Corporate Innovation Management

Corporate Innovation Management Seminar

About the Seminar

This course is a graduate level seminar in Corporate Innovation Management for post-bachelor ...

The Working Papers are a crucial part of the seminar work and the grade, read more ...

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You will find the latest information and downloads for the seminar below here ...

Information to Seminar Participants

Dear Participants,

 

Welcome to the the Corporate Innovation Management seminar of the University of Cologne.

 

This course is a graduate level seminar in Corporate Innovation. It is designed for students that have already passed their bachelor exams. The course focusses on the innovation processes and tools in larger corporations and not primarily on start-up companies and venture capital. The course will be held in English and focusses on the following areas of Corporate Innovation Management:

 

  •  Concepts of Innovation in Economics and Business Administration
  •  Innovation Strategy & Corporate Strategy
  •  Structuring the Organization and the Innovation Process
  •  Sources of Innovation
  •  Searching & Forecasting
  •  Selection and Management of Innovation Activities
  •  Capturing the Value of Innovation
  •  Applications and Models of Corporate Innovation Management

 

The seminar will be concluded with a working paper that should be done as teamwork The papers will be presented and discussed in the last session of the seminar.

 

You can contact me by e-mail at torsten.amelung@gmail.com especially on urgent matters and if you want to have an appointment for a phone call or a video meeting. Please note that I might NOT check my other email account tamelung@uni-koeln.de on a daily basis. If you want to talk to me on the phone or on the video, please send me an email with the cell phone number that I need to call and please suggest 3 time slots. Any information shared during these calls, which is of general interest for other participants, will be added to this website and marked in yellow.


As part of this seminar you need to write and submit a seminar working paper. This quality of this paper will determine your grade.

For more details see the section Working Papers on this website. 


SCHEDULE FOR THE WINTER TERM 2023/2024
 

  • 09.10.2024, 15 – 18 h
  • 16.10.2024, 15 – 18 h

  • 23.10.2024, 15 – 18 h
  • 05.11.2024, 15 – 18 h
  • 12.11.2024, 15 – 18 h
  • 19.11.2024, 15 – 18 h
  • 26.11.2024, 15 – 18 h
  • 28.01.2025, 15 – 18 h Presentation of Working Papers
  • 31.01.2025, until 24:00 h (midnight): Submission of Seminar Working Papers

 
The overview and the slide deck for the seminar can be downloaded here Slide Deck Part I and Slide Deck Part II.


Hope to see you soon,

Torsten Amelung

 

Contact:
torsten.amelung@gmail.comlinkedin.com or xing.com

 

 

 

      

Seminar Working Papers

 

 

For the Working Papers there is an important file, i.e. the Help File which can be dowloaded here. This is a document with additional information.

 

The following key question are supposed to give you some guidance. The questions are not supposed to determine a structure for your paper but rather should give you some food for thought that is supposed to help you to process the literature and develop a deeper understanding of the subject.

 

S1 Innovation in Family–owned Companies (FCs)

 

  • How do FCs address the issue of sustainability and innovation over a period of decades?
  • How do FCs handle the organizational obstacles facing new innovation activities?
  • What are the pros and cons of FOCs compared to large corporations?

 

 

S2 “Group Think” and organizational failure in Corporate Innovation

 

  • In which way does “Group Think” impact on the innovation capacity of a company?
  • How does “Group Think” impact on the different processes that are essential for innovation management?
  • How can “Group Think” be avoided or managed?

 

 

S3 Strategic Human Capital Management and the Impact on Innovation

 

 

  • How is talent acquisition and talent retention to be managed in a company that is dependent on its high innovative capacity?
  • How do tech companies and fast growing enterprises manage their hiring processes?
  • How can recruitment, compensation & benefits be set up to increase the innovative capacity of a company and how can diversity be increased and sustained?

 

 

S4 Corporate Venture Capital as an Innovation Tool

 

  • Why would Corporates need to engage in building up a separate venture unit rather than running these activities as an integral part of their core business?

  • What are the preconditions for a sound structural set-up for a Corporate Venture Unit?
  • How does the corporation balance the trade-off between corporate learning and lean processes?

 

 

S5 Blue Ocean Strategies

 

  • What is the underlying idea of the Blue Ocean Strategy and what is the role of innovation in setting up this strategy?
  • Which corporations did follow an innovation-heavy Blue Ocean Strategy?
  • What is needed to make sure that the Blue Ocean Strategy gives a long term competitive edge to the company compared to potential competitors that would be following a similar strategy?

 

 

S6 Innovation in Tech Companies and Applications to other Industries

 

  • What are the specific differences between tech companies & exponential and normal organisations?

  • What is the role of innovation in exponential organisations compared to conventional corporations?

  • Which part of the innovation processes in tech and exponential could be successfully implemented in conventional corporations and which one are likely to fail?

 

 

S7 Innovation as a Tool for Sustainability

 

  • How can companies increase their chances of survival and which of these factors are linked directly or indirectly to innovation management?
  • How does such a process increase the organizational resilience of a company?
  • What is the role of process innovation and product innovation in sustainable strategies? Which tools and management techniques can ensure a sustainable innovation management process?

 

 

S8 Collaboration and Its Impact on Innovation

 

  • In what ways is internal and external collaboration a major driver of innovation?
  • How can collaboration be enhanced in corporate structures? How can resistance be managed?
  • How is team work to be embedded into the organization and which principles are needed to make team work successful? What obstacles are likely to be expected and how can they be solved?

 

S9 The Impact of AI on the Design and Implementation of Corporate Innovation Strategies

 

  • How does AI impact on the search and the implementation of Corporate Innovation Strategies?
  • How can AI assist on internal and external collaboration as major driver of innovation?
  • What are the limitations of AI with respect to developing possible futures?
  • What are the risks of AI solutions being embedded in the innovation process?

 

 

 

 

 

Extended List of Literature for Seminar Working Papers (please refer also to the Help File)

 

Textbook including basic information
Tidd, J., Bessant J. (2014), Strategic Innovation Management. Chichester (West Sussex), Wiley. (5 copies available in the University Library

 

More in the Help File
 

Books & Articles relating to the specific Seminar Papers:


S1 Innovation in Familiy-owned companies
 

  • Nieto, M.J. Santamaria, L., Fernandez, Z. (2013), Understanding the Innovation Behavior of Family Firms. Journal of Small Business Management, pp. 1-18. (S1)
  • Zoltan J. Acs and David B. Audretsch (1988), Innovation in Large and Small Firms: An Empirical Analysis, The American Economic Review, Vol. 78 (4), 678-690.
  • Craig, J.B.L, Moores, K. (2006), A 10-Year Longitudinal Investigation of Strategy, Systems, and Environment on Innovation in Family Firms. Family Business Review, 19 (1), 1–10.
  • More in the Help File

 

 

S2 Group Think and Organizational Failure in Corporate Innovation

 

  • Janis, I.L. (1982), Groupthink. Boston: Houghton Mifflin.
  • von der Gracht, H.A, Vennemann, C.R, Darkow, I.L. (2010),Corporate foresight and innovation Management: A portfolio-approach in evaluating organizational development. Futures, Vol. 42 (2010), 380–393
  • Kotter, John P. (1996). Leading Change. Harvard Business SchooI Press.
  • More in the Help File

 

 


S3 Strategic Human Capital Management

 

  • Bogers, M., Foss, N.J., Lyngsie, J. (2017), The Human Side of Open Innovation: The Role of Employee Diversity in Firm-level Openness. Research Policy. 217-231, online.

  • Subramaniam, M. Youndt, M.A. (2005), The Influence of Intellectual Capital on the Types of Innovative Capabilities. Academy of Management Journal, 48 (3), 450-463.

  • Haneda, S., Ito, K.(2018), Organizational and Human Resource Management and Innovation: Which Management Practices are linked to product and/or Process Innovation? Research Policy, 47 (2018), 194-208, online.

  • Schmidt, E., Rosenberg J. (2014), How Google Works. London: John Murray.

  • Campbell, A. et al. (2014), Strategy for the Corporate Level. San Francisco: Jossey-Bass.

  • More in the Help File


 

S4 Corporate Venture Capital as an Innovation Tool

 

  • Brigl, M., Roos, A. et al.(2014), The Incubators, Accelerators, Venturing and More. Boston Consulting Group. In: BCG Perspectives (S4)
  • Bielesch, F., Dinesh K. et al. (2012), Corporate Venture Capital. The Boston Consulting Group. In: BCG Perspectives. (S4)
  • MacMillan, I., Roberts E., Livada, V. Wang, W. (2008), Corporate Venture Capital (CVC) – Seeking Innovation and Strategic Growth. National Institute of Standards and Technology (NIST). Online.
  • More in the Help File
     

 

S5 Blue Ocean Strategies

 

  • Campbell, A. et al. (2014), Strategy for the Corporate Level. San Francisco: Jossey-Bass.
  • Kim, W.C.; Mauborgne, R. (2005). Blue Ocean Strategy. Harvard Business School Press.
  • More in the Help File

 

 

S6 Innovation in Tech Companies and Applications to other Industries

 

  • Brigl, M., Roos, A. et al.(2014), The Incubators, Accelerators, Venturing and More. Boston Consulting Group. In: BCG Perspectives

  • Dunne, D., Martin, R. (2006), Design Thinking and How It Will Change Management Education: An Interview and Discussion. Academy of Management Learning & Education, 2006, Vol. 5, No. 4, 512–523.

  • Ismail, S. et al. (2014), Exponential Organizations. New York: Diversion

  • Rifkin, J. (2014), The Zero Marginal Cost Society. New York: St. Martin’s Press

  • Schmidt, E., Rosenberg J. (2014), How Google Works. London: John Murray.

  • More in the Help File


 

S7 Innovation as a Tool for Sustainability

 

  • Collins, J. (2001), Good to Great. New York: Harper

  • Collins, J., Hansen M.T. (2011), Great by Choice. New York: Harper Collins.

  • Kotter, John P. (1996). Leading Change. Harvard Business SchooI Press.

  • More in the Help File

 

S8 Collaboration and its Impact on Innovation

 

  • Hansen, M.T. (2009), Collaboration. Boston: Harvard Business School Publishing.

  • Fidel, P ,Schlesinger,W, Cervera, A. (2015) ,Collaborating to Innovate: Effects on Customer Knowledge Management and Performance. Journal of Business Research (online)

  • Formal Requirements regarding Seminar Working Papers:

  • Length of the papers should be minimum 10 and maximum 15 pages (excluding cover page, references and appendices).

  • Formal requirements include font size 10, line spacing 1,5 and margins of minimum 2 cm on the top, bottom, right and left (all minimum values).

  • More in the Help File
     

 

S9 The Impact of AI on the Design and Implementation of Corporate Innovation Strategies
 

  • Iain M. Cockburn, Rebecca Henderson, Scott Stern (2018), The Impact of Artificial Intelligence on Innovation: An Exploratory Analysis, December 2018, DOI: 10.7208/chicago/9780226613475.003.0004,In book: The Economics of Artificial Intelligence
  • Pedro Miguel Costa Catarina Almeida (2024), Innovations in AI and Their Impact on Software Engineering and Beyond www.researchgate.com, June 2024
  • Prachant Sen, Anil Impalapure (2023), The Impact of AI and Machine Learning on Innovation: A Comparative Overview. The Impact of AI and Machine Learning on Innovation: A Comprehensive Review https://www.researchgate.net/publication/372751618_The_Impact_of_AI_and_Machine_Learning_on_Innovation_A_Comprehensive_Review?_tp=eyJjb250ZXh0Ijp7ImZpcnN0UGFnZSI6InB1YmxpY2F0aW9uIiwicGFnZSI6InNlYXJjaCIsInBvc2l0aW9uIjoicGFnZUhlYWRlciJ9fQ, July 2023

 

 

 

 

 

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Dr. Torsten Amelung - Profile

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