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