Study module

Show teaching events
CS30A1661 Open Innovation, 6 cr 
Code CS30A1661  Validity 01.08.2013 -
Name Open Innovation  Abbreviation Open Innovation 
Credits6 cr   
TypeBasic studies  
ClassCourse   
  Grading scaleStudy modules 0-5,P/F 
  Eligibility for post-graduate studiesYes
    Allowed to study several timesno
Organisation LUT School of Engineering Science 

Teachers
Name
Antero Kutvonen 
Iryna Maliatsina 
Daria Podmetina 

Description by Study Guide
Year 

M.Sc. (Tech.) 2, M.Sc. (Econ. & Bus. Adm.) 2

 
Period 

Periods 1-2, Periods 3-4

 
Teaching Language 

English

 
Teacher(s) in Charge 

Researchers, D.Sc. Antero Kutvonen, D.Sc. Daria Podmetina and doctoral students, M.Sc. Ekaterina Albats, M.Sc. Iryna Maliatsina (modified 11.01.2019)

 
Aims 

After completion of the course, students will be able to

1. explain the concept of open innovation through both theory and examples (to e.g. a company executive)

2. analyze open innovation activities in real life companies and the motives for engaging in them and the mechanisms through which they create value for the company

3. distinguish between different modes of open innovation (inbound, outbound and coupled)

4. analyze the relation between a company’s strategic choices and application of open innovation

5. understand and apply the scientific literature on the theme and relate open innovation to the context of other innovation management theories.

 
Contents 

Must know: The fundamental definitions and concept of open innovation. Modes and implementations of open innovation, i.e. ways to manage purposive in- and outflows of knowledge to collaboratively develop and/or commercialize innovations. Difference between closed and open innovation in managing technology. Identifying open innovation activities in real life firms. Monetary and strategic motives for engaging in open innovation.

Should know: Process models of inbound, outbound and coupled open innovation. The relation between corporate strategy, technology strategy and open innovation activities. Models of distributed innovation such as crowd-based open innovation. Most common examples of firms used to explain open innovation. Platforms and ecosystems role in business and innovation. Varying topics from state-of-the-art open innovation research, depending on guest lecturer. Basics of IPR management in open innovation.

Nice to know: Development of the open innovation concept on the basis of prior innovation management theories. Knowledge of the main scientific literature surrounding open innovation. Theoretical determinants of open innovation and future perspectives towards the phenomenon.

 
Teaching Methods 

Lectures and guest speakers 35 h as intensive teaching. Small group assignments during lectures. Group exams (or substituting them with summaries of scientific articles, 16 h) on two of the intensive days, preparing for exams 16 h. Group-based case assignment 36 h. Independent study 44 h. Total 155 h.

 
Suitability for doctoral studies (Yes/Leave empty) 

Yes

 
Doctoral School course where enrollment is in WebOodi (Yes/Leave empty) 

Yes

 
Examination in Examination schedule (Yes/No) 

No

 
Examination in Moodle (Yes/No) 

No

 
Examination in Exam (Yes/No) 

No

 
Assessment scale and assessment methods 

0 - 5. Continuous evaluation based on small group exams (50%) and group-based case assignment (50%). Possibility to substitute group exams with literary work (summaries of scientific articles) in case of absence.

 
Course Materials 

The course book and reading material will be announced at the first lecture.

 
Limitation for students? (Yes, number, priorities/Leave empty) 

Yes, 40 students, prioritized based on motivation letter submitted during registratio

 
Places for exchange-students? (Yes, number/No) 

max 5

 
Places for Open University Students?(Yes, number/No) 

max 5

 


Current and upcoming courses
Functions Name Type cr Teacher Timing
  Open Innovation  COURSE  Antero Kutvonen,
Iryna Maliatsina,
Daria Podmetina 
07.01.20 -17.04.20 -

Upcoming exams
No exams