Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.
LEARNING OUTCOMES
After the course, participants should have
- Strengthened their proficiency in established and contemporary concepts, theories, and tools in strategic management of technology and innovation and their ability to apply those in real life,
- Improved their analytical and prescriptive strategy skills, and
- Deepened their understanding of different empirical phenomena in strategic management of technology and Innovation.
Additionally, participants should have practiced
- Analytical skills in defining and solving problems
- Decision-making skills
- Reflection skills
- Consulting skills
- Group management, coordination, and teamwork skills
- Communication and presentation skills
This course will be particularly useful if you plan your careers as entrepreneurs of startup firms, senior managers of established firms, managers responsible for R&D, technology or innovation, or management consultants.
Credits: 5
Schedule: 13.01.2021 - 07.04.2021
Teacher in charge (valid 01.08.2020-31.07.2022): Euiju Jeon
Teacher in charge (applies in this implementation): Pardeep Maheshwaree
Contact information for the course (valid 22.12.2020-21.12.2112):
Course Assistant
Joosef Valli
email: joosef.valli@aalto.fi
Course Instructor
Pardeep Maheshwaree
email: pardeep.maheshwaree@aalto.fi
CEFR level (applies in this implementation):
Language of instruction and studies (valid 01.08.2020-31.07.2022):
Teaching language: English
Languages of study attainment: English
CONTENT, ASSESSMENT AND WORKLOAD
Content
Valid 01.08.2020-31.07.2022:
The course is about how established and startup firms increase their performance by creating and capturing value from new technologies and innovations. Accordingly, the following broad topics will be discussed: creating value from opportunities arising from industry and technology change; capturing value from innovation; managing stakeholders of innovation; leveraging external sources of innovation.
Applies in this implementation:
After the course,
participants should have- Strengthened their proficiency in established and
contemporary concepts, theories, and tools in Strategic Management of Technology
and Innovation and their ability to apply those in practice - Improved their analytical and prescriptive strategy
skills - Deepened their understanding of different empirical
phenomena in Strategic Management of Technology and Innovation.
Additionally, participants should have practiced
- Analytical skills in defining and solving problems
- Decision-making skills
- Reflection skills
- Consulting skills
- Group management, coordination, and teamwork skills
- Communication and presentation skills
This course will be particularly useful if you plan
your careers as entrepreneurs of startup firms, senior managers of established
firms, managers responsible for R&D, technology or innovation, or management
consultants.- Strengthened their proficiency in established and
Assessment Methods and Criteria
Valid 01.08.2020-31.07.2022:
Exams; group assignments.
Applies in this implementation:
1. Seminar sessions: 4 sessions.
- An article presentation by the group (questioned by opponent group)Presentation slide deck : 10 points (40)Group seminar discussion: 5 points (20)2. Case sessions: 4 sessionsMemo (by individual student): 10 points each (40)Case seminar discussion: Different case questions, discussed in groups (break out rooms in zoom), then every group is asked to present their analysis: 5 points (20)3. Guest sessions: 3 sessionsMemo (by individual student): 10 points each (30)150 points in total will be scaled back to 100. In case the above total points do not add up to 150 points, due to unforeseen schedule changes, then it
will be transformed so that the total achievable maximum point is 100 points.
For example, if the total maximum point is 110 and you received 90, then the final
course points you received will be computed as 90/110*100=81.81 points (which
corresponds to a final grade of “4”). For another example, if the total maximum
point is 90 and you received 70, then the final course points you received will
be computed as 70/90*100=77.77 points (which corresponds to a final grade of
“3”).The final course points you
received corresponds to the following final grade:- 0-49
points = 0 - 50-59
points = 1 - 60-69
points = 2 - 70-79
points = 3 - 80-89
points = 4 - 90-100
points = 5
- 0-49
Workload
Valid 01.08.2020-31.07.2022:
The total workload is 135 hours: Contact teaching 30 percent, preparation for group assignments and for the examination 70 percent.
Applies in this implementation:
Task
Hours
Course
introduction and practicalities4
Case
sessions10
Case
memos55
Seminar
sessions8
Seminar
presentation slides44
Guest
lecture sessions4
Reflection
memos10
TOTAL
135 = 5
ECTS*27 hours/ECTS
DETAILS
Study Material
Valid 01.08.2020-31.07.2022:
Scientific articles and other study material assigned by the professor.
Applies in this implementation:
1. Textbook: Schilling, M.A. 2020. Strategic Management of
Technological Innovation. McGraw-Hill
Education.2. Seminal and contemporary academic
articles and book chapters3. Case studies from Harvard Business
School and INSEAD
Substitutes for Courses
Valid 01.08.2020-31.07.2022:
Replaces the course TU-91.2005
Prerequisites
Valid 01.08.2020-31.07.2022:
TU-C2010 Introduction to Strategic Management or TU-91.1011 Principles of Strategic Management, TU-91.1012 Intermediate Strategic Management and TU-A1100 Tuotantotalous 1/TU-A1200 Grundkurs i Produktionsekonomi.
Registration for Courses
Valid 01.08.2020-31.07.2022:
The number of students admitted to the course is limited. Students are given priority as follows: 1) students of the Master s Programme in Industrial Engineering and Management and students minoring in Strategy and Corporate Renewal, 2) other students.
Applies in this implementation:
Attendance is mandatory >80% attendance
required to pass the course.Ethical Guideline
Plagiarism is strictly
forbidden and will lead to grade zero (0). In other words, anyone involved in
plagiarism will NOT pass the course. Please adhere to the “Aalto University
Code of Academic Integrity and Handling Violations Thereof” which is available
in the Into portal for Aalto University students. https://into.aalto.fi/display/ensaannot/Aalto+University+Code+of+Academic+Integrity+and+Handling+Violations+Thereof
FURTHER INFORMATION
Details on the schedule
Applies in this implementation:
Sessions are held on Wednesdays between
10:15-12:00. Please note that there may
be some changes in the schedule as the course materials are finalized.Session
Topic
Date
Case
I. Introduction
1
Introduction
Wed 13.1.
II.
Creating Value: Opportunities from Industry and Technology Change2
Technology Evolution and
Market Diffusion (S)Wed 20.1.
3
Disruptive Innovation (C)
Wed 27.1.
Tesla Motors
4
Dominant Design and Standards War
(C)Wed 3.2.
Adobe Systems
III. Capturing Value: Profiting from Innovation
5
Profiting from Innovation
(S)Wed 10.2.
6
Protecting Innovation (C)
Wed 17.2.
LEGO Group
NO SESSION: EXAM WEEK
Wed 24.2.
7
Guest lecturer: TBA (G)
Wed 3.3.
IV. Organizing Innovation Inside the Firm
8
Managing Stakeholders of Innovation
(S)Wed 10.3.
9
Managing Stakeholders of Innovation
(C)Wed 17.3.
Vol de Nuit
III. Leveraging Internal and External Sources of
Innovation10
Boundaries of Firm
Innovation (S)Wed 24.3.
11
Guest lecturer: TBA (G)
Wed 31.3.
12
TBA
Wed 7.4.
*(S) denotes
seminar session, (C) denotes case session, (G) denotes guest lecture session