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Master of Science in Innovation Management Professor Ed Nijssen Program Director Schedule 13:30 13:50 14:10 14:30 Introduction by Industria Meet and greet Program, specialisations, options, thesis, etc Course market Credit system • • • • • • European Credit Transfer System Based on student estimated workload 1 cp = 28 hrs of workload Most courses: 5 cp 30 cp in one semester typically 6 courses per semester Schedule • • • • • 2 semesters 2 periods per semester 8 weeks classes per period 2 weeks exams per period Interim period 4 Realizing succesful innovations closed innovation Science & Technology Base The Market Research Development open innovation Open Market Licensing Internal Technology Base Techn. Spin-Offs New Market Current Market External Technology Base Technology Insourcing Source: Henry Chesbrough (2003) New Products/ Services Commercializing Innovations crossing the chasm Find first customer Entrepreneurial or new venturing Team Innovation Management studies – It requires understanding of different aspects of the innovation problem • Process & Project management, including the decisions involved • Markets/industries and their technological developments • Strategy development at the concern and business unit level IM: final qualifications • Academic knowledge of design, human and organizational behavior, and performance of innovation processes • Skills to analyse and (re)design business processes to make firms more innovative • Act in a multidisciplinary context • Apply in academia, industry and consulting context Program structure Master Semester Thesis 4 Thesis Preparation Semester Term 3 Electives International Specialisation Semester Courses 2 Core Semester Courses 1 IM Core Courses • • • • New Product Development Marketing & Innovation Project & process management Human Aspects of Product Development • • • • Philosophy of Management Science Research design, data collection and analysis Design sciene methodology System Dynamics Innovation Management • Program characteristics: - All classes conducted in English - Core courses: 8 x 5 = 40 ECTS - Electives: 40 ECTS 3 suggested sets of electives - Master Thesis Preparation (10 ECTS), Thesis work: (30 ECTS) www.tue.nl/masterprograms/im Three suggested sets of electives • • • New Product Development Management • Knowledge Processes & Management • Human Performance in Innovative Organizations • Strategy & Technology management • Product Life Cycle Management • Service Engineering & Marketing Open Innovation • Strategic Sourcing & Supply Management • Strategy & Technology Managament • Innovation Networks • Innovation & Intellectual property • Governing Innovation • E-Business Architectures & Systems Technology Commercialization & Entrepreneurship • Technology Entrepreneurship • Entrepreneurial Finance • Service Engineering & Marketing • Selling New Products • Innovation & Intellectual Property Courses • Interactive lectures • Learning by reflection and application • Master Thesis – Related to research of the department and its researchers – Theory-driven – Multidisciplinary Elsevier (2009): Eindhoven best of technical universities and Eindhoven Master programs in Industrial Engineering best in the country Other courses • Several other electives inside and outside the school (check website) – Accounting and Entrepreneurial finance courses are highly recommended – For instance the Brabants Center of Entrepreneurship will launch several entreprenship courses here and also at Tilburg University Job market Electives Core courses Link to the Job Market 15 Professional perspectives • Innovation process related jobs - R&D/New Product Development • Staff member in R&D analysing and solving specific technical and organisational problems; process improvement • Projectleader, innovation manager, director of technology responsible for managing and coordinating innovation projects - Strategy, alliances, intellectual property - Marketing side of innovation • Other options include - Main stream business engineering - Phd Thesis topics Examples of thesis subjects – Strategic Alliances • network relationships between a research lab and technology suppliers – Entrepreneurship • success or failures of technopreneurs – Knowledge Management • managing knowledge in a product development lab – Marketing • service performance of products in the market • How to motivate sales to sell new products? – New Product Development • possibilities to reduce lead time in innovation projects – Supplier development • NPD in the relationship between a hi-tech company and three key suppliers Mentor system • Select capacity group at last one year before start of the Msc Thesis Project (at the end of the first semester!) • Allocation through application; give preference for mentor • Virtual market open during quarters II and IV – Cannot match earlier – Must match before end – otherwise mentor will be assigned • Role of mentor: – assistance with composition of study program – advise on study planning; international semester – assistance with selection and preparation of thesis topic and thesis proposal (and company if needed) – supervision of thesis project 18 Options within the program • Semester abroad – for students with standard program (no deficiencies) • Pre-doctoral certificate – for students with objective to start PhD – extra modules at PhD level, provide exemptions in PhD program – only after admission by admission board – with thesis project conducted on theoretical topic 19 More information • Programme: www.tue.nl/masterprograms/im • Schedules, exams: http://owinfo.tue.nl • Course related: http://studyweb.tue.nl – Use subscription options for studyweb news! • Department and program related information : http://www.tm.tue.nl/education 20 Questions? • Welcome on board! • We hope you will enjoy your time in the master program and at TU/e • If, you want to engage in discussions and improving the program please contact Industria's Education coordinator