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ME2034 Management of New Technology and Industrial Creativity 6.0 credits

Management of New Technology and Industrial Creativity

Innovation management, technology management, industrial creativity, management of radical shifts of technology, intellectual property rights, venture capital.

  • Educational level

    Second cycle

  • Academic level (A-D)

    C

  • Subject area

    Industrial Management

  • Grade scale

    A, B, C, D, E, FX, F

Course offerings

Autumn 12 for programme students

Autumn 13 for programme students

Learning outcomes

The aim of the course is to:

  • deepen the knowledge on the mechanisms behind industrial and technical change/transformation with a focus on the management aspects of these processes.
  • provide the students with knowledge on the research frontier in the area of management of innovation/technology
  • widen the innovation concept towards industrial creativity
  • provide the knowledge base for action in (management of) environments characterized by rapid industrial and technical change.

Course main content

Assuming that the students have basic knowledge in the economics of industrial and technical change this course focuses on the management aspects of those processes. Concepts like dominant design, various classifications of innovations (like architectural, modular or radical innovations) are introduced as are concepts related to learning, acquisition and the appropriability of technology. The innovation management concept is widened to include creativity and to include non manufacturing (service) sectors/activities. The role of venture capital and intellectual property rights in relation to the innovation management process is also analyzed.

The course is based on modern theory of management of innovation related to the new theory of the (resource based) firm and its dynamic capabilities. In addition the course is based on theories of knowledge formation and learning in firms and technical systems.

The teaching consists of lectures and seminars. One seminar may be in the form of a study visit.

Eligibility

Either ME1303 or ME1032, or similar, must be finished (preferably both). Students following other programs (e.g. Erasmus students) may apply for exemption.

Prerequisites

Basic course in Industrial Management is needed.

Recommended previous course is ME1303/ME1032/ME2032 at Industrial dynamik at KTH, or similar course.

Literature

Compendium, se course PM for details.

Examination

  • SEM1 - Seminars, 1.5 credits, grade scale: P, F
  • TEN1 - Examination, 4.5 credits, grade scale: A, B, C, D, E, FX, F

Requirements for final grade

Active participation in seminars and approved delivery of seminar/working papers. Approved on written final examination (may sometimes be in the form of an home examination).

Offered by

ITM/Industrial Economics and Management

Contact

Staffan Laestadius, staffan.laestadius@indek.kth.se, +46 8 790 67 46

Examiner

Staffan Laestadius <slae@kth.se>

Supplementary information

Established 2006-05-23 

Replaces 4D1059 

Add-on studies

One or several of the courses on the Industrial dynamics Track:
* ME2033 Industrial Dynamics and Technical Change
* ME2036 Industrial Dynamics – advanced course

Version

Course plan valid from: Autumn 11.
Examination information valid from: Autumn 07.