30222 - NEW PRODUCT DEVELOPMENT AND OPEN INNOVATION
CLEAM - CLEF - CLEACC - BESS-CLES - BIEMF
Department of Management and Technology
Course taught in English
EMANUELA PRANDELLI
Course Objectives
Despite the increasing relevance of innovation strategies and new product and service development, few companies seem to have mastered their ability to identify, create and exploit opportunities for innovation on a systematic basis. Crafting and delivering either a new product or a new service is not an easy and intuitive process, but the result of a set of structured and organized practices. This course aims at exploring these practices and at exploiting the tools and techniques that can be used to this purpose.
The New Product Development and Open Innovation course is organized in two main parts.
The first one provides a set of integrated frameworks and tools to effectively design and manage the strategies, processes, and techniques for innovation. It provides the conceptual tools to understand the nature and characteristics of different types of innovation, as well as practical insights on how to design and manage a new product and service development process. The second part of the course is focused on how digital environments can help companies to open their boundaries and pursue processes of open and collaborative innovation, involving several external partners in their new product and service development activities. Special attention is paid to the role of users in enhancing innovation and to ad hoc mechanisms supporting their active involvement, among which user communities, virtual knowledge brokers, and Open Source Systems.
Course Content Summary
- Innovation strategy:
- Defining innovation strategies.
- New product development as a proactive process.
- Opportunities identification and development:
- Market analysis and identification of innovation opportunities.
- Idea generation: concept and tools.
- New product design and test:
- New concept development and test: concept and techniques.
- New product design: concept and methods.
- New product launch: strategies and tools.
- Developing a new service:
- The peculiarities of service markets.
- Creating and testing a new service concept.
- Open and collaborative innovation:
- Technologies for innovation development.
- ICT for hierarchical innovation.
- Methodologies for absorbing customer knowledge.
- Open innovation models.
- Virtual communities.
- Knowledge brokers and virtual knowledge brokers.
- Open Source Systems.
Case studies and guest speakers also characterize the course lectures.
Detailed Description of Assessment Methods
Attending students
Grades computed as follows:
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Written examination - 70% of the overall grade
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Final group project - 30% of the overall grade
Non attending students
Written exam based on the textbooks - 100%
Textbooks
Attending Students
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E. Prandelli, M. Sawhney, G. VERONA, Collaborating with Customers to Innovate, Edward Elgar, 2008
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Second book to be defined
Non Attending Students
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E. Prandelli, M. Sawhney, G. VERONA, Collaborating with Customers to Innovate, Edward Elgar, 2008
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Second book to be defined