Course syllabus for Design of technological innovations and markets

Course syllabus adopted 2024-02-19 by Head of Programme (or corresponding).

Overview

  • Swedish nameDesign av teknikbaserade innovationer och marknader
  • CodeCIP011
  • Credits7.5 Credits
  • OwnerMPBDP
  • Education cycleSecond-cycle
  • Main field of studyIndustrial Engineering and Management
  • DepartmentTECHNOLOGY MANAGEMENT AND ECONOMICS
  • GradingTH - Pass with distinction (5), Pass with credit (4), Pass (3), Fail

Course round 1

  • Teaching language English
  • Application code 07111
  • Open for exchange studentsNo
  • Only students with the course round in the programme overview.

Credit distribution

0110 Examination 7.5 c
Grading: TH
4.5 c3 c0 c0 c0 c0 c
  • Contact examiner DIG
  • Contact examiner DIG
  • Contact examiner DIG

In programmes

Examiner

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Eligibility

General entry requirements for Master's level (second cycle)
Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.

Specific entry requirements

English 6 (or by other approved means with the equivalent proficiency level)
Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.

Course specific prerequisites

Only students who are admitted to the Entrepreneurship and Business Design program are qualified to take the course, due to the strong integration with the laboratory-based pedagogy of the program.

Aim

Acquire knowledge on how to create and financially assess technological innovations and markets, within startup and large firm contexts.

Learning outcomes (after completion of the course the student should be able to)

  • Demonstrate understanding of innovation management in technology-based business, including innovation strategy and business strategy and their interlinking as well as good innovative management
  • Use relevant concepts and models, as well as acquired specialized knowledge (technology-specific and other), to analyze and design sustainable technological innovations including techno-economic relationships as well as innovation design methods
  • Be able to create and analyze innovative business models including financial projections and valuations

Content

Fundamentals of business strategy and innovation management are provided along with an understanding of the role of innovations in a knowledge-based society. Theory is interwoven with case studies of innovation and business primarily in the information and communication technology (ICT) and bioscience areas.

The students will learn to analyze technological innovations and understand how markets and financial value can be created through varying business models. Important areas include techno-economic value analysis, innovation design methodology, business models and valuation techniques.

Organisation

The course is a part of the Entrepreneurship and Business Design programme and is provided sp 1 and sp 2, first semester.

The course consists of a lecture series including class-room cases as well as written group assignments.

Literature

Schilling, Melissa A, Strategic Management of Technological Innovation, McGraw - Hill international edition, latest published edition.

Additional articles presented in connection with course start and material published on Canvas.

Examination including compulsory elements

Digital exam and oral re-exams.

The course examiner may assess individual students in other ways than what is stated above if there are special reasons for doing so, for example if a student has a decision from Chalmers on educational support due to disability.