Since innovation is essential for business growth, it is necessary to adopt innovation management as a key competence. The main goal of the Innovation Management course program is to prepare students for managerial and research careers in a modern dynamic market environment, so that they master the essence of the management process combined with advanced understandings of innovation and entrepreneurship. Also, the goal of this program is to help students advance innovation in their companies by expanding their competencies in general management and leadership, with a special focus on technology management. In fact, this program forms a bridge between technology, innovation, management and leadership.

The program enables students to acquire knowledge and practical key skills for innovation management. By mastering this program, students are expected to have the ability to master the process of innovation management, primarily in industry and the service sector, and to be able to precisely direct the development of new products and services that provide a sustainable competitive advantage in a turbulent market environment.

Innovation process, from idea to commercialization. Sources of innovation. Creativity and innovation. Four main types of innovation: production, service, process and business. Design Thinking. Innovation and research and development strategies. New technology management. Technology and development. Ecologically similar innovations. The impact of information technology on people, organizations and society. Open sources of innovation. Sociological aspects of technology, work and innovation. Innovation and entrepreneurship. Knowledge management. Virtual organizations. Project innovation management. Technological assessment and forecasting. Measuring innovation. Innovation monitoring and control. Intellectual property rights: patent preparation, licensing, etc. State and innovation: an international comparison. International technology transfer.

Practical classes consist of a seminar paper, discussions on exercises and analysis of industrial cases from domestic and foreign practice. Special attention will be paid to the issue of technological innovation as a key factor of competitiveness. In addition, practical work includes consultations and preparation of seminar work.

At least 60 points, with special emphasis on seminar work and discussions on exercises.

Handouts, electronic databases, electronic books, preparatory materials on the website of the department ie.mas.bg.ac.rs

Total assigned hours: 65

New material: 40
Elaboration and examples (recapitulation): 10

Auditory exercises: 0
Laboratory exercises: 0
Calculation tasks: 0
Seminar paper: 0
Project: 0
Consultations: 0
Discussion/workshop: 0
Research study work: 0

Review and grading of calculation tasks: 0
Review and grading of lab reports: 0
Review and grading of seminar papers: 10
Review and grading of the project: 0
Test: 0
Test: 5
Final exam: 0

Activity during lectures: 10
Test/test: 0
Laboratory practice: 0
Calculation tasks: 0
Seminar paper: 30
Project: 0
Final exam: 60
Requirement for taking the exam (required number of points): 30

Jan Van Den Ende. Innovation Management, MacMillan International, 2021; M.A. Schilling, Strategic Management of Technological Innovation, 6th Edition, McGraw Hill, 2020; Tidd, J., Bessant, J., Strategic Innovation Management, Chichester : Wiley, 2014, ISBN: 978-1-118-86333-6; Harrington, H.J, Voehl, F., Total Innovative Management Excellence (TIME): The Future of Innovation (Management Handbooks for Results) 1st Edition, Kindle Edition, 2020. ISBN-13: 978-0367432423