Innovation Management
- Credits: 5
- Ending: Examination
- Range: 2P + 2C
- Semester: winter
- Year: 2
- Faculty of Business Economics with seat in Košice
Teachers
Included in study programs
Teaching results
Knowledge:
• on inventions, innovations, the innovation process and their management,
• understand the fundamental differences between innovation and invention,
• about the stages of the innovation process, how to evaluate innovation opportunities and use the innovative potential of the company in order to increase its competitiveness,
• about the stages of product innovation development,
• about the risks, barriers, success and failure of the innovation process,
• about the possibilities of financing innovative activities.
Skills:
• planning of innovations and control of their progress (Valent's innovation spectrum),
• selection and design of a parallel or functional model of innovation,
• creation of a map of processes and innovations using the application of relevant techniques,
• use of basic quantitative and qualitative tools,
• apply the acquired knowledge in the preparation of individual work,
• interpret the results of individual and teamwork,
• project preparation in a team.
Competences:
• synthesize basic knowledge in the field of innovation, innovation processes, management and their interconnection with increasing the competitiveness of the company,
• assess the level of access to innovation in the company,
• apply knowledge and critically analyze the barriers to innovative business.
Indicative content
Lectures:
1. Definition of basic concepts in the field of innovation and classification of innovations.
2. Approaches to innovation and innovation models.
3. The need for innovation. Evaluation of innovation opportunities.
4. Innovation process. Product life cycle.
5. Product innovation development phase.
6. Management of innovation activities and techniques of IMTs.
7. Organizing in the innovation process.
8. Risks, effects, failure and success of innovation activities.
9. Barriers to innovation.
10. Private sources of financing innovation activities.
11. Public sources of financing innovation activities.
12. Support for innovation activities from European Union funds.
13. Documents supporting innovation activities.
Seminars:
1. Trends in economic development in the transformation process.
2. Development of progressive branches of industry (engineering, electrical engineering, chemical industry, etc.) Defining a new business space, a new business strategy.
3. Valent's innovation spectrum. Identification of the main types of losses in the production process. Implementation of 7 series of innovations in a concrete form.
4. Implementation of innovation management techniques in companies. Identification of the main barriers to innovation management. Application of creativity and technological support techniques.
5. Functional model of the innovation process in the company. Proposal of new organizational structures in assigned specific Slovak companies.
6. Parallel model of product development and its characteristics. Defining evaluation criteria.
7. Classical and modern approaches to innovation. Schumpeter's innovative models. Creation of new products, definition of new production methods, finding new sources of offers, surveys of new markets, introduction of new ways of organizing trades.
8. Use of models according to Schmookler, Rothwell and Beijeov. Updating the strategic focus on the innovation process. Inventing new market opportunities.
9. Roles and functions of knowledge intensive business services in terms of innovation. Implementation of knowledge intensive business services in Slovak companies.
10. Continuous written test.
11. Results of surveys in industrial enterprises.
12. Selection of processes for reengineering and creation of a map of business processes.
13. The approach of manufacturing companies in the Slovak Republic to the introduction of innovations. Presentations of proposals of groups of students for the introduction of innovations in a particular Slovak company.
Support literature
Elementary literature:
1. DUĽOVÁ SPIŠÁKOVÁ, E. - SABADKA, D. Inovácie výroby a výrobkov. Košice: Technická univerzita v Košiciach, 2020. 252 s. ISBN 978-80-553-3754-8.
2. SPIŠÁKOVÁ, Emília. Inovačné aktivity podnikov, možnosti financovania inovácií a ich reálne využitie. Košice : Technická univerzita v Košiciach, 2010. 228 s. ISBN 978-80-553-0587-5.
3. KOVÁČ, Milan - SABADKA, Dušan - DUĽOVÁ SPIŠÁKOVÁ, Emília. Inovácie : návody na cvičenia II : učebný text. 1. vyd. Košice : Strojnícka fakulta Technickej univerzity v Košiciach, 2015. 100 s. ISBN 978-80-553-2033-5.
4. DUGAS, J. – FERENCZ, V. 2015. Manažérstvo inovácií. Bratislava : Vydavateľstvo EKONÓM, 2015. 252 s. ISBN 978-80-225-4178-7.
5. KNOŠKOVÁ, Ľ. 2015. Riadenie inovačných procesov. Bratislava : Vydavateľstvo EKONÓM, 2015. 124 s. ISBN 978-80-225-4008-7.
6. GUBOVÁ, K. 2016. Manažment inovácií v podniku. Praktikum Bratislava : Vydavateľstvo EKONÓM, 2016. 122 s. ISBN 978-80-225-4374-3.
Supplementary literature:
7. TIDD, J. – BESSANT, J. R. 2018. Managing Innovation: Integrating Technological, Market and Organizational Change. WILEY, 2018. 6. vyd., 608 s. ISBN: 978-1-119-37945-4.
8. LESÁKOVÁ, Ľ. et al. 2017. Inovácie v činnosti malých a stredných podnikov v Slovenskej republike. Banská Bystrica : Belianum. Vydavateľstvo Univerzity Mateja Bela v Banskej Bystrici, 2017. 326 s. ISBN 978-80-557-1347-2.
9. DODGSON, M. 2015. Oxford Handbook of Innovation Management. Oxford University Press, 2015. 720 s. ISBN: 9780198746492.
10. MAJTÁN, M. - MIZLA, M. - MIZLA, P. Využitie simulácii pri manažovaní projektov. In Ekonomický časopis : časopis pre ekonomickú teóriu, hospodársku politiku, spoločensko-ekonomické prognózovanie = journal for economic theory, economic policy, social and economic forecasting. - Bratislava : Ekonomický ústav SAV : Prognostický ústav SAV, 2014. ISSN 0013-3035, 2014, roč. 62, č. 5, s. 508-521. VEGA 1/0328/13.MIZLA, M. Innovation and its potentials. In Acta Oeconomica Cassoviensia : scientific journal. - Košice : PHF EU Košice, 2013. ISSN 1337-6020, 2013, roč. 6, č. 1, s. 82-92.
11. ŠOOŠ, Ľ. - FERENCZ, V. - DUGAS, J. Innovative management techniques in the field of environmental education. - Registrovaný: Web of Science. In International conference on new horizons in education. Procedia Social and Behavioral Sciences : international conference on new horizons in education, INTE 2014: 25-27 June 2014, Paris, France. - [s.l]. : Elsevier, 2015. ISSN 1877-0428, 2015, vol. 174, pp. 3542-3546 online.
12. DUGAS, J. - SEŇOVÁ, A. - DUGAS, J., ml. - ZÁVADSKÝ, C.. Innovation processes and their informational provision. In Acta Oeconomica Cassoviensia : scientific journal. - Košice : PHF EU Košice, 2017. ISSN 2585-8785, 2017, vol. 10, no. 2, s. 23-34 online.
Syllabus
Lectures: 1. Definition of basic concepts in the field of innovation and classification of innovations. 2. Approaches to innovation and innovation models. 3. The need for innovation. Evaluation of innovation opportunities. 4. Innovation process. Product life cycle. 5. Product innovation development phase. 6. Management of innovation activities and techniques of IMTs. 7. Organizing in the innovation process. 8. Risks, effects, failure and success of innovation activities. 9. Barriers to innovation. 10. Private sources of financing innovation activities. 11. Public sources of financing innovation activities. 12. Support for innovation activities from European Union funds. 13. Documents supporting innovation activities. Seminars: 1. Trends in economic development in the transformation process. 2. Development of progressive branches of industry (engineering, electrical engineering, chemical industry, etc.) Defining a new business space, a new business strategy. 3. Valent's innovation spectrum. Identification of the main types of losses in the production process. Implementation of 7 series of innovations in a concrete form. 4. Implementation of innovation management techniques in companies. Identification of the main barriers to innovation management. Application of creativity and technological support techniques. 5. Functional model of the innovation process in the company. Proposal of new organizational structures in assigned specific Slovak companies. 6. Parallel model of product development and its characteristics. Defining evaluation criteria. 7. Classical and modern approaches to innovation. Schumpeter's innovative models. Creation of new products, definition of new production methods, finding new sources of offers, surveys of new markets, introduction of new ways of organizing trades. 8. Use of models according to Schmookler, Rothwell and Beijeov. Updating the strategic focus on the innovation process. Inventing new market opportunities. 9. Roles and functions of knowledge intensive business services in terms of innovation. Implementation of knowledge intensive business services in Slovak companies. 10. Continuous written test. 11. Results of surveys in industrial enterprises. 12. Selection of processes for reengineering and creation of a map of business processes. 13. The approach of manufacturing companies in the Slovak Republic to the introduction of innovations. Presentations of proposals of groups of students for the introduction of innovations in a particular Slovak company.
Requirements to complete the course
Seminars – total 40 %, of which:
• semester test – 30 %
• semester work (individual and team presentation) – 10 %
Exam – total 60 %
To meet the conditions of continuous assessment, it is necessary to process the semester work, which is evaluated so that 90 % of the assessment for the semester work represents creativity and 10 % represents technical, stylistic, grammatical and other aspects.
Student workload
130 hours
• participation at lectures: 26 hours
• participation on seminars: 26 hours
• preparation of semester work: 13 hours
• preparation for semester tests: 26 hours
• preparation for exam: 39 hours
Language whose command is required to complete the course
Slovak
Date of approval: 11.03.2022
Date of the latest change: 17.12.2022