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Fall 2009-2010* MAE 437 / EGR 437
Introduction to Innovation Process Management
Karl
H.
Zaininger
In today's hypercompetitive global marketplace, innovation is the lifeblood of any business enterprise and the engine of economic growth. This course exposes students to all fundamental aspects of the technological innovation process, from idea/concept development through critical success factors to commercialization. It also covers the basic management practices required to excel--in a complex technological society--in the craft of successful innovation and prepares students to become technology-savvy entrepreneurs, leaders, executives, and/or managers of industry or government.
Sample reading list:
M.L. Patterson, Accelerating Innovation
V. Govindarajan and C. Trimble, 10 Rules for Strategic Innovators-From Idea to Execution
C.R. Carlson and W.W. Wilmot - Innovation:, The Five Disciplines for Creating What Customers Want
J.A. Heim and W.D. Compton-National Academy Press, 1992, Manufacturing Systems: Foundations of World-Class Practice
C.J. Touhill, G.J. Touhill, T.A. O'Riordan, Commercialization of Innovative Technologies
S. Shane, Technology Strategy for Managers and Entrepreneurs
Reading/Writing assignment:
Reading 50-100 pages per week. Reading assignments include material (researched by student) required for preparation of case studies. Writing assignments include preparation of 15-20 power point viewgraphs of topics the group considers most important and their relevance to the Critical Success Factor. Specific reading assignments will be given out at the beginning and/or end of each lecture.
Requirements/Grading:
Take Home Final Exam - 50%
Precept Participation - 20%
Other (See Instructor) - 30%
Prerequisites and Restrictions:
(1) Clear understanding of the basic principles of science, engineering, technology, economy, and business. (2) A keen interest in the role of creativity, inventiveness, ingenuity, management practices, and perserverance in the generation of new ideas/concepts and their transformation into successful products and/or services that can be sold for a profit..
Other information:
At the beginning of the course the class will be divided into two or three groups and a case study will be assigned to each group. The case study requires independent work by all students throughout the semester and the results will be presented at the end of the course. Throughout the course, various group assignments will also be given. Grading component (Other) is equivalent to: 10% is case study and 20% is weekly assignments.
Reserved Seats:
10 - Juniors
15 - Seniors
10 - Graduate Students
Schedule/Classroom assignment:
| Class number | Section | Time | Days | Room | Enrollment | Status |
|---|---|---|---|---|---|---|
| 22321 | L01 | 11:00 am - 12:20 pm | T Th | Friend Center of Engineering 109 | Enrolled:7 Limit:35 |