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Innovation Management and Entrepreneurship
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Summary of the Profile
Objective(s) of a study programme:
To provide the latest management and entrepreneurial knowledge and to develop competence to design, implement and manage innovative processes in organisations and to start and develop innovative businesses in Lithuania and worldwide.
Description of the study programme: https://admissions.ktu.edu/programme/m-innovation-management-and-entrepreneurship/
Learning outcomes:
Knowledge and its application:
Able to apply the newest management theories and concepts that underlie innovation management, the functioning of organizations and business development in a global and constantly changing environment.
Able to design innovative solutions for products, processes, business models and new business development, assessing their impact on the organization and stakeholders.
Able to solve complex management problems, assessing global trends in economic, social, political, legal, ethical, technological development, features of modern society, the perspective of sustainable operations and the impact of decisions on organizations, business and society.
Skills to carry out research:
Able to design the research of innovative processes and phenomena, by properly choosing research methods.
Able to independently implement theoretical and empirical research in accordance with the principles of research ethics.
Able to systematically evaluate the results of theoretical and empirical research on business development and innovation management and creatively apply them to solve complex tasks of organizational development.
Field-specific skills:
Able to identify potential innovation opportunities, with insightful and entrepreneurial assessment of economic, social, technological and other changes.
Able to initiate innovative change projects, organize their implementation, develop and maintain relations with interested groups.
Social skills:
Able to communicate effectively, fluently and persuasively on issues of management and business development, discuss topics of management science and practice, including arguing business ideas and operational changes, preparation of reports, consulting and expert evaluation of projects and programs.
Able to work individually and in groups, managing his own and others' creative process, taking responsibility for the quality of his own and others' activities, evaluating and improving them, guided by professional ethics and citizenship.
Personal skills:
Able to think systematically, critically and creatively, when making management decisions in situations of varying uncertainty, understands moral and social responsibility for his activities and their ethical consequences.
Able to plan the continuous learning process and independently develop individual and organizational competencies.
Activities of teaching and learning:
The studies include classroom work (lectures, practical work, laboratory work, seminars, outgoing visits to enterprises, etc.) and individual work for mastering theoretical material, preparation for classroom work, intermediate and final assessments and performing other activities. The studies of each study module are completed by the assessment of the student’s knowledge and skills – an examination or another final assessment; the study programme is completed by the final degree project and its defence.
Methods of assessment of learning achievements:
The applied cumulative assessment system of the learning outcomes ensures constant and involving work of students during the entire semester of studies; the final evaluation of the study module consists of the sum of the grades of intermediate assessments and the final assessment multiplied by the weighting coefficients (percentages of components).
Study subjects (modules):
Business Model Innovation, Innovation Management, Intellectual Capital Management, Strategic Management, Business Valuation and Investor Relations Management, Intellectual Property Management, Strategic Project Management, Technology Venturing, Research Project, Scientific Research Design, Master’s Degree Final Project.
Electives: Business Process Management, Quantitative Research Methods, Qualitative Research Methods, Leadership, Digital Business Transformation, Data Analysis Methods, Creative Decision Making, Communication and Negotiation, Circular Economy, Change Management, Challenge-Based Project 2, Challenge-Based Project 1.
Study programme abstract:
A graduate has knowledge of modern management, has learned the research methodology and methods of intellectual business organisation, is able to design and solve specific issues of knowledge and innovation management. The graduate has acquired the integral competencies of intellectual capital management, human resource management at an intellectual organisation, knowledge and innovation management, and intellectual development of an organisation, is able to design and implement research, organise knowledge-based business, and lead groups of specialists and organisations, creating and/or using intellectual product.
Access to professional activity:
The graduate can work in the positions related to innovation management, manage the enterprise’s functional departments, creative teams, business units, work for research and national innovation system institutions (innovation centres, business incubators, research and technology parks, etc.), public sector and other institutions contributing to the development of knowledge and innovation economy.
Access to further study:
S/he has access to the third cycle studies.
