This course equips students with a comprehensive understanding of how to develop and deliver new ideas and technologies as successful and sustainable products and services in the market. Students will explore key innovation concepts and approaches, including open innovation and front-end innovation, as well as their applications in contemporary organizations. The course provides students a toolkit of effective methods and tools for developing sustainable innovations, managing innovation processes, and building and managing innovation project portfolios.
Upon successful completion of this course, students will be able to;
1. Describe different types of innovation and main theoretical frameworks,
2. Explain the core elements of innovation management,
3. Analyze global factors influencing innovation management,
4. Compare different approaches to managing knowledge and intellectual property in innovation,
5. Interpret the role of innovation for growth and wealth creation.