Managing the Innovation Process: Online Format

The following details taken from the examination regulations MSWI/15, SMPO 4. Änderungsordnung zum WS 2018/19 are for information purposes only and not legally binding. For legally binding information, please refer to the corresponding official examination regulations of the program Master Wirtschaftsingenieurwesen.

Key Info

Basic Information

Studypath:
Master Wirtschaftsingenieurwesen
Semester:
1
Course Type:
Lecture
Language:
English
Cycle:
Summer term
Scheduling:
Entire semester
Course Units:
4.0
Credits:
5.0
Erasmus Capacity:
30
Compulsory Attendance:
No

Lecturer

Syllabus

This lecture follows the various activities along the stages of the innovation process (Discovery, Realization, Nurture) on the level of an innovation project. It provides participants with a decision structure along these stages and gives an overview of commonly applied methods in innovation management. A special emphasis is placed on evaluation methods for different stages of idea and concept screening and selection.

The second part of the lecture introduces the participants into the challenges of organizing for innovation within an established firm and covers aspects of project management, overcoming internal inertia to change, team structures, and the role of key individuals for successful innovation.

This course will be offered online. Video lectures, lecture slides, academic papers and tasks for self-study will be made available via L2P or another suitable platform.

Objectives

After participating in this course, students should be in a position to:
• Understand different process structures of an innovation project, their contingencies, and central activities along the phases of the innovation process.
• Understand and apply core methods to supporting technical problem solving in the innovation process
• Effectively communicate solutions for complex product development problems
• Critically evaluate, analyze and interpret information to make innovation management decisions, using both quantitative and qualitative approaches
• Know project focused core theories of technology and innovation management and their limitations
Note: This is a TIM Core Lecture

Prerequisites

None

Only one of the closely related modules "Managing the Innovation Process: In-Class Format" and "Managing the Innovation Process: Online Format" may be completed.

Examination

The course grade will be determined based on one of the following modes of evaluation:

• Option A: examination (100%, graded, 75 min.)
• Option B: examination (50%, graded, 75 min.) and paper (50%, graded)
• Option C: paper (100%, graded)

Module component for options A and C: There is also the possibility to improve grades on the voluntary submission of written exercises. For each written exercise, 1-10 points are awarded, depending on the extent and difficulty. The grade of the regular examination can be improved by 0.3 or 0.4 points if 1. the regular examination was passed without this improvement with a grade of 4.0 or better, and 2. if at least 60% of the possible points for written exercises were achieved. The grade of the regular examination can be improved by 0.6 or 0.7 points of score if 1. the regular test was passed without this improvement with a grade of 4.0 or better and 2. if at least 85% of the possible points for written exercises were achieved

The final mode of evaluation (A, B, or C) will be anounced at the beginning of the course. Otherwise, option A applies.

Further Information

No information available in English at the moment.

Literature

No information available in English at the moment.