The MSc. in Global Technology and Innovation Management & Entrepreneurship is a unique blend of modules. It incorporates technology & innovation management while preparing students with an entrepreneurial skill set, based on state of the art teaching and industry-partnered projects. GTIME's structure provides students with an international experience by asserting them to complete the second year of the course at one of 6 global partner universities.
Global Innovation Management
(Compulsory Module)
Dr. Stephan Buse
Credit Points : 6 (3+3)
Semester: 1
Lecturers: Dr. Stephan Buse, Prof. Dr. Rajnish Tiwari
Examination Form: Project work
This module is divided into two courses:
Managing Global Innovation Lecture
Managing Global Innovation Seminar
Students learn about economic theories and models that underlie innovation management in an increasingly globalized world. Particular attention is paid to emerging countries such as India and China, but also to other countries in Africa, Asia and South America, as they are becoming increasingly important as innovation locations and sales markets in global economic competition.
The following theories/models will be dealt with in the modules/ sessions:
Prof. Rajnish Tiwari
Lead Market Theory
Frugal Innovations
Open Innovation Approach
Transnational Model
Internationalization of Research & Development
By means of the theories and models discussed, students are enabled to analyse the significance and effects of globalization from an economic as well as a business perspective. Furthermore, they learn to assess the competitiveness of entrepreneurial innovation strategies and innovation locations.
Global Innovation Management Lecture and Seminar
This course conveys the relevant elements of Innovation Management in a globalized economy and illustrates the mutual dependencies of both areas. After completing the modules students should understand different views on the topics, should know in which situations tools can be used and when these tools' usefulness ends and be able to place future strategic and business model concepts in taxonomy of approaches.
The course gives an introduction to the most relevant principles and concepts which are necessary to understand how companies operate in today’s business environments (listed above). The course aims further at developing analytical skills that facilitate the problem-solving and strategic decision-making activities in companies.
Learning Outcomes:
By means of the theories and models discussed, students are enabled to analyse the significance and effects of globalisation from an economic as well as a business perspective. Furthermore, they learn to assess the competitiveness of entrepreneurial innovation strategies and innovation locations.
Upon successful completion of the module, students can conduct case studies on global innovation management issues independently and/or as part of a team. They are able to independently select and apply adequate analysis tools and to reflect their analysis results self-critically.
Content:
- Introduction to Globalization and Societal Megatrends
- Imperative of Global Innovation
- Corporate strategies in a globalized world economy – the Transnational Model
- Midterm assignment presentation
- Imperative of Frugal Innovations
- The Frugal Innovation Process
- Final assignment presentation