This
module puts innovation management into the emerging complex context and shows
the importance of innovation in the era of digitization and globalization.

In this module students are introduced to a wide range
of concepts in the field of innovation management.

This module will allow the students to become familiar
with a selection of innovation strategic and organizational issues and gain an
understanding of their implications on the firm’s strategies and processes.

It familiarizes students with the theoretical base for
innovation and innovation management and provides them with a thorough
understanding of the nature of the innovation and the complex and challenging
technological dimension that shapes the current business environment. Students
will learn how to critically assess the implications of such dimension for business
strategy and decision making.

 Learning Outcomes:

On completion of the module, the
successful student will have acquired:

 -Knowledge:

The main definitions, theories of and
debates around strategic and innovation management.

The crucial industry dynamics of
technological innovation.

The sources of innovation

The main types and patterns of innovation.

The definition and consequence of
standards battles; the implication of modularity and the emerging dynamic of
platform competition.

The main dimensions according to which
formulate a technological innovation strategy.

The main risks related to technological
innovation.

The definition and consequence of alternative
innovation strategies: open innovation vs. close innovation.

-Skills:

Effectively search for, identify, and analyze information related to strategic
management and innovation dynamics and its impact on business performance.  

Critically evaluate the economic and demand–related issues and risks
facing firms implementing technological innovation strategies.  

Craft appropriate technological innovation strategies

Evaluate and select appropriate mechanisms to protect innovation.  

Critically
assess the ethical and social issues and debates related to technological
innovation.