Technology and innovation are pillars of growth and entrepreneurial accomplishment. The course deals with theories, concepts as well as tools for the management of technologies and especially of innovations. Foreground topics are for example the economic decision-making regarding new investments in technologies (particularly in disruptive technologies), success factors for innovations, the design of the innovation process, timing strategies, open vs. closed innovation as well as business model innovation. Following the theoretical perspective on the above-mentioned topics, the lecture provides students with a palette of examples and case studies, offering a comprehensive coverage of both the empirical and the theoretical perspective.
By the end of the course, students should gain detailed and specialized knowledge as well as
a state-of-the-art overview over the newest developments in the management of technologies and innovation. Students should also be able to assess technologies regarding their role in creating competitive advantages in industrial and service companies. In this sense, the course offers students practical possibilities of testing and applying theoretical knowledge as well as own ideas. Moreover, students should learn in the course how to apply methodical and conceptional knowledge to concrete, practical issues beyond the spectrum of the course, in order to solve actual managerial problems. The acquired analytical and conceptual skills empower students in the complex world of business.
