Management of Innovation and Technologies

Catalog of Institut Mines-Télécom Business School courses

Code

MGFE STR 4405

Level

M1

Field

Stratégie

Language

English

ECTS Credits

3

Class hours

24

Total student load

32

Program Manager(s)

Department

  • Management, Marketing et Stratégie

Educational team

Introduction to the module

Innovation and technologies are key in competition and are thus critical to the success of companies.
Managing innovation and technologies raises challenges, and requires practices that differ from many other aspects of management.
This course aims to provide students with the knowledge and skills required for managing innovation and technologies.

Learning goals/Programme objectives

  • LG1 Being able to extend digital intelligence through its different dimensions
  • LG2 Having the ability to manage uncertainty and complexity with accuracy and rigor
  • LG3 Having the foundations of responsible and sustainable management
  • LG4 Having access to different cross disciplinary management approaches and tools
  • LG5 Being open (minded) to others and to the world and looking for positive societal impact

Learning objectives/Intended learning outcomes

  • 1.3 - Develop competitiveness in business, and digital sovereignty
  • 2 - Having the ability to manage uncertainty and complexity with accuracy and rigor
  • 2.1 - Identify and analyze in depth problems, causes and impacts
  • 2.2 - Explore solutions, decisions, and their relative and absolute impacts
  • 2.3 - Identify optimal solution(s) and priorities toward implementation
  • 3 - Having the foundations of responsible and sustainable management
  • 3.1 - Understand and employ basic concepts, knowledge and theories related to the discipline
  • 3.2 - Apply discipline knowledge appropriately and effectively
  • 3.4 - Select and employ judiciously appropriate techniques and tools within the discipline
  • 4 - Having access to different cross disciplinary management approaches and tools
  • 4.2 - Understand and employ cross-disciplinary concepts, knowledge, theories
  • 4.3 - Apply cross-disciplinary management approaches and tools effectively and judiciously
  • 4.4 - Evaluate the use of cross-disciplinary management approaches and tools

Rubrics

To understand the specificities of management of innovation and new technologies.
To learn knowledge and skills required for managing innovation and technologies.

Details:
1. To understand the different types of innovation (service and product innovation, process innovation, paradigm innovation, social innovation, etc.)
2. To learn how to manage innovation processes :
a.To understand the different phases: : searching, selecting, implementing, capturing and assessing
b.To learn about innovation instruments: innovation portfolio, responsible innovation framework, fablab, etc.
c.To identify the numerous challenges at each phase and how to overcome them
3. To identify the links between technological, social and environmental aspects of any innovation process.

Content : structure and schedule

8 x 3 hours sessions between november and december
Attendance is mandatory.

Class schedule
1. What is innovation?
Why innovation matters?
Types of innovation

2. Searching and selecting
Innovation process
Sources of innovation
Decision under uncertainty
Tools for selecting

3. Implementing
Creating new products and services
Open innovation and selection

4. Capturing/Assessing
Learning and benefits
Impacts (alongside the process)

Sustainable Development Goals

Goal 9 : Industry, innovation, and infrastructure
Goal 12 : Responsible consumption and production
Goal 17 : Partnerships for the goal

Number of SDG's addressed among the 17

3

Learning delivery

Mixte

Pedagogical methods

Along elementary knowledge provided before and during the course with online resources and lectures, other pedagogical tools will be brainstorming, case studies, and other (individual or group) assignments.

Evaluation and grading system and catch up exams

Throughout the semester, students can be assessed through various forms of continuous assessment:

Knowledge assessments to ensure that students master the course content (e.g., types of innovation, phases of the innovation process...).
Case studies and in-class exercises to ensure that students understand how to apply the course content (instruments and theoretical reflections on innovation management).
Readings and quizzes/discussions to ensure that students are learning and understanding the course material.
Group work on an innovation or technology project.
Class participation to ensure that students understand the concepts and ideas, possess the necessary knowledge, and can reflect on it.
Attendance monitoring.
At the end of the semester, the final exam (written exam) assesses whether students have mastered the course content (concepts, tools, etc.) and can reflect on how it applies to real-life situations (case study).

The final exam accounts for at least 50% of the final grade.
In total, at least 60% of the final grade is based on individual assessments.

A makeup exam (written exam, oral exam, or personal work) is organized for students who did not pass in the first session.

Module Policies

Professor-Student Communication
● The professor will contact the students through their school email address (IMT-BS/TSP) and the Moodle portal. No communication via personal email addresses will take place. It is the student responsibility to regularly check their IMT-BS/TSP mailbox.
● Students can communicate with the professor by emailing him/her to his institutional address. If necessary, it is possible to meet the professor by appointment.

Students with accommodation needs
If a student has a disability that will prevent from completing the described work or require any kind of accommodation, he may inform the program director (with supporting documents) as soon as possible. Also, students are encouraged to discuss it with the professor.

Class behavior
● Out of courtesy for the professor and classmates, all mobile phones, electronic games or other devices that generate sound should be turned off during class.
● Students should avoid disruptive and disrespectful behavior such as: arriving late, leaving early, careless behavior (e.g. sleeping, reading a non-course material, using vulgar language, over-speaking, eating, drinking, etc.). A warning may be given on the first infraction of these rules. Repeated violators will be penalized and may face expulsion from the class and/or other disciplinary proceedings.
● The tolerated delay is 5 minutes. Attendance will be declared on Moodle during these 5 minutes via a QR code provided by the teacher at each course start.
● Student should arrive on time for exams and other assessments. No one will be allowed to enter the classroom once the first person has finished the exam and left the room. There is absolutely no exception to this rule. No student can continue to take an exam once the time is up. No student may leave the room during an examination unless he / she has finished and handed over all the documents.
● In the case of remote learning, the student must keep his camera on unless instructed otherwise by the professor.

Honor code
IMT-BS is committed to a policy of honesty in the academic community. Conduct that compromises this policy may result in academic and / or disciplinary sanctions. Students must refrain from cheating, lying, plagiarizing and stealing. This includes completing your own original work and giving credit to any other person whose ideas and printed materials (including those from the Internet) are paraphrased or quoted directly. Any student who violates or helps another student violate academic behavior standards will be penalized according to IMT-BS rules.

Textbook Required and Suggested Readings

Tidd J. & Bessant J. (2021), Managing innovation - integrating technological, market and organizational change, 7th ed., Wiley.
Schilling M. A. (2020), Strategic management of technological innovation, Sixth edition., McGraw Hill Education, New York, NY.

Keywords

Innovation, Technologies, Research and Development, new product development, appropriability, business models

Prerequisites

Whilst a familiarity with management would be a plus, no specific prerequisite is demanded.