Management and Economics of Innovation, MSc
Chalmers University of Technology
Key Information
Campus location
Gothenburg, Sweden
Languages
English
Study format
On-Campus
Duration
2 years
Pace
Full time
Tuition fees
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Application deadline
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Earliest start date
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Introduction
Management and Economics of Innovation, MSc
In the modern economy, knowledge has a unique value of its own. Especially in technology, it underpins critical aspects of industrial innovation, competitiveness, and economic growth. Through a combination of advanced business management and engineering-related economics, this programme will train you to analyse, understand and skilfully manage innovation processes in companies and other areas of society.
The processes behind innovation present unique challenges and opportunities for all sorts of organisations, from established firms to new entrepreneurial ventures, as well as universities and government agencies. All these organisations therefore need employees and managers with training in not just scientific and engineering disciplines, but also a thorough understanding of innovation processes, and how they can be handled in a financially successful way.
At the intersection between technology, management and economics, the overall purpose of this programme is to train you to skilfully analyse and manage the processes of innovation and renewal. The education focuses on how and why companies innovate, and the best way to transform innovation investment into real financial and social gains.
After graduation, you will be equipped with a wealth of skills. You will be able to analyse and understand how and why technical and scientific innovations, information, and knowledge interact with commercial markets and economic forces. You will know how to identify and solve technological, organisational, economic and institutional problems related to innovation and renewal activities.
Admissions
Scholarships and Funding
Scholarships are a great source of funding for Master's students who are liable to pay tuition fees. Some of these are administrated by Chalmers and others by external institutions. Additional scholarships may be appended to the list and applicants are therefore encouraged to check this webpage regularly.
Please visit the university website for more information.
Curriculum
Compulsory courses year 1
During the first year the programme starts with six compulsory courses that form a common foundation in Management and economics of innovation. Each course is usually 7.5 credits.
- Economics of Innovation
- Management of innovation and R&D
- Creating new business
- Strategic management
- Innovation systems and sociotechnical transitions
- Research design and methods
Compulsory courses year 2
In the second year you must complete a master's thesis in order to graduate. The thesis may be worth 30 credits or 60 credits depending on your choice.
- Master's thesis
Program Outcome
Credits: 120
Program Tuition Fee
Career Opportunities
Future career opportunities for students with a Master's degree from Management and economics of innovation 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.