MMI 1080 -- Management of Technology

This is a course in innovation and entrepreneurship, intended in a very broad way. The overall philosophy of the course is that having a good idea, which could possibly create value, is often not enough unless you are able to capture at least part of the created value and deliver it to your customers. Therefore a good idea also requires innovations in the organizational form, the way we compete, how we obtain financial resources, and so on. All of these themes need to be analyzed in order to understand how an idea can be successful in the market. In addition, these challenges are for the most part common to established firms as well. Thus we will stress these similarities but also study the differences between developing a new idea in a stand-alone company and in an established firm.