Innovation Management

Investigates the relation between economic growth and innovation and technology management. Analyzes market and technology dynamics to determine the importance of innovation as a key component of the strategy to develop the competitiveness of the firm in a global environment. Investigates and evaluates various funding models available for use in funding of innovation for start-ups and corporate ventures and for promoting innovation in organizations, clusters and regions. Observes systematic approaches to innovation by visiting the Accelerated Solutions Environment (ASE), a strategic tool of the global consultancy CapGemini. The visit to the ASE, which provides an open work environment to foster creativity and innovation while gaining alignment and mitigating risks, exemplifies the use of logical criteria to assess the potential for, and success of, an innovation. Recommendation of adaptations to the innovation as appropriate. Corequisite: EXMN601