Syllabus for |
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| CIP011 - Design of technological innovations and markets |
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| Syllabus adopted 2015-02-18 by Head of Programme (or corresponding) |
| Owner: MPBDP |
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7,5 Credits |
| Grading: TH - Five, Four, Three, Not passed |
| Education cycle: Second-cycle |
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Major subject: Industrial Engineering and Management
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Department: 45 - TECHNOLOGY MANAGEMENT AND ECONOMICS
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Only for students admitted to the program MPBDP
Teaching language: English
| Course module |
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Credit distribution |
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Examination dates |
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Sp1 |
Sp2 |
Sp3 |
Sp4 |
Summer course |
No Sp |
| 0110 |
Examination |
7,5 c |
Grading: TH |
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4,5 c
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3,0 c
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Contact examiner, |
Contact examiner, |
Contact examiner |
In programs
MPBDP ENTREPRENEURSHIP AND BUSINESS DESIGN, MSC PROGR, Year 1 (compulsory)
Examiner:
Bitr professor
Mats Lundqvist
Replaces
CIP010
Design of technological innovations and markets
Eligibility:
In order to be eligible for a second cycle course the applicant needs to fulfil the general and specific entry requirements of the programme that owns the course. (If the second cycle course is owned by a first cycle programme, second cycle entry requirements apply.)
Exemption from the eligibility requirement:
Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling these requirements.
Course specific prerequisites
Only students who are admitted to the Entrepreneurship and Business Design program are qualified to take the course, due to the strong integration with the laboratory-based pedagogy of the program.
Aim
The purpose of the course is to give the student knowledge on how to create and extract financial and other value through the design of technological innovations and markets.
Learning outcomes (after completion of the course the student should be able to)
- Demonstrate understanding of innovation management in technology-based business, including innovation strategy and business strategy and their interlinking as well as good innovative management
- Use relevant concepts and models as well as acquired specialized knowledge (technology-specific and other) to analyze and design sustainable technological innovations including techno-economic relationships as well as innovation design methods
- Be able to perform an analysis of innovative business models including financial projections- and valuations
Content
Fundamentals of business strategy and innovation management are provided along with an understanding of the role of innovations in a knowledge-based society. Theory is interwoven with case studies of innovation and business primarily in the information and communication technology (ICT) and bioscience areas.
The students will learn to analyze technological innovations and understand how markets and financial value can be created through varying business models. Important areas include techno-economic value analysis, innovation design methodology, business models and valuation techniques.
Organisation
The course is a part of the Entrepreneurship and Business Design programme and is provided sp 1 and sp 2, first semester.
The course consists of a lecture series including class-room cases as well as written group assignments.
Literature
Schilling, Melissa A, Strategic Management of Technological Innovation, McGraw - Hill international edition, latest published edition.
Additional articles presented in connection with course start.
Examination
The course is examined through written team assignments as well as through a written exam where the student is not only asked to account for relevant theory but also relate it to cases and classroom discussions.