14720 - Technology and Innovation Management Modulübersicht

Module Number: 14720
Module Title:Technology and Innovation Management
  Technologie- und Innovationsmanagement
Department: Faculty 3 - Mechanical Engineering, Electrical and Energy Systems
Responsible Staff Member:
  • Prof. Dr.-Ing. Wilhelm, Benno
Language of Teaching / Examination:English
Duration:1 semester
Frequency of Offer: Every semester
Credits: 6
Learning Outcome:After completing this module, students will be able to:
  • Apply key concepts and tools of Technology and Innovation Management (according to contents)
  • Select and confidently apply appropriate methods of Technology and Innovation Management
  • Independently expand their knowledge in Technology and Innovation Management
  • Analyse and structure complex tasks in Technology and Innovation Management
  • Generate and implement new ideas in Technology and Innovation Management
  • Continually prepare and evaluate source material of Technology and Innovation Management
  • Assess current trends in Technology and Innovation Management
  • Present ideas and concepts confidently and convincingly
Contents:Innovation as a Strategic Imperative
  • Degrees of Innovation
  • Classifications of Innovations
  • Requirements for the Management of Radical Innovations
  • Success Factors of Innovation Management
  • Evaluation of Innovation Projects
  • Innovation Strategies for Industry
Innovation Management
  • Management of the Innovation Process
  • Using Internal and External Sources for Innovation
  • Corporate Structures and Cultures Conducive to Innovation
  • Systematization of the Innovation Process
  • Innovation Funnel
  • Dimensions of Innovation Management
Practical Problems and Case Studies
  • Technology Management
  • Formulating R&D Strategies
  • Technological Competitive Analysis
  • Technological Forecasting
R&D Investment Decisions
  • R&D Portfolio Management
  • External Technology Procurement
  • R&D Alliances and M&A
  • Management of Foreign R&D Units
  • Research Management
  • Knowledge Management
  • R&D Personnel Management
  • External Technology Exploitation and Patent Management
Recommended Prerequisites:None
Mandatory Prerequisites:None
Forms of Teaching and Proportion:
  • Seminar / 4 Hours per Week per Semester
  • Study project / 60 Hours
  • Self organised studies / 60 Hours
Teaching Materials and Literature:
  • Trott, P.: Innovation Management & New Product Development, 2017
  • Floyd, Ch.: Managing technology for corporate success, 1997
  • Tidd, J. et al: Managing Innovation, 2018
  • Afuah,A.: Innovation Management, 2003
  • Utterback, J.: Mastering the Dynamics of Innovation, 1994
  • Case studies will be announced at the beginning of the course
Module Examination:Continuous Assessment (MCA)
Assessment Mode for Module Examination:
  • Five individual exercises (one written page each) for 2% each (total 10%)
  • Group exercise A (approx. 6 written pages) with presentation (approx. 30 minutes) for 10%
  • Group exercise B (approx. 6 written pages) with presentation (approx. 30 minutes) for 10%
  • Written exam of 85 minutes for 70%
Evaluation of Module Examination:Performance Verification – graded
Limited Number of Participants:40
Part of the Study Programme:
  • no assignment
 This module has been approved for the general studies.
Remarks:None
Module Components:
  • Seminar Technology and Innovation Management
  • Projekt Technology and Innovation Management
Components to be offered in the Current Semester:
  • no assignment