Innovation Management

Enseignants

Gailly Benoît;

Langue
d'enseignement

Anglais

Contenu

The objective of this class is to introduce the main concepts, models and issues of innovation management and their implications, in particular regarding new ventures.
We address in particular some key implications of innovation management regarding opportunity identification, assessment and implementation.
1. Build a shared vision of innovation
1.2. Innovation as a business: more than creativity
1.3. Innovation as a process: beyond ideation
1.4. Innovation typology
2. Manage entrepreneurial ecosystems (out of scope – see LSMS 2043)
3. Identify attractive innovation opportunities
3.1. Identify the sources of innovations – beyond R&D
3.2. Foster organizational learning – beyond ideation
3.3. Harvest and protect organizational knowledge assets
3.4. Integrate external sources of knowledge
4. Develop a balanced portfolio of business models
4.1. Business model design – asking the right questions
4.2. Designing competitive business models – why and what
4.3. Mobilizing the right resources – who and how much
4.4. Valuating innovative business models – quantifying the unquantifiable
4.5. Building a consistent and balanced innovation portfolio
5. Implementation: fail fast and win big
5.1. Nimble execution: learn cheaply and adapt quickly
5.2. Lean development - more brain, less storming
5.3. Smart money - funding innovation projects (out of scope – see LSMS 2043)

Méthodes d'enseignement

The pedagogical methods used include lectures, case study and testimonials, pre-readings  and student presentations

Modes d'évaluation
des acquis des étudiants

Continuous evaluation

• Date: Week 8-13
• Type of evaluation: Preparation of group readings
• Comments:

Evaluation week

• Oral: No
• Written: No
• Unavailability or comments: No

Examination session (January)

• Oral: 3 Students/hour
• Written: No
• Unavailability or comments: Teacher-run schedule

Students who fail the January exam can have a second chance in September (oral exam or written work if student is abroad)

Autres infos

This class is coupled with LSMS 2042 Developing Innovative Ventures

Ressources
en ligne

Bibliographie

Reference book: Navigating Innovation (Palgrave, 2018)

Recommended readings:

• Tidd J., Bessant D. (2018) Managing Innovation: Integrating Technological, Market and Organizational Change, 6th Edition, Wiley
• Berkun, S (2007) The myths of innovation, O'Reilly
• Schilling M.A. (2006) Strategic Management of Technological Innovation, McGraw-Hill
• Robertson, D. (2014) Brick by brick: How Lego rewrote the rules of innovation, RH

Faculté ou entité
en charge

CLSM