Innovation Management (sem A) Gr 2

EM054M0CA2

Program
PGE
Visitants
UE
Innovation Management
Semester
A
Discipline
Strategy
Contact hours
27 H
Number of spots
45
ECTS
5
Open to visitors
Yes
Language
Coordinator
Sophie MICHEL

List of lecturers

Lecturer(s) Email Contact hours - lecture
Sophie MICHEL sophie.michel@em-strasbourg.eu 27 h

Pedagogical contribution of the course to the program

No educational contribution associated with this course for this program.

Description

The management of innovation is one of the crucial and challenging aspects of modern organizations. By creating value, innovation is a fundamental factor of competitiveness. Innovation being undoubtedly uncertain and risky, it makes it very often difficult for new innovative technologies to be translated into successful products and services. Given this, it is of high importance for students to understand the strategies, tools, and techniques for managing innovation, which often requires a different set of management knowledge and skills from those used in everyday business administration. This course aims to equip management students with an understanding of the main issues in innovation management. For this purpose, students will work on the future of innovation management and Industry 4.0 (I4.0) in the context of the circular economy. The aim will be to identify key actions and recommendations to develop innovations based on the possible futures of I4.0 companies. Students will be introduced to one foresight method to collectively construct scenarios of the future and design (innovation management) action plans for the present time.

Teaching methods

Face-to-face

- Lectures
- Tutorials

In group

- Exercises
- Oral presentations
- Projects
- Case studies/texts

Interaction

- Discussions/debates
- Personal accounts
- Other :

Others

No items in this list have been checked.

Learning objectives

Cognitive domain

Upon completion of this course, students should be able to
  • - (level 1) Identify different types of innovations
  • - (level 2) Describe the innovation process
  • - (level 3) Demonstrate a solid theoretical understanding of the innovation process and the associated management
  • - (level 4) Analyze the interal conditions for successful innovations
  • - (level 5) Tell how to nurture innovative capacity in the firm and how to build a creative organisation
  • - (level 6) Assess a business model

Affective domain

Upon completion of this course, students should be able to
  • - (level 2) Perform a real-world project on social innovation

Outline

Session 1: Introduction of the course, definition of Innovation and types of innovations Session 2: Digital Innovation, Sources of Innovation & Industry 4.0 Session 3: Final project “The future of innovation management in I4.0 and circular economy” – step 1: define the “challenge” and identify the macro-variables Session 4: Innovation Strategies Session 5: Final project “The future of innovation management in I4.0 and circular economy” – step 2: co-construct three hypotheses for each macro-variable and one of the multiple scenarios of the future Session 6: Communities of Innovators – Open innovation Session 7: Organizing and Capturing Value from Innovation – Business model innovation Session 8: Protection and Diffusion of Innovation Session 9: Final presentation NB: Sessions 3 and 5 will be entirely devoted to the final project, then the second part of the following sessions (from 6 to 8) will allow students to work continuously on the project and to be accompanied by the lecturer.

No prerequisite has been provided

Knowledge in / Key concepts to master

A good command of English is required

Teaching material

Mandatory tools for the course

- Computer

Documents in all formats


- Case studies/texts
- Worksheets
- Syllabus

Moodle platform

- Upload of class documents
- Interface to submit coursework
- Assessments
- Coaching/mentoring

Software

- Pack Office (Word, Excel, PowerPoint, Access)

Additional electronic platforms

No items in this list have been checked.

Recommended reading


Tidd J., Bessant J., Managing Innovation: Integrating Technological, Market and Organizational Change, 2013 Bootz JP., Michel S., Pallud J., & R. Monti, "Possible changes of Industry 4.0 in 2030 in the face of uberization: Results of a participatory and systemic foresight study” Technological Forecasting and Social Change, Forthcoming Chesbrough Henry William, Open Innovation: The New Imperative for Creating And Profiting from Technology, 2003

Christensen Clayton M., The Innovator’s dilemma, 1997 Dyer Jeff, Gregersen Hal, and Christensen Clayton M., The Innovator's DNA: Mastering the Five Skills of Disruptive Innovators, 2011 Trott Paul, Innovation Management and New Product Development, 2008 Porter Michael E., Competitive advantage: creating and sustaining superior performance, 1985

EM Research: Be sure to mobilize at least one resource

Textbooks, case studies, translated material, etc. can be entered
Bootz JP., Michel S., Pallud J., & R. Monti, "Possible changes of Industry 4.0 in 2030 in the face of uberization: Results of a participatory and systemic foresight study” Technological Forecasting and Social Change, Forthcoming Djuricic, K & Bootz, JP, 2019. "Effectuation and foresight – An exploratory study of the implicit links between the two concepts," Technological Forecasting and Social Change, Elsevier, vol. 140(C), pages 115-128.

Assessment

List of assessment methods

Intermediate assessment / continuous assessment 1Class no. 2, 4, 6, 7
Written (120 Min.) / Individual / English / Weight : 35 %
Details : Quiz game and case study
This evaluation is used to measure LO1.1, LO1.2
Final evaluationLast class
Written (45 Min.) / Individual / English / Weight : 25 %
Details : A two-page report that will connect the final project and the core course concepts (further instructions after session 5)
This evaluation is used to measure LO1.1, LO1.2
Final evaluationLast class
Oral (30 Min.) / Group / English / Weight : 40 %
Details : Final project in teams based on a video presentation and a debate in class (further instructions will be available on Moodle)
This evaluation is used to measure LO1.3, LO2.1, LO2.2, LO4.2, LO1.1, LO3.3
No assessment methods have been attributed to this course yet.