Management of Innovation

Course title

0M103300

	hasegawa yutaka
	tanaka hideho

Course content

Under the increasing speed of technological and societal change, "innovation" is required in every organization anywhere in the world.
This course is designed to provide fundamental knowledge about innovation and a foundation for how to manage innovation.

We study some of the representative theories and frameworks related to innovation as well as real cases through lectures and workshops.
The case studies cover Japanese and International ones and students are encouraged to gather information on new cases to share the knowledge with each other.

Purpose of class

The purpose of this class is to understand the key concepts of innovation, innovation management and build the practical knowledge of leading and managing innovation.

Goals and objectives

Understand the concept and process of innovation and explain it to others with a clear definition.
Generate and organize new ideas to develop a business model and build a new business strategy.
Become a strong believer in challenging with no fear to fail.

Language

English

Class schedule

	Class schedule	HW assignments (Including preparation and review of the class.)	Amount of Time Required
1．	General introduction to the course including its purpose, objectives and evaluation policy. General guide to the material, tools and application software to be used during the course.	Read the syllabus and learn some principles of innovations preparation.	190minutes
2．	Introduction: What is innovation? Understand the definition of innovation. History of the innovation. Learn from the industrial revolution.	Review the lecture and prepare your own report.	190minutes
3．	Presentation of the report. Type of innovation: Understand the various types of innovation and learn how to analyse and categorize innovation cases.	Study various innovation types and categories.	190minutes
4．	Innovation Lifecycle: Understand the timeline of innovation diffusion and find obstacles.	Pick up some cases of innovation success and failure, and analyze them. Prepare your own report.	190minutes
5．	Presentation of the report. Innovator's dilemma: Why excellent companies fail easily? We study the typical cases and find the cause.	Look for examples of the innovator's dilemma.	190minutes
6．	Innovation theories in the 21st century. Understand the new theories including open innovation, reverse innovation and social innovation.	Pick up representative cases of innovation success and failure, and analyze them. Prepare your own report.	190minutes
7．	Presentation of the report. Innovation process: How to promote and manage innovation in the organization? We study the basics of the innovation management process.	Study the basic process of innovation management.	190minutes
8．	Business model: Using the business model canvas, we study how to analyze the existing business and how to create a new one.	Try making multiple business model canvas. Prepare your own report.	190minutes
9．	Presentation of the report. Group work: Define the problem and create the first problem-solving idea.	Prepare for idea generation by studying problems around you.	190minutes
10．	Design Thinking Workshop: Students will learn the process of design thinking through this workshop.	Review the process of Design Thinking and re-do the missing point, if any.	190minutes
11．	Idea generation, Prototyping and Testing: Develop the initial idea to the Business Model, create an early prototype and test it.	Discuss the topics among group members and prepare for the discussion.	190minutes
12．	Group discussion: Based on the first test, each group will prepare for the final presentation.	Deepen the discussion and co-operate to summarize.	190minutes
13．	Final presentation by each group and mutual evaluation.	Preparation for the presentation.	190minutes
14．	Discussion: Based on the evaluation, each group will improve the plan and prepare for the next round of the innovation process.	Review the presentation and prepare a report for the next cycle.	190minutes
Total.	-	-	2660minutes

Relationship between 'Goals and Objectives' and 'Course Outcomes'

	Participation to the class activities	report and presentation	Group activities	Total.
1.	10%	10%	10%	30%
2.	10%	15%	15%	40%
3.	10%	10%	10%	30%
Total.	30%	35%	35%	-

Evaluation method and criteria

Criteria:
Participations to the class activities: Listen to the lecture carefully and take an active role in the session.
Report and presentation: Submitted report and presentation in the class are evaluated.
Group activities: How proactively have you participated in the group is evaluated.

Guideline of evaluation
- Meeting basic requirements: 60 points
- Meeting requirements with logical background: 70 points
- Meeting requirements by utilizing knowledge obtained in the course. The presentation is clear with a logical sequence. : 80 points

Textbooks and reference materials

No textbook is proposed.

C.Christensen

Prerequisites

to be filles

Office hours and How to contact professors for questions