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Regular version of the site

Innovation Management

Academic Year
Instruction in English
ECTS credits
Course type:
Compulsory course
4 year, 1 module


Lipatnikov, Vitalii S.

Course Syllabus


The course is devoted to strategic management of innovation. General purpose of this course is students’ acquaintance with fundamentals of Management of Innovation and studying its toolkit. The course is aimed mostly at corporate level of Management of Innovation, though other fields of this very important part of economic and social life are also considered.
Learning Objectives

Learning Objectives

  • Defining types and patterns of innovation.
  • Search of the sources of innovation and ideas generating.
  • Defining innovation-related strategic decisions within organizations.
  • Managing the processes of new product development.
  • Developing the paths of cooperation for innovation-based projects.
Expected Learning Outcomes

Expected Learning Outcomes

  • Make students apply their knowledge on innovation and innovation dynamics to real case.
  • Make students work on their teamwork skills.
  • Make students develop their online collaborative working skills and learn how to use some of the appropriate tools to that extent.
  • Make students develop their data collection and analysis skills.
Course Contents

Course Contents

  • The Theoretic Foundations of Innovation
    Shumpeterian Theory. Conceptual Framework of Innovation. Linear Models of Innovation. Development of Innovation Model. Technology Innovation. 4 Types of Innovation. 4P Approach. Disruptive Innovation. Strategy of Innovation. Management of Innovation. Organization of Innovation. Impact on Society.
  • Sources of Innovation
    Macroeconomic Context of Innovation. Creativity. Translating Creativity into Innovation. Innovation in Collaborative Networks. Reasons for Entering a Strategic Alliance.
  • Market Adoption
    Technology S-Curves. Discontinuous Innovation. Tushman and Rosenkopf’s Technology Cycle. Why Dominant Design Are Selected. Diffusion of Innovation and Adopter Categories. Multiple Dimensions of Value. Are Winner-Take-All Markets Good for Consumers?
  • Timing of Entry
    Entrants. First-Mover Advantages and Disadvantages. Factors Influencing Optimal Timing of Entry. Strategies to Improve Timing Options.
  • Collaboration Strategies
    Advantages of Collaborating. Types of Collaborative Arrangements. Choosing s Mode of Collaboration. Choosing and Monitoring Partners.
  • Protecting Innovation
    Appropriability. Patents, Trademarks and Copyrights. Trade Secrets. The Effectiveness and Use of Protection Mechanisms. Reasons for Going Solo.
  • Managing Innovation within Firms
    Assessing the Firm’s Current Position. External Analysis: Porter’s Five-Force Model, Stakeholder Analysis. Internal Analysis. Identifying Core Competencies and Capabilities.
Assessment Elements

Assessment Elements

  • non-blocking Homework presentations
  • non-blocking In-class activity
  • non-blocking Exam
Interim Assessment

Interim Assessment

  • Interim assessment (1 module)
    0.5 * Exam + 0.3 * Homework presentations + 0.2 * In-class activity


Recommended Core Bibliography

  • Trott, P. (2017). Innovation Management and New Product Development (Vol. Sixth edition). Harlow, Enlgand: Pearson. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1419855

Recommended Additional Bibliography

  • Chesbrough, H. (2012). Open Innovation. Research Technology Management, 55(4), 20. https://doi.org/10.5437/08956308X5504085
  • Daniel Marco-Stefan Kleber. (2018). Design Thinking for Creating an Increased Value Proposition to Improve Customer Experience. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.B1673540
  • Frank, S. J. (2006). Intellectual Property for Managers and Investors : A Guide to Evaluating, Protecting and Exploiting IP. Cambridge: Cambridge University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=148150
  • Phillips, J. J., & Phillips, P. P. (2018). Using Design-Thinking in Your Innovation Projects. Journal for Quality & Participation, 41(3), 12–15. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=bsu&AN=136243422
  • Reiter-Palmon R. Team Creativity and Innovation, 2017. Oxford Scholarship Online (available: HSE Electronic Resources / Oxford Scholarship online).DOI:10.1093/oso/9780190222093.001.0001
  • Schoemaker, P. J. H., Heaton, S., & Teece, D. (2018). Innovation, Dynamic Capabilities, and Leadership. California Management Review, 61(1), 15–42. https://doi.org/10.1177/0008125618790246
  • The Oxford handbook of group creativity and innovation. (2019). Oxford University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsnar&AN=edsnar.oai.pure.rug.nl.publications.c911f8c4.a6e2.428b.b7fa.81051607f066