5.00 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
Learning outcomes
At the end of this learning unit, the student is able to : | |
| 1 |
Having regard to the LO of the programme, this activity contributes to the development and acquisition of the following LO :
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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.
Class structure:
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.
Class structure:
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 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
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
Teaching materials
- Class presentations available on Moodle
Faculty or entity
CLSM
