Syllabus

Title
5448 Innovation Management
Instructors
Univ.Prof. Dr. Sarah Spiekermann-Hoff
Contact details
e-mail: mis-sek@wu.ac.at; Tel: +43 1 31336 5460
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
02/01/17 to 03/10/17
Registration via LPIS
Notes to the course
Subject(s) Master Programs
Dates
Day Date Time Room
Monday 03/13/17 02:00 PM - 04:00 PM D2.0.030
Tuesday 03/14/17 02:00 PM - 03:30 PM TC.3.09
Monday 03/20/17 02:00 PM - 04:00 PM D2.0.326
Monday 03/27/17 02:00 PM - 04:00 PM D2.0.030
Thursday 03/30/17 02:00 PM - 04:00 PM D4.0.133
Monday 04/03/17 02:00 PM - 06:00 PM D2.0.030
Tuesday 05/09/17 02:00 PM - 04:00 PM D2.0.030
Thursday 05/11/17 09:00 AM - 12:00 PM TC.4.16
Monday 05/15/17 09:00 AM - 01:00 PM D2.0.374
Contents


This course aims to provide students with an insight into what it means to innovate with Information Technology. IT is a highly dynamic and complex field. Successful entrepreneurs and managers in IT driven companies need to have an excellent grasp of the fast moving product environment in which they operate. They need to be aware of the latest technologies emerging, which constantly shift their competitive environment. For legal reasons as well as effective cost management they need to be very well aware of the intellectual property landscape relevant for their businesses; in particular copyright issues and patents. In the constant hunt for ideas, new product development procedures need to be embraced, including the harvesting of crowd wisdom or other forms of distributed innovation. Corporate processes and strategies need to be aligned with the fast moving external forces they face while taking account of their internal capabilities. Finally, it is essential that IT leaders act wisely in the challenging environment that surrounds them. They need to take sustainable and ethical IT investment decisions that can create long-term stakeholder value. This course gives students guidance on how to approach the challenge.


Learning outcomes

After attending this course, students will:

•    know what innovations are and what challenges accompany their success

•    know about how innovations are successfully managed in firms

•    know how to reflect on the ethical dimensions of IT innovations

•    know about how open innovation tools and user innovation can be leveraged for innovation management

•    have an insight into the factors drive and impede dominant IT designs

•    have an insight into patenting and copyright issues surrounding IT innovations in particular

In addition, this course fosters the following soft skills:

•    conceptual thinking

•    value-based thinking


Teaching/learning method(s)

The course is a combination of lectures, in-class student assignments, presentations, discussions and homework.

Six course units will give students a theoretical introduction to innovation management:

1. On Progress, Values and IT Innovation

2. IT Innovation Management

3. Wise IT Leadership

4. IT Innovation as a Corporate Process

5. IT Business Case Planning

6. Regulatory Challenges of IT Innovation

Each class gives ample room for discussion of practical cases. A mix of materials is used, including videos and case studies.

Assessment

1.    Homework 1: 25%

2.    Homework 2: 25%

3.    Final Exam: 50%

4.    Not attending class: Minus 10% on the grade for each class missed


Prerequisites for participation and waiting lists

Admission to the master’s programme in Information Systems is required.

Qualified exchange students are explicitly invited to this course which benefits from a diverse and international atmosphere.

Readings
1 Author: Sarah Spiekermann
Title:

Ethical IT Innovation - A Value-based System Design Approach


Publisher: Talyor & Francis
Edition: 1. Auflage
Remarks: Chapters 2, 3, 4, 13 and 15
Year: 2015
Content relevant for class examination: Yes
Recommendation: Essential reading for all students
Type: Book
2 Author: Ahmed & Sheperd
Title: Innovation Management

Publisher: Prentice Hall
Year: 2012
Content relevant for class examination: Yes
Recommendation: Reference literature
Type: Book
Availability of lecturer(s)
Prof. Spiekermann can be reached at mis-sek@wu.ac.at.
Unit details
Unit Date Contents
1 29.02.

On Progress, Values and IT Innovation

This course gives an introduction into the concept of progress and challenges its historical evolution. It then introduces to the positive and negative externalities of IT innovations and discusses the nature and relevancy of human values for IT.

Reading: Chapter 1, 4 of SPIEKERMANN, Sarah. 2016. Ethical IT Innovation - A Value-based System Design Approach New York, London and Boca Raton CRC Press, Taylor & Francis.


2 07.03.

IT Innovation Management

This course gives an introduction into contemporary practices of technology and innovation management (including crowd sourcing of ideas). It shows the challenges of today’s IT innovation processes in the face of an explosive number of investment options as well as fierce competition.

Reading: AHMED, P. & SHEPHERD, C. 2012. Innovation Management, New York, Financial Times/Prentice Hall.


3 09.03.

Wise IT Leadership

This course introduced into practices that can help to take wise and ethical IT investment decisions. Seen the challenges of choice and competition wise leaders try to unveil the true value proposition of an innovation. The course shows the tools and mechanisms to do so.

Reading: Chapter 15 of SPIEKERMANN, Sarah. 2016. Ethical IT Innovation - A Value-based System Design Approach New York, London and Boca Raton CRC Press, Taylor & Francis.


4 11.04.

IT Innovation as a Corporate Process

In this course students are introduced to the Stage-Gate-Process for innovation management, the classical system development lifecycle (SDLC) and iterative/agile software engineering processes. It is shown how the three approaches to innovation fit together and what the challenges are at each stage of development of a new idea.

Reading: Chapter 13 of SPIEKERMANN, Sarah. 2016. Ethical IT Innovation - A Value-based System Design Approach New York, London and Boca Raton CRC Press, Taylor & Francis.


5 18.04.

IT Business Case Planning

In this course students receive an introduction into the creation of a business model with the help of the Business Canvas Method.

Reading: OSTERWALDER, A. & PIGNEUR, Y. 2010. Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers Hoboken, New Jersey, USA, John Wiley & Sons


6 25.04.

Regulatory Challenges of IT Innovation

In this course students receive an introduction to the copyright and patenting system and learn how to navigate digital businesses through a regulatory jungle.

Reading: Chapter 11/Sections 11.5 and 11.6 in SPIEKERMANN, Sarah. 2016. Ethical IT Innovation - A Value-based System Design Approach New York, London and Boca Raton CRC Press, Taylor & Francis.


Last edited: 2016-11-16



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