Master
2018/2019
Strategies in STI Management
Type:
Compulsory course (Governance of Science, Technology and Innovation)
Area of studies:
Management
Delivered by:
Department of Educational Programmes
When:
1 year, 1, 2 module
Mode of studies:
offline
Instructors:
Igor Agamirzian,
Veronika Belousova,
Alexey Bereznoy,
Marina Guryeva,
Dirk Meissner,
Alexey K. Ponomarev,
Nicholas Vonortas
Master’s programme:
Governance of Science, Technology and Innovation
Language:
English
ECTS credits:
9
Contact hours:
96
Course Syllabus
Abstract
The course brings together the basics of innovation management and the most important current challenges in innovation management namely open innovation, creativity, design and entrepreneurship and service innovation in the light of innovation strategies. The course provides a solid foundation of theoretical and practical innovation management strategies’ knowledge and emphasizes the entrepreneurial process as a way of building innovation skills in a company’s new business development and portfolio renewal context as well as start-up creation and the respective implications for the development and implementation of innovation strategies and corporate management. The course extends the pure innovation management focus towards management of STI from company perspective. The course introduces the organization, the strategies, resources and the overall management of the entire process of STI generation in the strategic dimension. The course reflects not only company internal processes but rather aims at teaching the complex interactions and interfaces of the process with the surrounding actors. Finally, internal and external incentive schemes, idea pipeline management (inbound increase) and exploitation strategies (outbound increase) and strategy alignment across business units are discussed.
Learning Objectives
- Governance in the field of Science, Technology and Innovation
- Innovation strategies of companies
- Developing corporate innovation strategy
Expected Learning Outcomes
- Ability to analyze innovation strategies
- Skills for developing organizational STI models
- An understanding of innovation climate determinants
- Developing innovation portfolios
- Ability to design innovation processes
Course Contents
- Introduction (subject overview) and definition of basic concepts and their interrelations
- Innovation process in companies
- Corporate innovation strategies
- R&D and innovation in multinational companies
- Open innovation
- Intellectual property management - introduction and application of IP in corporations
- R&D Project Assessment
- Metrics for innovation controlling
- R&D Portfolio Evaluation
- Assessing and Understanding Technological Competencies
- Time Value of Money
- Sources for financing innovation
- Organization of innovation management
- In-house R&D
- Outsourcing R&D
- Corporate innovation culture
- Business model innovation management
- Innovation project management – definition and project structure
- Technological Entrepreneurship
Bibliography
Recommended Core Bibliography
- Christensen, C. M. (2007). Innovator’s Dilemma. Bloomsbury Business Library - Management Library, 39. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=bsu&AN=26659582
- Stringer, R. (2000). How To Manage Radical Innovation. California Management Review, 42(4), 70–88. https://doi.org/10.2307/41166054
- Teck-Hua Ho, & Kay-Yut Chen. (2007). New Product Blockbusters: THE MAGIC AND SCIENCE OF PREDICTION MARKETS. California Management Review, 50(1), 144–158. https://doi.org/10.2307/41166420
Recommended Additional Bibliography
- SVIOKLA, J., & PAONI, A. J. (2005). Every Product’s a Platform. Harvard Business Review, 83(10), 17–18. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=bsu&AN=18500526