Samenvatting

Summary Innovation Management B&M Lecture Summaries

0 keer verkocht

Instelling
Rijksuniversiteit Groningen (RuG)

This document contains comprehensive and detailed lecture summaries for the course Innovation Management B&M (EBB107A05) from sem 1A of the Pre-MSc BA Strategic Innovation Management/SIM. It includes everything you need to excel in the exam: lecture summaries with detailed class notes that compleme...

[Meer zien]

Voorbeeld 4 van de 100 pagina's

Bekijk voorbeeld

Geupload op 26 januari 2025
Aantal pagina's 100
Geschreven in 2023/2024
Type Samenvatting

€13,56

In winkelwagen

Opslaan

100% tevredenheidsgarantie
Direct beschikbaar na je betaling
Lees online óf als PDF
Geen vaste maandelijkse kosten

Innovation Management

Course Overview
 Lecture video, discussion sessions, coaching week 48 and 51
 Do videos, reads, discussion points before lecture: come to classes with
questions, discussion of topics.
 Digital Exam (MQ+open) 70%.
 Assignment 30%. Watch out for deadlines

Week 1: Introduction to course + introduction to innovation

Discussion points of this week (answer to this topics)

Discussion session: lecture 1

 Last point of course goals: assignment.
 See documents to support assignment: choose company, study company
aspects, get familiar with business and their innovation approach. How do they
do innovation, manage it and strategies. See if they have a R&D or innovation
department. Interview with R&D manager.

, Lecture Summaries week 1

Topics for this week

 Importance of innovation: what is an innovation.
 Sources of innovation (creativity, R&D, firm linkages, clusters)
 Types of innovation (product vs. process; radical vs. incremental;
competence-enhancing vs. competence destroying; architectural vs. component
innovation)
 Patterns of innovation (S-curves in technology improvement and technology
diffusion; technology cycles)

1.What is an innovation?

Schumpeter: father of innovation. Difference between invention and innovation is that
innovation goes beyond.

• Invention= an idea, a sketch or model for a new or improved device, product,
process or system

• Innovation= the process and outcome of creation and commercialization of
something new. (market side)
• Innovation includes opportunity identification, ideation or invention to
development, prototyping, production, marketing and sales

• Innovation vs Eship: they can overlap but they differ in focus, eship can only
involve exploitation of opportunities and commercialization as innovation is
much larger than that.
• Innovation= invention + exploitation.

How do innovations benefit society: eg: eletric cars (sustainability, comfort,etc), less
deaths from diseases through pharmaceutical innovations (penincilina, pandemic
vacines, etc).

,Total factor productivity, growth over time: factor to measure contribution of innovation
activity to economy growth, by economist.

It grows over time. See economy growth. It explains how innovation activity help improve
economic well-being of society. Marginal part (grey area): residual not explained by capital
or labor (traditional factors of production).

Until 70’s increase, after moderate increase, why?

The moderate increase after the 70’s, and the explaining of the grey area can be
caused by 3factors:
• More time to wait for patent application
• R&D decrease
• Less degrees that are crucial for labor inputs in technological innovation

, Standard economics strategy vs Innovation

Standard: analyse existing structures and equilibriums (it can be boring)
Innovation: does the opposite, it’s about:
• Creation: new, evolving, destroys equilibrium
• Change
• Novelty in society

Why is it difficult to implement innovation?

Innovation Funnel: Most innovative ideas do not become successful new products.
There is a need for crafted strategies. It is a lengthy and complex process to implement
innovative ideas. Be aware of the constant changing external factors: barriers,
competitors, innovation patterns, environment, etc

Innovation and failure
-Most new ideas fail (70%-90%), relates to the funnel concept.
-A lot of innovations emerge from failure. E.g.: Walt Disney, Jeff Bezos, Bill Gates, etc.

2.Sources of Innovation

The focus of this course being the private firms.

R&D in firms

Dit zijn jouw voordelen als je samenvattingen koopt bij Stuvia:

Bewezen kwaliteit door reviews

Studenten hebben al meer dan 850.000 samenvattingen beoordeeld. Zo weet jij zeker dat je de beste keuze maakt!

In een paar klikken geregeld

Geen gedoe — betaal gewoon eenmalig met iDeal, creditcard of je Stuvia-tegoed en je bent klaar. Geen abonnement nodig.

Direct to-the-point

Studenten maken samenvattingen voor studenten. Dat betekent: actuele inhoud waar jij écht wat aan hebt. Geen overbodige details!

Veelgestelde vragen

Wat krijg ik als ik dit document koop?

Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.

Tevredenheidsgarantie: hoe werkt dat?

Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.

Van wie koop ik deze samenvatting?

Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper joanacf12. Stuvia faciliteert de betaling aan de verkoper.

Zit ik meteen vast aan een abonnement?

Nee, je koopt alleen deze samenvatting voor €13,56. Je zit daarna nergens aan vast.

Is Stuvia te vertrouwen?

4,6 sterren op Google & Trustpilot (+1000 reviews)

Afgelopen 30 dagen zijn er 71241 samenvattingen verkocht

Opgericht in 2010, al 15 jaar dé plek om samenvattingen te kopen

Begin nu gratis

Laatst bekeken door jou

Tentamen (uitwerkingen) ·

(0)