Topic outline

  • Course Description

    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.

    Course Objective

    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


    Course Instructor

    Pardeep Maheshwaree
    pardeep.maheshwaree@aalto.fi

    Course Assistant

    Joosef Valli
    joosef.valli@aalto.fi

    Preliminary Schedule

    The following is the preliminary schedule of the course. Sessions are held on Wednesdays between 10:15-12:00. Please note that there may be some changes in the schedule to accommodate guest lecturers 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 Change

    2

    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.

     

    IV. Organizing Innovation Inside the Firm

    7

    Managing Stakeholders of Innovation (S)

    Wed 3.3.

     

    8

    Managing Stakeholders of Innovation (C)

    Wed 10.3.

    Vol de Nuit

    9

    Guest lecturer: Tero Ojanperä (Chairman of Silo.AI, former CTO of Nokia) (G)

    Wed 17.3.

     

    V. Leveraging Internal and External Sources of Innovation

    10

    Guest lecturer: Henri Schildt (Professor of Strategy, author of "The Data Imperative: How Digitalization is Reshaping Management, Organizing, and Work") (G)

    Wed 24.3.

     

    11

    Guest lecturer: Juhani Mykkänen (Co-founder, Wolt) (G)

    Wed 31.3.

     

    12

    Boundaries of Firm Innovation (S)

    + Wrap-up

    Wed 7.4.

     

    *(S) denotes seminar session, (C) denotes case session, (G) denotes guest lecture session


    Attendance

    As the course is largely composed of seminar presentations and case analyses, much of the learning occurs in the active discussions made in the classroom. Therefore, attendance is compulsory. Especially, as student groups will be formed during the first session, all students must be present at the first session of the course