Contents
The lecture “Innovation Management“ provides an overview of theoretical foundations and fundamental conceptions in the field of innovation management. The lecture further analyzes innovative activity at the industry as well as at the firm level. In particular, determinants that affect the development and the spread of innovations will be scrutinized. At the industry level, special emphasis will be put on the prediction of market development and future trends. At the firm level, the development of innovation strategies and alternative implementations of innovation processes will be covered. Core topics are, for instance, a business venture's incentive systems, organizational structures that are supposed to foster innovative activity, collaboration in innovation processes, commercialization strategies, and the design of internal interfaces between different departments.
Learning outcomes
The aim of the lectures on innovation management is to provide the students with central concepts from the area of innovation management and findings from theoretical and empirical research into innovation. Students should also learn to apply findings from theoretical and empirical research into innovation in order to analyze and to solve innovation management-related problems. In particular, they should develop the core competences needed to manage innovation from its early stages to the introduction of products or services in the market and the strategic positioning of the firm within its industry.
Necessary prerequisites
–
Recommended prerequisites
Basic bachelor-level knowledge on organization and management
Forms of teaching and learning | Contact hours | Independent study time |
---|---|---|
Lecture | 2 SWS | 9 SWS |
ECTS credits | 4 |
Graded | yes |
Workload | 120h |
Language | English |
Form of assessment | Written exam (60 min) |
Restricted admission | no |
Further information | – |
Examiner Performing lecturer | Prof. Dr. Karin Hoisl Prof. Dr. Karin Hoisl (The course will be taught by a visiting instructor in the spring term 2025) |
Frequency of offering | Spring semester |
Duration of module | 1 semester |
Range of application | M.Sc. MMM, M.Sc. WiPäd, M.Sc. VWL, M.Sc. Wirt. Inf., LL.M. |
Preliminary course work | – |
Program-specific Competency Goals | CG 1, CG 4 |
Literature |
|
Course outline | Introduction Patterns of Innovation Sources of Innovation Incentives for Innovation Guest Lecture (1): Innovation in Application Protecting Innovation Organizing for Innovation Guest Lecture (2): Innovation in Established Organizations & Stage-Gate-Model Innovation Strategy Guest Lecture (3): Innovation Strategy Diffusion & Commercialization of Innovation Collaboration Strategies Wrap-up |