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Course Syllabus


MGT3208 Innovation Management

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Code
MGT3208
Title
Innovation Management
Prerequisites
MGT3001
Credits
3
Description
The purpose of this course is to introduce students to the main issues in the management of innovation. A study of the most recent trends and ideas in management and their practical application is carried out. Although the economic power of the geographic regions, nations, and organizations is built by the continuous development of its intellectual, technical, and scientific talent realized through their innovation efforts, the innovation management is one of the most challenging tasks as many of the innovative ideas fail to be commercialized. Therefore, the course aims to equip students with relevant skills, tools and techniques necessary to manage innovation at strategic and operational levels.
Objectives
At the end of the course, students should be able to do the following: KNOWLEDGE: Students will have an understanding of Understand major concepts of innovation Understand the process of innovation Recognize major innovation models Use and recognize innovation management tools and techniques SKILLS: Students will learnt to Adapt innovation management tools and techniques to different people and situations Learn how to evaluate different options and formulate and develop strategy Diagnose, analyze, interpret and articulate managerial challenges APPLICATION ABILITIES: Students will be able to Develop strategic plans to enhance innovations within organization Articulate and systematize innovation processes ‘Think globally and act locally’ to resolve organization’s challenges related to innovation Develop and lead groups to achieve goals and objectives VALUES AND ATTITUDES: Students practice KIMEP Core Values Academic honesty Respect for peers and instructors
Outcomes
Describe the innovation management concept and identify its importance for contemporary organization’s success Describe the process of innovation Demonstrate understanding of the process of innovation in its broad context Identify factors and critical issues that affect the management of innovation within organization and be able to address those in different organization’s settings Identify and apply contemporary innovation management tools and techniques Analyze and evaluate different options and formulate innovation strategy Identify the activities performed by key individuals in the management of innovation Demonstrate managerial competences for leading people and groups to resolve organization’s challenges related to innovation
Assessment
60 % -first and second assessments
40 % -final assessment
Tentative course outline
Week1
"Innovation Management: Introduction.
Week2
Innovation as a Core Business Process
Week3
The context of innovation and the role of the state. Managing intellectual property.
Week4
Building the innovative organization. Sources of innovation.
Week5
Developing an innovation strategy.
Week6
Innovation networks.
Week7
Decision making under uncertainty
Week8
"MID-TERM EXAM 1 (24.02.20) Building the innovation case
Week9
Management of R&D. Managing R&D projects. Managing the new product development team.
Week10
Management of R&D. Managing R&D projects. Managing the new product development team.
Week11
"Managing organizational knowledge. Capturing the benefits of innovation.
Week12
Group project presentations
Week13
"Group project presentations MID-TERM EXAM 2 (08.04.20)"
Week14
"Group project presentations Exploiting new ventures.
Week15
Review Lecture.