Strategic Management of Technology and Innovation

URL study guide

https://studiegids.vu.nl/en/courses/2024-2025/E_MFEN_SMTI

Course Objective

Academic & research skills: In this course students learn to critically evaluate innovation management concepts from academic literature and popular management press. Bridging theory and practice
- knowledge: In this course, students gain theoretical understanding concerning:
- innovation types and the external innovation environment including innovation trajectories, standards, platforms, and ecosystems
- the development of innovation strategies and their operationalization in project selection, collaboration, and protection
- the product development process and organizational conditions for innovation In this course, students gain insight in:
- the strategic importance of technological innovation for firms and society,
- recent developments in technology and innovation Bridging theory and practice
- application In this course, students develop skills to analyze real life cases.

Course Content

This course focuses on the strategic management of technology and innovation. Innovation refers to the development and implementation of new products, services, processes and business models and many of those innovations are enabled by technological developments. Innovation is crucial for business organizations to stay competitive in ever changing markets. In this course, students learn to understand and apply basic theories behind the processes of technology-based innovation within organizations and their environments, the development of innovation strategies, and the organizational implementation of innovation strategies. Theoretical understanding is applied in a simulation game and real life cases focusing on managerial dilemmas in the management of innovation.

Teaching Methods

Lectures Tutorials

Method of Assessment

Individual assignmentGroup assignments Written exam

Literature

- Schilling, M. (2019). Strategic management of technological innovation (6th ed). Boston: McGraw-Hill.
- Selection of academic articles (listed in course manual)
- Lectures, tutorials, and lecture slides/knowledge clips