A Scientific Approach to Innovation Management

How can innovators understand if their idea is worth developing and pursuing? In this course, we lay out a systematic process to make strategic decisions about innovative product or services that will help entrepreneurs, managers and innovators to avoid common pitfalls. We teach students to assess the feasibility of an innovative idea through problem-framing techniques and rigorous data analysis labelled ‘a scientific approach’. The course is highly interactive and includes exercises and real-world applications. We will also show the implications of a scientific approach to innovation management through a wide range of examples and case studies. This video is part of a project that has received funding from the European Research Council (ERC) under the European Union’s Horizon 2020 research and innovation programme (Grant agreement No. 101021061)

• Assess feasibility of innovative ideas using problem-framing techniques
• Apply rigorous data analysis for strategic decision-making
• Use scientific approach in innovation management to avoid common pitfalls

• No prerequisite required. Basic notions of probability and statistics might facilitate learning