Note from June 29, 2020
Although we do not yet know how long the social distancing related to the Covid-19 pandemic will last, and regardless of the changes that had to be made in the evaluation of the June 2020 session in relation to what is provided for in this learning unit description, new learnig unit evaluation methods may still be adopted by the teachers; details of these methods have been - or will be - communicated to the students by the teachers, as soon as possible.
Although we do not yet know how long the social distancing related to the Covid-19 pandemic will last, and regardless of the changes that had to be made in the evaluation of the June 2020 session in relation to what is provided for in this learning unit description, new learnig unit evaluation methods may still be adopted by the teachers; details of these methods have been - or will be - communicated to the students by the teachers, as soon as possible.
5 credits
30.0 h
Q2
Teacher(s)
Gailly Benoît;
Language
English
Prerequisites
Intermediate Micro-Economics and Introductory Industrial Organization
LSMS 2040 Innovation management
In addition, this course is reserved for students with a bachelor's degree in business engineering or students with equivalent quantitative method skills
LSMS 2040 Innovation management
In addition, this course is reserved for students with a bachelor's degree in business engineering or students with equivalent quantitative method skills
Main themes
The design and management of innovation ecosystems, both from a corporate networking and public policy viewpoints
Aims
At the end of this learning unit, the student is able to : | |
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Having regard to the LO of the programme, this activity contributes to the development and acquisition of the following LO :
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The contribution of this Teaching Unit to the development and command of the skills and learning outcomes of the programme(s) can be accessed at the end of this sheet, in the section entitled “Programmes/courses offering this Teaching Unit”.
Content
The objective of this class is to introduce the main concepts, models and issues of creating innovation-friendly environments, from the policy and ecosystem point of views.
We address in particular some key implications of innovation management regarding innovative people, teams, organizations, networks and ecosystems.
1. Build a shared vision of innovation (see LSMS 2116)
2. Manage entrepreneurial ecosystems
2.1 Encourage people to innovate
2.2 Build and lead effective innovative teams
2.3 Build innovation-ready organizations
2.4 Develop innovative networks and collaboration (see also LSMS 2041)
2.5 Create innovation ecosystems (see also LSMS 2041)
3. Identify attractive innovation opportunities (see LSMS 2040-2042)
4. Develop a balanced portfolio of business models (see LSMS 2040-2042)
5. Implementation: fail fast and win big (see LSMS 2040-2042)
5.1. Nimble execution: learn cheaply and adapt quickly
5.2. Lean development - more brain, less storming
5.3. Smart money - funding innovation projects (tbc)
We address in particular some key implications of innovation management regarding innovative people, teams, organizations, networks and ecosystems.
1. Build a shared vision of innovation (see LSMS 2116)
2. Manage entrepreneurial ecosystems
2.1 Encourage people to innovate
2.2 Build and lead effective innovative teams
2.3 Build innovation-ready organizations
2.4 Develop innovative networks and collaboration (see also LSMS 2041)
2.5 Create innovation ecosystems (see also LSMS 2041)
3. Identify attractive innovation opportunities (see LSMS 2040-2042)
4. Develop a balanced portfolio of business models (see LSMS 2040-2042)
5. Implementation: fail fast and win big (see LSMS 2040-2042)
5.1. Nimble execution: learn cheaply and adapt quickly
5.2. Lean development - more brain, less storming
5.3. Smart money - funding innovation projects (tbc)
Teaching methods
The pedagogical methods used include lectures, case study and testimonials, pre-readings and student presentations
Evaluation methods
The evaluation combines class participation (bonus/malus points), group works (continuous evaluation - 50%) and an oral exam (20 min, in June, 50%). Students who fail the June exam can have a second chance in September (oral exam or written work if student is abroad)
Compulsory attendance for corporate testimonials, workshops and group work presentations
The evaluation criteria include:
Compulsory attendance for corporate testimonials, workshops and group work presentations
The evaluation criteria include:
- Ability to present the concepts addressed during the class
- Ability to explain and present in a rigorous way those concepts
- Ability to illustrate in a relevant and fact-based way the concepts through (among others) the testimonies and the case studies presented in the class.
- Ability to understand the key implications and limitations of the concepts, in the context of the class subject
- Ability to understand the key implications and limitations of the concepts, in the context of management in general
- Ability to criticize, develop or complement the concepts in a relevant and original way.
Other information
This class is a follow-up of LSMS2040 and LSMS2042
Online resources
Navigating Innovation App on iOS and Android
www.NavigatingInnovation.org
www.Zinnovants.eu
Class presentations available on Moodle
Bibliography
Reference book : Navigating Innovation (Palgrave, 2018)
Recommended readings :
Recommended readings :
- Tidd J., Bessant D. (2018) Managing Innovation: Integrating Technological, Market and Organizational Change, 6th Edition, Wiley
- Mitra, Jay (2012) Entrepreneurship, Innovation and Regional Development, Routledge
- Mazzucato, M. (2013) The Entrepreneurial State, Anthem Press
Faculty or entity
CLSM
