195.046 Foundations of Innovation
This course is in all assigned curricula part of the STEOP.
This course is in at least 1 assigned curriculum part of the STEOP.

2020W, VU, 2.0h, 3.0EC
TUWEL

Properties

  • Semester hours: 2.0
  • Credits: 3.0
  • Type: VU Lecture and Exercise
  • Format: Hybrid

Learning outcomes

After successful completion of the course, students are able to... 

  • Understand the various types and measurement of innovation
  • Understand the do's and don'ts for an effective management of innovation with different methods and tools including the Lean Startup Approach
  • Gain deeper understanding about innovation in the context of organizations and how leadership and corporate culture affect innovation
  • Learn how to identify and communicate the business value of innovations and understand how to make innovation attractive to the market
  • Understand the impact of cultures for innovation readiness in a state


Subject of course

IMPORTANT: This lecture is only for students assigned to the supplementary curriculum "Extended Study on Innovation" offered by the Innovation Incubation Center (i²c)! For further information, please visit http://i2c.tuwien.ac.at/home/are-you-a-student/how-to-apply/

***Content decription***

In the first part of the course, the students will develop a deeper understanding about innovation in context of markets and organizations. The objective of this section is to show different types of innovation and measurement methods to identify Key Performance Indicators (KPIs).

The second part will deal with innovation culture in context of markets and corporations. The students will understand that different (corporate) cultures will affect innovation readiness, e.g. different types of innovation. Additionally, attendees will develop a deeper understanding about risks and opportunities that will evolve due to cultural aspects and discuss different concepts.

The third part of the course will focus on how leadership affects innovation. The objective of this section is to clarify the principles about leadership, why leadership is important for innovation, discuss different leadership models and their impact on innovation.

The fourth part will focus on effective management of innovation and on different methods and tools for successful management. The attendees will understand the do's and don'ts for an effective management of innovation and learn how to drive it from a leadership position. In particular, the students will experience how to develop and operationalize a sustainable innovation strategy, discover how to establish appropriate organizational settings that help to foster innovations and learn how to speed up the implementation of innovations.

***Lecturers***

Thomas Peruzzi founded aicooma in Austria, Switzerland and Germany and built it from scratch till earn-out in 2012. He then rejoined University in York for a second Master Study and took over several interims C*O positions in digital startups like laterpay or gigaset elements. Beside that he angel-invested in digital startups like getwiser, spireglobal, adespresso and advised emerging startups with his strong product and Technology background. He is boardmember of Crate and Advisory Board member of admoment, meinkauf, laterpay, refz.co and roq.ad. Thomas lectures Innovation Management and Technology Leadership and is a respected speaker for European Corporates with regards to lean product management and how to avoid the innovator's dilemma. International VCs and corporate ventures trust his view on technology during due diligence processes.

Teaching methods

The lectures will mix theoretical input with hands on exercises and experiences as well as group discussions. In addition, the attendees will learn about effective tools underpinned by a proven blueprint for practical work on innovation. The students will reconsider his or her own personal approach of being an effective leader of innovation activities and develop an own individual roadmap for implementing innovations.

Mode of examination

Immanent

Additional information

***ECTS Breakdown***

3 ECTS = 75 hours

25      Lectures (prüfungsimmanent)
20      Group work
30      Individual assignment

This lecture is only for students assigned to the extended studies on innovation!

For further information please visit http://i2c.tuwien.ac.at/

Lecturers

Institute

Course dates

DayTimeDateLocationDescription
Thu17:00 - 21:0022.10.2020 Zoom Meeting (LIVE)Foundations of Innovation 1/6
Fri17:00 - 21:0023.10.2020 Zoom Meeting (LIVE)Foundations of Innovation 2/6
Sat10:00 - 14:0024.10.2020 Zoom Meeting (LIVE)Foundations of Innovation 3/6
Thu17:00 - 21:0029.10.2020 Zoom Meeting (LIVE)Foundations of Innovation 4/6
Fri17:00 - 21:0030.10.2020 Zoom Meeting (LIVE)Foundations of Innovation 5/6
Fri17:00 - 21:0006.11.2020 Zoom Meeting (LIVE)Foundations of Innovation 6/6

Examination modalities

- Attendance and active participation at lectures

- Group work and presentation of results

- Exam

Course registration

Begin End Deregistration end
28.04.2020 08:00 21.09.2020 08:00

Registration modalities

according to the curriculum Erweiterungsstudium Innovation and responsible STUKO

Precondition

The student has to be enrolled for at least one of the studies listed below

Curricula

Study CodeObligationSemesterPrecon.Info
046 002 Innovation Mandatory elective

Literature

No lecture notes are available.

Previous knowledge

SE 052.002 Introduction to Innovation

Miscellaneous

Language

English