Teacher(s)
Language
English
Prerequisites
This course is reserved for students with a bachelor's degree in business engineering or students with equivalent quantitative method skills.
LLSMS2040 or equivalent is a prerequisite
LLSMS2040 or equivalent is a prerequisite
Main themes
The objective of this class is to introduce the main concepts, models and issues of creating innovation-friendly organizations and environments, from the policy and ecosystem point of views.
We address in particular some key implications of innovation management regarding innovative people, teams, organizations, networks and ecosystems
We address in particular some key implications of innovation management regarding innovative people, teams, organizations, networks and ecosystems
Learning outcomes
At the end of this learning unit, the student is able to : | |
| 1 | Having regard to the LO of the programme, this activity contributes to the development and acquisition of the following LO :
|
Content
Class structure:
1. Build a shared vision of innovation (LLSMS 2116)
2. Manage entrepreneurial ecosystems
2.1 Encourage people to innovate
2.2 Build and lead effective innovative teams
2.3 Build innovation-ready organizations
2.4 Develop innovative networks and collaboration (see also LLSMS 2041)
2.5 Create innovation ecosystems (see also LLSMS 2041)
3. Identify attractive innovation opportunities (LLSMS 2040-2042)
4. Develop a balanced portfolio of business models (LLSMS 2040-2042)
5. Implementation: fail fast and win big (LLSMS 2040-2042)
5.1. Nimble execution: learn cheaply and adapt quickly
5.2. Lean development - more brain, less storming
5.3. Smart money - funding innovation projects (tbc)
1. Build a shared vision of innovation (LLSMS 2116)
2. Manage entrepreneurial ecosystems
2.1 Encourage people to innovate
2.2 Build and lead effective innovative teams
2.3 Build innovation-ready organizations
2.4 Develop innovative networks and collaboration (see also LLSMS 2041)
2.5 Create innovation ecosystems (see also LLSMS 2041)
3. Identify attractive innovation opportunities (LLSMS 2040-2042)
4. Develop a balanced portfolio of business models (LLSMS 2040-2042)
5. Implementation: fail fast and win big (LLSMS 2040-2042)
5.1. Nimble execution: learn cheaply and adapt quickly
5.2. Lean development - more brain, less storming
5.3. Smart money - funding innovation projects (tbc)
Teaching methods
The pedagogical methods used include lectures, case study and testimonials, pre-readings and student presentations
Evaluation methods
Evaluation criteria
The evaluation combines class participation (bonus points) and an oral exam (20 min, in June). Students who fail the June exam can have a second chance in September.
Compulsory attendance for corporate testimonials, workshops and group exercises
The evaluation criteria for the oral exam include:
Please refer to the relevant guidelines communicated by the Louvain School of Management.
The evaluation combines class participation (bonus points) and an oral exam (20 min, in June). Students who fail the June exam can have a second chance in September.
Compulsory attendance for corporate testimonials, workshops and group exercises
The evaluation criteria for the oral exam include:
- Ability to present the concepts addressed during the class (“Maîtriser les savoirs”)
- Ability to explain and present in a rigorous way those concepts (“Appliquer une démarche scientifique”)
- Ability to illustrate in a relevant and fact-based way the concepts through (among others) the testimonies and the case studies presented in the class. (“Communiquer”)
- Ability to understand the key implications and limitations of the concepts, in the context of the class subject (“Innover et entreprendre”)
- Ability to understand the key implications and limitations of the concepts, in the context of management in general (“Se développer”)
- Ability to criticize, develop or complement the concepts in a relevant and original way.
- Type of evaluation: Preparation of group readings and group exercises
- Comments: Compulsory attendance for group workshops, exercises and testimonials
- The evaluation includes class participation (up to two bonus points)
- Oral: No
- Written: No
- Unavailability or comments: No
- Oral: 3 Students/hour
- Written: No
- Unavailability or comments: Teacher-run schedule
Please refer to the relevant guidelines communicated by the Louvain School of Management.
Other information
This class is a follow-up of LLSMS2040 and LLSMS2042
Online resources
Bibliography
Reference book: Navigating Innovation (Palgrave, 2018)
Recommended readings:
Recommended readings:
- Tidd J., Bessant D. (2018) Managing Innovation, 6th Edition, Wiley
- Mitra, Jay (2012) Entrepreneurship, Innovation and Regional Development, Routledge
- Mazzucato, M. (2013) The Entrepreneurial State, Anthem Press
- Robertson, D. (2014) Brick by brick: How Lego rewrote the rules of innovation, RH
Teaching materials
- Class presentations available on Moodle
Faculty or entity
