In the modern knowledge economy, various forms of new knowledge, especially in technology, are critical factors underlying industrial innovation, competitiveness, and economic growth.

Through a combination of an advanced level of business management and economics in relation to engineering knowledge, you will be trained to analyse, understand and skillfully manage innovation processes in companies and other areas of society. This programme focuses on how and why companies innovate to compete and how companies can reap financial returns from their investments in innovation.

Programme description

Innovation processes present challenges and opportunities for a range of different organisations, such as established firms, new entrepreneurial firms, universities and government agencies. Industry, as well as society, therefore need managers and employees who not only have scientific and engineering training but who also have acquired a thorough understanding of the innovation process and how it can be handled in a financially successful way.

At the intersection between technology, management and economics, the overall purpose of the programme is to train you to skillfully analyse and manage innovation and renewal. After having completed the programme, you should be able to:

• Analyse and understand how and why innovations, technical and scientific information and knowledge interact with market and economic forces.
• Identify, formulate and solve problems related to innovation and renewal activities involving technological, economic, organisational and institutional change.
• Handle and execute strategies and practical implementation for innovation and renewal by applying state-of-the-art research and management methods and tools.
• Lead, interact and communicate with qualified professionals within and outside their own organisations and/or their own knowledge field.

Together with committed teachers, that include you as a student in their research and students from various engineering disciplines, this programme creates a base for developing yourself and your ability to lead and develop organisations. In addition, you learn and use tools and frameworks for developing new technologies into viable businesses.

Career opportunities

Future career opportunities will primarily be found in the business sectors, including large multinational firms as well as small technology- based firms. Examples of occupations include management consultancy, technology/industry analysis, project management, product development, R&D management, business development, corporate venturing, hi-tech entrepreneurship and venture capital. Interesting job opportunities also exist in government policy-making agencies, non- government organisations, universities and institutions commercialising science and technology.