course-details-portlet

AI521820 - Commercialization of Innovation

About

New from the academic year 2020/2021

Examination arrangement

Examination arrangement: Assignment
Grade: Letters

Evaluation form Weighting Duration Examination aids Grade deviation
Assignment 100/100

Course content

Core topics:
- Understanding technological innovations.
- Connecting technological innovations and target group needs and benefits.
- Using design thinking to develop product concepts from tech innovations.
- Testing and improving product concepts.
- Turning innovations into strong brands.
- Estimating market potential.
- Marketing planning and launch campaigns.
- Entrepreneurial cross-disciplinary teamwork (technical and business adm.).
At the beginning of the semester, master students from NTNU and potentially NHH form mixed project groups. Each group is introduced to a company currently working on an innovation project funded by the Norwegian Research Council via the BIA program. Next, students attend lectures and apply theories and models on the project as the course progresses. Faculty provide guidance. The final report is presented to faculty and company representatives. Some lectures are given at NTNU, others at NHH if appropriate (lectures are video recorded). Group members meet at the beginning of the semester and the last week before the final presentation. Skype, physical meeting and/or other means of communication technology is used for group work between physical meetings.

Learning outcome

KNOWLEDGE: students...
- can make sense of tech innovations.
- have thorough knowledge of extant techniques for developing product/service concepts from innovations.
- can apply knowledge to position product/service concepts.
- have knowledge on models for commercialization planning.
SKILLS: students...
can critically analyze relevant academic and professional problems related to - commercializing innovations.
- are able to communicate extensive independent work and terminology regarding innovation commercialization..
- can conduct research to analyze and make sense of real technological innovations.
- able to use design thinking techniques for the purpose of turning real technological innovations into profitable product/service concepts.
- can develop an effective brand positioning strategy for product/service concepts.
- can estimate market potential for selected product concepts under conditions of high uncertainty.
GENERAL COMPETENCE: students...
- are able to present commercialization plans to a corporate audience in a professional manner.
- can identify and solve potential problems related to work in cross-disciplinary groups (members with technical and business background).

Learning methods and activities

Lectures, digital communication, supervision, discussion.

Compulsory assignments

  • Paper

Further on evaluation

A course paper is to be handed in two weeks before the exam.

Specific conditions

Exam registration requires that class registration is approved in the same semester. Compulsory activities from previous semester may be approved by the department.

Admission to a programme of study is required:
Economics and Business Administration (ØAMSC)
Financial Economics (MFINØK)
International Business and Marketing (860MIB)
NTNU School of Entrepreneurship (MIENTRE)

Course materials

Barringer, B. and Ireland, R. (2015). Entrepreneurship: Successfully Launching New Ventures, 5th Edition.

Selected articles.

More on the course

No

Facts

Version: 1
Credits:  7.5 SP
Study level: Second degree level

Coursework

Term no.: 1
Teaching semester:  AUTUMN 2020

Language of instruction: English

Location: Ålesund

Subject area(s)
  • Economics and Administration
Contact information
Course coordinator: Lecturer(s):

Department with academic responsibility
Department of International Business

Phone:

Examination

Examination arrangement: Assignment

Term Status code Evaluation form Weighting Examination aids Date Time Digital exam Room *
Autumn ORD Assignment 100/100

Release 2020-11-05

Submission 2020-11-09

Release 12:00

Submission 14:00

INSPERA
Room Building Number of candidates
Spring UTS Assignment 100/100 INSPERA
Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.
Examination

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

More on examinations at NTNU