Master of Science inInnovation Management
Professor Ed NijssenProgram Director
ScheduleSchedule13:30 Introduction by Industria13:50 Meet and greet14:10 Program, specialisations, options,
thesis, etc14:30 Course market
Credit systemCredit 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
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ScheduleSchedule• 2 semesters• 2 periods per semester• 8 weeks classes per period• 2 weeks exams per period• Interim period
Realizing succesful innovationsRealizing succesful innovations
New Products/Services
Science &TechnologyBase
DevelopmentResearch
The Market
closed innovation
Internal Technology Base
ExternalTechnologyBase
LicensingTechn. Spin-Offs
Technology Insourcing
OpenMarket
NewMarket
CurrentMarket
open innovation
Source: Henry Chesbrough (2003)
Commercializing InnovationsCommercializing Innovations
crossing the chasm
Entrepreneurial or new venturing Team
Find first customer
Innovation Management studiesInnovation 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 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 structureProgram structure
Semester 3
Semester 2
Semester 4
Semester 1Core Courses
Master Thesis
Specialisation Courses
Electives
Thesis P
reparation
International Term
IM Core Courses 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 ManagementInnovation 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
• 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
Three suggested sets of electivesThree suggested sets of electives
CoursesCourses• 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 coursesOther 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
Cor
e co
urs
es
Electives
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Job
m
ark
et
Link to the Job MarketLink to the Job Market
Professional perspectives 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 technologyresponsible for managing and coordinating innovation projects
- Strategy, alliances, intellectual property- Marketing side of innovation
• Other options include- Main stream business engineering - Phd
Thesis topicsThesis topicsExamples 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
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Mentor systemMentor 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
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Options within the programOptions 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
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More informationMore 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
Questions?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