Master of Science in Innovation Management

1. Professor Ed Nijssen Program Director Master of Science in Innovation Management

2. Schedule 13:30 Introduction by Industria 13:50 Meet and greet 14:10 Program, specialisations, options, thesis, etc 14:30 Course market

3. Credit 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

4. Schedule • 2 semesters • 2 periods per semester • 8 weeks classes per period • 2 weeks exams per period • Interim period

5. closed innovation The Market Science & Technology Base Research Development New Products/ Services open innovation Open Market Licensing Techn. Spin-Offs New Market Internal Technology Base Current Market External Technology Base Technology Insourcing Realizing succesful innovations Source: Henry Chesbrough (2003)

6. crossing the chasm CommercializingInnovations Find first customer Entrepreneurial or new venturing Team

7. Innovation 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

8. IM: finalqualifications • 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

9. Semester 4 Semester 3 Electives Semester 2 Semester 1 Program structure Master Thesis Thesis Preparation Specialisation Courses International Term Core Courses

10. 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

11. Innovation 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

12. Threesuggested sets of electives • 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

13. Courses • 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

14. Other 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

15. Link to the Job Market Core courses Job market Electives 15

16. 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

17. Thesis topics Examples 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

18. Mentor 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

19. Optionswithin 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

20. More 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

21. 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