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Syllabus for

Academic year
CIP011 - Design of technological innovations and markets
Design av teknikbaserade innovationer och marknader
Syllabus adopted 2021-02-05 by Head of Programme (or corresponding)
Owner: MPBDP
7,5 Credits
Grading: TH - Pass with distinction (5), Pass with credit (4), Pass (3), Fail
Education cycle: Second-cycle
Main field of study: Industrial Engineering and Management

Teaching language: English
Application code: 07125
Open for exchange students: No

Module   Credit distribution   Examination dates
Sp1 Sp2 Sp3 Sp4 Summer course No Sp
0110 Examination 7,5 c Grading: TH   4,5 c 3,0 c   Contact examiner,  Contact examiner,  Contact examiner

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Mats Lundqvist

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General entry requirements for Master's level (second cycle)
Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.

Specific entry requirements

English 6 (or by other approved means with the equivalent proficiency level)
Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.

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.


Acquire knowledge on how to create and financially assess technological innovations and markets, within startup and large firm contexts.

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 create and analyze innovative business models including financial projections and valuations


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.


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.


Schilling, Melissa A, Strategic Management of Technological Innovation, McGraw - Hill international edition, latest published edition.

Additional articles presented in connection with course start and material published on Canvas.

Examination including compulsory elements

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.

The course examiner may assess individual students in other ways than what is stated above if there are special reasons for doing so, for example if a student has a decision from Chalmers on educational support due to disability.

Page manager Published: Mon 28 Nov 2016.