Innovation and Technology Management 2600-MSz2ITMen
Lecture 1: Introduction to innovation and technology management (4h15’)
- Definitions; Importance of innovation and technology; Main types of innovation; Radical innovation and industrial revolutions)
- Innovation models: Evolution over time and current challenges (linear models, interactive models, networked models - National Innovation Systems, Regional Innovation Systems, Triple/Quadruple/Quintuple Helix models, transition models).
Lecture 2: Key innovation actors: The innovating firm and the Entrepreneurial University. Factors influencing their innovation and technology capacity (4h15’)
- The Innovating firm (part 1): Innovation and R&D (Evolution of industrial R&D, Main characteristics of the innovating firm; Top R&D innovators; Non-R&D innovators)
- The innovating firm (part 2): Firm size, Firm-specific competencies and capabilities; Absorptive capacity; Competitive advantage)
- The Entrepreneurial University: What is an Entrepreneurial University?; The three University missions; University-Industry links; Start-ups and spin-offs; Technology transfer and commercialization of academic research. Managing intellectual property rights (patenting and licensing)
Lecture 3: Key technology management concepts
- Technology life cycle, Technological paradigms, Technological trajectories, Technology adoption curve, Technological maturity – technology readiness levels TRLs)
- Innovation and technology policy issues: policy mixes, governance, indicators
Course coordinators
Type of course
Mode
Learning outcomes
Upon successful completion of this course, students will acquire a unique blend of specialist knowledge and awareness of the socio-economic and institutional contexts in which innovation and technology are developed and applied. Students will:
• Have a synthetic view of key concepts and actors in innovation and technology management
• Understand the the dynamics of innovation and technology development and the contributions of these fields to economic growth and competitiveness
• Become familiar with the dynamics of firm formation and growth, and the inner mechanisms of creating value in a corporate and academic environment
• Acquire the analytical skills to assess key factors influencing technology and innovation
• Be able to use specific indicators to understand the dynamics of innovation and technology
Assessment criteria
Written assignments on selected topics based on the class lectures and individual study performed by the student.
Grading criteria:
1. Completeness: The assignment provides a good coverage of the points suggested for analysis in the assignment brief and includes relevant aspects; correctly identifies limitations and addresses these points in a nuanced and well-articulated manner;
2. Use of information sources: The assignment uses of a wide range of information sources, including the class lectures and recommended readings, as well as academic and other literatures. It demonstrates good understanding and use of the literature in analyzing the assignment questions. Linkages between literature and assignment questions are clearly articulated and discussed;
3. Critical analysis: The assignment provides a critical discussion of the issues at play, good argumentation and pertinent conclusions;
4. Clarity, concision, correctness: The assignment provides clear, concise, well-structured answers, with no typographical or grammar errors;
5. Referencing: Correct and complete referencing in the text, reference list provided at the end of the assignment with full references.
6. Academic Honesty: Appropriate citation of the work of others is required. Plagiarism will not be tolerated. A failing grade will be assigned to any paper not offering proper citations. All work submitted to meet course requirements is expected to be the student's own work
The grading scheme that will be used for the assignments is indicated below.
Bibliography
Tidd, J. and Bessant, J. (2020), Managing Innovation: Integrating Technological, Market and Organizational Change, Wiley (7th edition).
Bessant, J. and J. Tidd (2015) Innovation and Entrepreneurship, Wiley (Third edition).
Dodgson, M. (2017), Innovation Management: A Research Overview, Routledge.
Wright, M., Clarysse, B., Mustar, P. and Lockett, A. (2008), Academic Entrepreneurship in Europe, Edward Elgar Publishing
Vanhaverbeke, W. (2018), Managing Open Innovation in SMEs, Cambridge University Press.