Innovations and Business Management (5op)

Osaamistavoitteet (Opintojakso)

The course provides theoretical overview and tools to successfully run a business driven consultation project. It provides insights of product and services development process and the positioning of innovation into right marketplace. Also, creating a reasonable business model and basics of ensuring the intellectual property rights (IPR’s) are discussed.

After completing the course, students will be able to:

Use different innovation methods in practice
Evaluate the business feasibility of innovations, products and services
Understand the product and service design process phases
Identify the critical phases of product and service design projects

Sisältö (Opintojakso)

How to foster innovations?
How to develop products and services from innovations?
What are intellectual property rights and how to ensure them?
How to evaluate project business feasibility?

Esitietovaatimukset (Opintojakso)

-

Aika ja paikka

Lectures on Tuesdays at 2.15 pm in class B5-31. First lecture on Sptember 3. Detailed information about pass requirements will be given, hence, presence of the students is very important.

Tenttien ja uusintatenttien ajankohdat

No exam

Arviointimenetelmät ja arvioinnin perusteet

Evaluation is based on
- individual assignment "Innovation management handbook" (60%)
- participation into the groupwork "Rapid Project Initiation Exercise" (teamwork) and active class participation (40%)
Class participation will be recorded.

Arviointiasteikko

0-5

Opiskelumuodot ja opetusmenetelmät

Lectures
Groupwork
Individual working

Oppimateriaalit

Kim, W.Chan & Mauborgne, Renee: Blue Ocean Strategy
Selected articles available in Tabula

Opiskelijan ajankäyttö ja kuormitus

5 credits *27 hours of work = 135 hours of work. Contact teaching 5 * 3 hours = 15 hours; class participation required in order to complete the individual assignment.

Sisällön jaksotus

3.9. Course introduction, pass requirements. Instructions for Rapid Initiation Exercise and Innovation Management Handbook.
Lecture: What are innovations - key concepts
10.9. Lecture: Design thinking and service design processes
17.9. Lecture: Innovation process and individual property rights
24.9. Blue Ocean Strategy
26.9. Y-kampus: Young Achievers (exceptional date and time!)
1.10. Introduction of business cases for Consultation Projects
11.10. Deadline for submission of course assignments
(changes in timetable may occur)

Toteutuksen valinnaiset suoritustavat

None

Harjoittelu- ja työelämäyhteistyö

-

Kansainvälisyys

-

Lisätiedot

-

Arviointikriteerit - hylätty (0) (Ei käytössä, kts Opintojakson Arviointikriteerit ylempänä)

Student is not able to describe the basic theories and practical tools related to innovation management.
No "Innovations Management" -handbook returned OR
the handbook doesnt include the needed content OR plagiarism in handbook.
No participation into lectures.
No participation into groupwork.

Arviointikriteerit - tyydyttävä (1-2) (Ei käytössä, kts Opintojakson Arviointikriteerit ylempänä)

Student demonstrates satisfactory knowledge of innovation management theories and practical tools.
Handbook describes the theories for innovation management to answer the questions in the handbook guidance.
Student has participated into groupwork.

Arviointikriteerit - hyvä (3-4) (Ei käytössä, kts Opintojakson Arviointikriteerit ylempänä)

Student demonstrates good knowledge of innovation management theories and practical tools and shows the ability to apply them into business life cases.
Handbook describes the theories for innovation management to answer the questions in the handbook guidance.
Handbook includes reflections for writer's own opinions and/or experiences.
Student's participated into groupwork has been active and productive.

Arviointikriteerit - kiitettävä (5) (Ei käytössä, kts Opintojakson Arviointikriteerit ylempänä)

Student demonstrates excellent knowledge of innovation management theories and practical tools and shows the ability to apply them into business life cases. Student demonstrates ability to criticize the use of theories and practical tools.
Handbook describes the theories for innovation management to answer the questions in the handbook guidance.
Handbook includes reflections for writer's own opinions and/or experiences.
Handbook includes critical thinking towards the theories.
Student has participated actively into lectures.
Student's participated into groupwork has been exceptionally active and productive.