SOI-058 Innovation Ecosystems (blended)

Innovation ecosystem offers the bedrock for the understanding of complex systems facing innovation challenges. The course opens by introducing the concept of innovation and ecosystem and explores the different models of ecosystems in management studies and local development. The course enables the students to better understand the evolving set of actors, activities, and artifacts, but also institutions and relations making up innovation. This course will support students with new approaches to handle complexity. Moreover, the course explores how the different components of an innovation ecosystem work together for the innovative performance of an actor or a population of actors. At the core of the course students have slides and few compulsory papers. The course also integrates and deepens students’ knowledge and skills through a group project that requires them to innovate by finding solutions to challenging social problems using tools taught in the class.

Step into the realm of innovation, where risks and opportunities intertwine, shaping the very essence of progress.

Innovation is a high-risk process. To understand and manage opportunities and risks characterising innovation processes, it is important to understand how innovation emerges and why across the industry boundering supporting innovation processes. Applying an ecosystemic approach to innovation helps to reduce costs and increase novelty. However, new approaches are needed to handle complexity. This is particularly important to design effective strategies to solve challenges related to both business and society.

Lectures, case analyses and teamwork