20456 - TECHNOLOGY AND INNOVATION STRATEGY - MODULE II (TECHNOLOGY ENTREPRENEURSHIP)
EMIT
Department of Management and Technology
Course taught in English
EMIT (10 credits - II sem. - OB | 5 credits SECS-P/06 | 5 credits SECS-P/08)
Course Objectives
The aim of this course is to provide students with analytical frameworks to assess innovation-based strategies. The course focuses on the development and application of conceptual models rooted in the main theoretical developments in the fields of strategy and economics. The course consists of traditional lectures, exercise sessions, data analysis sessions, and case study discussions, allowing students to understand the managerial implications of the theory and to develop the necessary analytical skills to assess the advantages and challenges of organizing the internal and external sources of innovation.
Intended Learning Outcomes
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Knowledge and understanding
At the end of the course student will be able to do:
Understand the strategies of firms that bet on innovation for their growth, including technology licensing, research alliances and other forms of entrepreneurial growth. At the end of the course, the students will have acquired the managerial tools and strategies of a new or extant firm that uses innovation as the main engine of its growth.
Applying knowledge and understanding
At the end of the course student will be able to do:
Apply the knowledge acquired in the course to manage a new firm that bets on innovation or to manage activities within an extant firm that uses innovation as its core capability.
Course Content Summary
Part I – Research collaborations and the management of innovation.
- Intro to bargaining and strategic interaction.
- Property rights economics.
- The management of (open) innovation.
- Value creation and value capture in strategic alliances.
Part II - Managing knowledge workers.
- Intro to theory of incentives.
- Autonomy and incentives.
- The strategic management of human capital.
Part III – Taking decisions to create value from innovation and entrepreneurial opportunities.
- How do managers/entrepreneurs take decisions?
- Using theory and data to take decisions.
- Testing theories about managerial actions.
Teaching methods
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- Face-to-face lectures
- In-class exercises
- Theories and/or case studies discussions (in-class or in distance)
- Other interactive class activities (business games, simulations, role playing, use of scientific software, etc.) - specify in the relevant open section of the syllabus
- Individual assignments
- Group assignments
Detailed Description of Assessment Methods
Written.
Textbooks
A selection of research articles, book chapters, readings, and business cases is made available to the students at the beginning of the course.
Prerequisites
A good knowledge of basic microeconomics and game theory is a pre-requisite for this course.
Last change 24/05/2017 10:02