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Course 2011-2012 a.y.

30222 - NEW PRODUCT DEVELOPMENT AND OPEN INNOVATION


CLEAM - CLEF - CLEACC - BESS-CLES - BIEMF
Department of Management and Technology

Course taught in English


Go to class group/s: 31

CLEAM (6 credits - I sem. - OP  |  SECS-P/08) - CLEF (6 credits - I sem. - OP  |  SECS-P/08) - CLEACC (6 credits - I sem. - OP  |  SECS-P/08) - BESS-CLES (6 credits - I sem. - OP  |  SECS-P/08) - BIEMF (6 credits - I sem. - OP  |  SECS-P/08)
Course Director:
EMANUELA PRANDELLI

Classes: 31 (I sem.)
Instructors:
Class 31: EMANUELA PRANDELLI


Course Objectives

Despite the increasing relevance of innovation strategies and new product development, few companies seem to have mastered their ability to identify, create and exploit opportunities for innovation on a systematic basis. Crafting and delivering a new product 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 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 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 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.
  • 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 will be computed as follows:
  • Written examination: 70% of the overall grade
  •  Final group project - 30% of the overall grade

Non attending students

Written exam based on the textbooks - 100%

Textbooks

Attending Students

  • E. Prandelli, M. Sawhney, G. VERONA, Collaborating with Customers to Innovate, Edward Elgar, 2008
  • M. Schilling, Strategic Management Of technology and Innovation, McGraw Hill, 2009 (selected chapters).

Non Attending Students

  • E. Prandelli, M. Sawhney, G. VERONA, Collaborating with Customers to Innovate,  Edward Elgar, 2008 
  • M. Schilling, Strategic Management Of technology and Innovation, McGraw Hill, 2009
Last change 06/06/2011 14:57