon (046-2220298; fabrice.couloninnovation.lth.se) • Course secretary: – Kristina Miolin (046-2228510; kristina.miolinmkon.lth.se) LOCATIONS The Division of Innovation is located in the Design House (IKDC, Sölvegatan 26), where also most teaching will take place. Some teaching takes place in the M- house: – Mondays 13-15: IKDC room 310 – Tuesdays 13-17: M-house room B – Thursdays 13-15: IKDC room 567 – Fridays 10-12: IKDC room 243COURSE AIMS... (1) to provide students with fundamental knowledge of the phenomenon of innovation and innovation processes in capitalist economies from the perspective of firms and industries; (2) to enable students to use basic theoretical tools that help analyse and manage real-world processes of innovation; (3) to enhance students’ appreciation of the importance of understanding innovation-related issues for the development of businesses, industries, countries and citizens.WEEKLY THEMES • Overview of the study field, with basic definitions, concepts and typologies • Strategy analysis for innovation in firms • Resource mobilisation and strategy implementation • Industrial evolution and the dynamics of technology-intensive sectors • The external dimension: markets, networks, institutions, systemsFIRST FIVE WEEKS • Mondays: Introductory lecture • Tuesdays: Follow-up tutorial • Thursdays/Fridays: intensive seminar – The seminar is strongly compulsory – Active participation expected – Assignments to be handed in before the seminar – Seminar may include presentations etc.LAST TWO WEEKS • Sixth week: – Reserved for writing the home exam, which is the main form of examination. – In principle no teaching, but there will be an extra voluntary tutorial Tuesday 13-17 • Seventh and last week: – Takes up the final essay (which is a part of the home exam) for discussion among the students in smaller groups (5-6 people)EXAMINATION • Students’ progress and learning is assessed not only at the end of the course but throughout the entire course. Different forms of examination are used to gauge students’ progress: • Weekly written assignments in preparation for seminars • Formal presentations at seminars • Home exam, including final discussion seminar • Of the three examination forms above, the main examination form is the home exam. ’Home exam’ • The first part of the home exam takes the form of a number of short questions relating to the course literature. These questions will be handed out on Thursday/Friday in fifth course week (29-30 September) • The second part of the home exam takes the form of a more open essay: students are asked to select a specific firm (or other organization) of their own choice and gather information about this particular firm with respect to its innovation activities. The essay should then relate the firm and its innovation activities to a number of more specific issues that have been taken up in the course literature and in teaching. Questions for the second part of the home exam • What types of innovation does the firm (not) concentrate on? • Does it seem to be successful in its innovative activities? Why (not)? • To which technological trajectory does the firm belong? • How would you characterise the firm’s innovation strategy? • What parts of the firm seem most important for innovation to be successful in the firm? • Does the firm use external collaboration to enhance its innovations? If so, what types of collaboration, and why exactly those forms? And what types of partners? • What type of competition is threatening the survival of the firm on the short and the long term? • Does the firm use corporate ventures, and if so, of what type are they? • In what stage of development is the industry in which the firm is active? • What type of market (international?, local?, mass market?, niche market?) is at focus? • Are there any institutional regulations or other political developments that are particularly important influencing the innovation activities of the firm? And how does the firm itself try to influence political developments? What is expected from you? Given the short time available for the essay, it is not expected that all the above questions can actually be answered in detail. However, it is important that the essay relates itself to at least some of the above issues. Please specify which issues you are trying to address. It may be that the student finds one or a few of the above issues particularly interesting, and the essay may then focus more in depth upon these selected aspects. Students may thus choose between width and depth. Course literature • The course literature may be borrowed (or purchased) from the Division of Innovation. It consists primarily of the following two books: • Tidd, J., Bessant, J. & Pavitt, K. (2005), Managing Innovation: Integrating Technological, Market and Organizational Change, Hoboken: Wiley (3rd edition) PRICE 450 SEK • Utterback, J. (1994), Mastering the Dynamics of Innovation. Harvard Business School Press. PRICE 150 SEKReading suggestions: • Week 1: Tidd et al., chapters. 1-2 • Week 2: Tidd et al., chapters. 3-6 • Week 3: Tidd et al., chapters. 9-12 • Week 4: Utterback (entire book) • Week 5: Tidd chapters 7-8Schedule Dates Teacher Monday Tuesday Wedn Thursday Friday IKDC 310 Room M:B IKDC 567 IKDC 243 Week 1 (29/8-2/9) PH Introductory lecture 13- Seminar group 1 13-15 Seminar group 2 10-12 17 Week 2 FC/PH Lecture 13-15 Follow-up tutorial 13-17 Seminar group 1 Seminar group 2 (5-9/9) 13-15 10-12 Week 3 (12-16/9) FC Lecture 13-15 Follow-up tutorial 13-17 Seminar group 1 Seminar group 2 13-15 10-12 Week 4 (19-23/9) FC Lecture 13-15 Follow-up tutorial 13-17 Seminar group 1 Seminar group 2 13-15 10-12 Week 5 (26-30/9) FC Lecture 13-15 Follow-up tutorial 13-17 Seminar group 1 Seminar group 2 13-15 10-12 Week 6 PH Extra tutorial (3-7/10) 13-17 Week 7 (10-14/10) PH/FC Final seminar Final seminar group B Final seminar group D 13-15 Final seminar group E group A 13-15 13-15; 10-12 Final seminar group C 15-17Today’s contents • Course outline • The role of innovation in the modern economy • What is innovation (definitions, typologies of innovation) • What is innovation management? • Models of the innovative processWE LIVE IN AN ERA OF INCREDIBLE CHANGES... “Constant revolutionizing of production, uninterrupted disturbance of all social conditions, everlasting uncertainty… All old-established national industries have been destroyed or are daily being destroyed. They are dislodged by new industries, whose products are consumed not only at home, but in every quarter of the globe. In place of old wants satisfied by the production of the country, we find new wants… The intellectual creativity of individual nations become common property...”So – is there really anything which fundamentally distinguishes the 21st century from the 19th century with respect to scientific and technological developments??