Management and funding of innovation

Vyučujúci

Zaradený v študijných programoch

Výsledky vzdelávania

The aim of the course is to provide students an advanced knowledge in the field of management and financing of innovation with a link to practical examples and case studies in this area. It is necessary to work with current statistical data and monitor current trends in innovation not only in Slovakia but also around the world, by analyzing scientific work from the Web of Science and Scopus databases.
Knowledge:
Students will gain basic knowledge in the field of innovation and its management, as well as the ability to understand the possibilities of financing innovation activities, identify risks and barriers to the introduction of innovations on the market. They will acquire knowledge in the field of evaluation of economic effects of innovations and costs associated with the innovation process. They will also gain knowledge in the field of evaluation of innovation performance and methodology of creating innovation index, but also in the field of new trends in innovation.
Competence:
By completing the course, students will gain the ability to think abstractly, analytically and economically, especially through the connection of theoretical knowledge with practical examples. Based on the findings and available current information, students will be given space to express and present their attitudes and opinions how to increase innovation activity of enterprise and innovation performance of whole country. Students will also gain the ability to search, process, analyze and evaluate information in the field of research, development and innovation from various statistical sources and apply the conclusions in practical situations.
Skill:
Students are able to apply the acquired knowledge in creating an innovation project. At the same time, they develop the ability to search for, analyze and systematically process statistical and other data necessary for the management and financing of innovation activities. They will also improve their presentation and communication skills through regular evaluations and analysis of scientific papers in teamwork. Students are able to work with databases Eurostat, OECD, World Bank.

Stručná osnova predmetu

1. Innovation idea and the process of creating innovations.
2. Product innovation. Innovation of production system.
3. Financing of innovation, research and development
4. Economic effects of innovation. Innovation barriers and risks associated with the innovation process.
5. Institutional support for innovation. Innovation potential and its specifics.
6. Management of innovation and innovation process. Methods and techniques of innovation management
7. Evaluation of innovation activity and innovation performance
8. Current trends in innovation

Odporúčaná literatúra

1. SPIŠÁKOVÁ, Emília. Analysis of innovation activity of Slovak and Czech enterprises. Registrovaný: Web of Science. In Quality Innovation Prosperity. Košice : Technická univerzita v Košiciach. ISSN 1335-1745, 2010, vol. 14, no. 1-2, pp. 42-56 online
2. Agarwal, N. - Brem, A. Frugal Innovation and Its Implementation. Springer. 2021. ISBN 978-3-030-67119-8.
3. Daniel, D. - Brecht, L. - Ramosaj, B. Process Innovation: Enabling Change by Technology. Springer, 2018. ISBN 978-3-662-56555-1
4. Hock-Doepgen, M. - Clauss, T. et al.: Knowledge management capabilities and organizational risk-taking for business model innovation in SMEs. In: Journal of Business Research, Vol. ‏ 130, pp. 683-697, 2021
5. Ferraris, A. - Giachino, C. - Ciampi, F. - Couturier, J.: R&D internationalization in medium-sized firms: The moderating role of knowledge management in enhancing innovation performances. In: Journal of Business Research, Vol. ‏ 128, pp. 711-718, 2021
6. Zhu, E. - Zhang, Q. - Sun, L. Enterprise Financing Mode and Technological Innovation Behavior Selection: An Empirical Analysis Based on the Data of the World Bank's Survey of Chinese Private Enterprises. In: Discrete dynamics in nature and society. 2021
7. Tidd, J. – Bessant, J. R. Managing Innovation: Integrating Technological, Market and Organizational Change, 6th Edition. US: Wiley. ISBN: 978-1-119-37945-4, 2018. pp. 608
8. Dodgson, M. Oxford Handbook of Innovation Management. Oxford University Press, 2015. pp. 720.
9. DUĽOVÁ SPIŠÁKOVÁ, Emília - GONTKOVIČOVÁ, Barbora - MURA, Ladislav - HAJDUOVÁ, Zuzana. R & D in the context of Europe 2020 in selected countries. - Registrovaný: Web of Science. In Economic computation and economic cybernetics studies and research. - Bucharest : The Bucharest University of Economic Studies. ISSN 1842-3264, 2017, vol. 51, no. 4, pp. 243-261
10. EUROPEAN COMMISION - European Innovation Scoreboard.
11. EUROPEAN COMMISION - Regional Innovation Scoreboard.
12. Global Innovation Index

Sylabus predmetu

1. Innovation idea and innovation creation process - innovation idea and innovation creation process, innovation process, basic information sources for innovation activity, testing and evaluation of innovation ideas, procedure for analysis of innovation opportunities, study of innovation feasibility. Work with the scientific article on the issue. 2. Product innovations - product life cycle, costs of innovations, process of preparation of a new product, stages of product development phase, competitiveness of innovated products. Work with the scientific article on the issue. 3. Innovations of production system - technology innovations, logistics innovations, innovative directions in the field of production technology. Work with the scientific article on the issue. 4. Financing of innovation, research and development - private and public sources of financing. Work with the scientific article on the issue. 5. Economic effects of innovation - costs of the innovation process. Innovation barriers and risks associated with the innovation process. Work with the scientific article on the issue. 6. Institutional support for innovations - institutional background for innovations in Slovakia and in the EU, framework programs of support for innovation activities, RIS3 strategy. Work with current documents of the Slovak Republic and the European Union. 7. Innovation potential and its specifics - innovation potential and its specifics in business, methodologies of evaluation of innovation potential, model of innovation potential. Work with the scientific article on the issue. 8. Innovation and innovation process management - object, degrees of innovation management, innovation efficiency and success of innovation process. Work with the scientific article on the issue. 9. Methods and techniques of innovation management - identification of techniques and innovation management, verification techniques, techniques focused on innovations in production. Work with the scientific article on the issue. 10. Evaluation of innovation activity and innovation performance - Summary Innovation Index, Global Innovation Index. Analysis of the creation of innovation index. Assessment of input parameters. 11. Current trends in innovation - lean enterprise methodology, aspects of integrated intelligent manufacturing, digital transformation and Industry 4.0, Smart Factory, Smart Industry trends. Work with the scientific article on the issue.

Podmienky na absolvovanie predmetu

30% - active participation in colloquia, presentation of a selected topic
30% - research study
40% - final exam

Pracovné zaťaženie študenta

Participation in colloquia: 16 hours
Preparation for colloquia: 44 hours
Elaboration of a research study: 100 hours
Preparation for the final exam: 100 hours

Jazyk, ktorého znalosť je potrebná na absolvovanie predmetu

English language

Dátum schválenia: 20.12.2022

Dátum poslednej zmeny: 20.12.2022

Dátum schválenia: 20.12.2022

Dátum poslednej zmeny: 20.12.2022