Courses Master Display 2022-2023

Course Description To PDF
Course title Knowledge, Innovation and Technological Change
Course code EBC4269
ECTS credits 6,5
Assessment Whole/Half Grades
Period
Period Start End Mon Tue Wed Thu Fri
4 6-2-2023 31-3-2023 X X
Level Advanced
Coordinator Hugo Verver
For more information: h.verver@maastrichtuniversity.nl
Language of instruction English
Goals
* Equip students with a powerful set of tools to analyze processes of innovation and technological change in competitive environments
* Students learn how to analyze & interpret relevant data to make informed decisions
* Students can communicate their ideas persuasively and professionally to their target audience
Description
Today’s fast-paced international markets are characterized by continuous innovation and fierce technology-based competition. Therefore, understanding how firms generate new knowledge and how technological change affects the competitive landscape is essential for effective strategizing. This course bridges the gap between general strategy and more specialized technology and innovation fields. It addresses how organizations navigate challenges and take advantages of opportunities created by disruptive technological change. Among others, the following topics are covered: sources of new ideas and recombination, dealing with uncertainty, machine learning and AI for strategic decision-making, data as a source for competitive advantage, incentives for innovators, industries driven by new technology emergence and financing of innovation. It teaches students how to deal with the inherent uncertainty of business innovation processes and puts them into the position to formulate strategies related to innovation investment decisions, intellectual property, and technological change.
Literature
Textbook; Academic and practitioner articles.
Prerequisites
This Master-level course requires an understanding of general business concepts and management theories. Exchange students need to have obtained a bachelor degree with a major in business and need to major in strategy in their Master. An advanced level of English.
Keywords
Teaching methods (indicative; course manual is definitive) PBL / Presentation / Lecture / Assignment / Groupwork
Assessment methods (indicative; course manual is definitive) Attendance / Participation / Written Exam
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Master Business Research - No specialisation Year 1 Disc - IB Strategy and Innovation
Master Business Research - Operations Research Year 1 Elective Course(s)
Master Business Research - Operations Research Year 2 Elective Course(s)
Master Digital Business and Economics Elective Course(s)
Master Human Decision Science Elective Course(s)
Master International Business - Strategy and Innovation Compulsory Course(s)