ME2069 Managing Research and Innovation 6.0 credits
The aim of the course is to prepare students to take on decision-making roles within technology- and product development and being well familiar with tools and methods used in related work and operations. The course content, thereby, covers problems and opportunities associated with different types of organizations’ abilities to gain competitive advantages through innovative products (goods and services).
Given the essential necessity of firms to be innovative in today’s global and competitive world, this course is highly important for students aiming to work with innovation in the future career. It gives a foundation that is valuable in large global corporations but also in small, entrepreneurial firms. The course builds on deep scientific knowledge that is applied to innovation challenges in combination with insights from practitioners in entrepreneurial companies and ventures.
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Content and learning outcomes
Management of research and innovation focuses on how organisations create innovations and new knowledge, but also on how they use this to create profitable businesses. The aim of the course is to prepare the students for future decision-making roles in companies and other organisations, with a focus on technology and business development connected to innovations. To succeed with this, the students are given insight into models and tools that are used for reaching these aims. The course covers problems and possibilities connected to the abilities of different organisations to create sustainable competitive advantages through innovative offers based on a combination of products and services.
The contents are based on a textbook as well as a number of articles that focus on management of research and innovation. The course can be described as theoretically based but with applied analysis in focus and it is based on lectures, guest lectures and seminars, as well as a real innovation case that is provided by a company or a sector.
Intended learning outcomes
After passing the course, the students should be able to:
- Analyse organisations and business environments with traditional organisation models for innovation and research
- Explain, compare and critically reflect on the difference between traditional management of innovation and management of innovation in digital sectors and for innovation that intends to create sustainable products.
- Explain, compare and critically reflect on a market-based view on knowledge and technology transfer, with an approach to knowledge based on cooperation in networks
- Explain, compare and critically reflect on different types of product development models (e g stage/gate models compared with models for open innovation)
- Explain, compare and critically reflect on different types of innovation processes (e.g. product, process, position and paradigm) as well as different types of innovation focus (e.g. radical vs. incremental, sustaining vs. disruptive and system oriented vs. product oriented).
- Explain different ways to handle intellectual property and intellectual rights as well as critically reflect on important implications for innovation connected to IPR (intellectual property rights)
Literature and preparations
Achieved the requirements for a Degree of Bachelor of Science
ME2501 Perspectives on Industrial Management and ME2067 Industrial transformation and technical change (ITTEC) completed
Examination and completion
If the course is discontinued, students may request to be examined during the following two academic years.
- KON1 - Partial exam, 3.0 credits, grading scale: A, B, C, D, E, FX, F
- PRO1 - Project, 3.0 credits, grading scale: A, B, C, D, E, FX, F
Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.
The examiner may apply another examination format when re-examining individual students.
50% of the final mark is based on the literature assignment and 50% on the project.
Opportunity to complete the requirements via supplementary examination
Opportunity to raise an approved grade via renewed examination
- All members of a group are responsible for the group's work.
- In any assessment, every student shall honestly disclose any help received and sources used.
- In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.
Further information about the course can be found on the Course web at the link below. Information on the Course web will later be moved to this site.Course web ME2069
Main field of study
ME2092 have overlapping content. Only one of the courses can be taken