Driving Sustainable Growth with Innovation Capital

About the course

The course aims to provide participants with the knowledge and skills necessary to fully realise the strategic potential of managing intellectual capital and innovation within their organisations and drive sustainable growth. Participants will be able to evaluate the ROI of investing in R&D&I and align innovation capital with organisational objectives and the business plan. This course includes live online training sessions where participants will interactively work on given assignments.

Completing this course will equip you to:

Explain the relationship between innovation capital and the other components of intellectual capital
Examine how different types of innovations can be integrated into various business models
Propose activities to align innovation capital with organisational objectives and the business plan and drive sustainable growth
Evaluate the effects and ROI of investing in R&D&I on organisational performance with appropriate metrics for quantifying innovation capital.

Senior executives, managers, innovation leaders, R&D managers, entrepreneurs, and professionals seeking to advance their understanding of innovation capital management and wish to innovate responsibly and sustainably.

Course content

Announcements
Counselling (students' questions & concerns)
Course Introduction
Ice Breaking Activity!

Unit 1.1. Definitions and elements of innovation
Unit 1.2. Definition of innovation capital
Unit 1.3. Impact on Economic and Financial Sustainability Innovation capital has
Unit 1.4. Innovation Management and Leadership skills
Self-assessment of intellectual capital, investments in research, innovation potential

Unit 2.1. Exploring different types of innovation
Unit 2.2. Identification of fields with innovation potential in your company
Unit 2.3. Open and closed R&D Centres
Unit 2.4. Sustainability – lead Innovation
Unit 2.5. Customer-/market-centric innovation
Unit 2.6. Product and process innovation

Unit 3.1. CO-IN model on micro and macro level
Unit 3.2. Potential of these collaborations, examples
Unit 3.3. Survey - assessment of the collaboration your company has with educational and research organisations
Unit 3.4. Embracing Open Innovation and Collaboration
Unit 3.5. Applied research projects as a method for potential innovations
Developing a joint applied research project
Assignment - Creating an applied research project relevant to your company
Plan for future collaborations

Unit 4.1. Roles of company profiles (senior managers, mid-managers, operation managers, etc.) involved in innovation capital planning and management
Unit 4.2. Preparation of a mid-term innovation capital management plan
Unit 4.3. Resources for implementation
Unit 4.4. Funding of implementation
Unit 4.5. Monitoring and tracking the progress and impacts

Enrolment options