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TEK300 Advanced ICM theory lp1 HT22 (7.5 hp)

Course is offered by the department of Technology Management and Economics

Formal information

Course code & Title

TEK300 Advanced Intellectual Capital Management Theory

Main field of studies

Entrepreneurship and Business Design

Examiners

Professor Ulf Petrusson

Course Manager

Anna Holmberg Borkmann anna.holmberg.borkmann@gu.se and Christoffer Hermansson christoffer.hermansson@gu.se

Course administrator

Carina Jogevik carina.jogevik@chalmers.se

 

Purpose

The purpose of the course is to provide students with (1) an advanced theoretical foundation regarding the transformation from an industrial to a knowledge-based economy, in particular, the role of knowledge assets and processes in the development of innovations, the organizational structure and strategies of firms, the construction of markets, and the determination of economic policy to support the growth of wealth and welfare and (2) an actionable knowledge of business/law research methods. The theoretical frameworks will be discussed from an inter-disciplinary perspective including the areas of sociology, technology, economics, management, and law.

In the course, the student will analyze, discuss and apply relevant theories to innovation, entrepreneurship and the management of intellectual assets. The student will analyze and apply qualitative, quantitative and other relevant scientific methods.

The course content is packaged and executed into two theoretical streams: Theory for scientific work and Theory for applied projects. The former provides the students with necessary theoretical competences when performing scientific thesis work. The latter provides the students with necessary theoretical competences when working with different types of applied projects in so called incubations; i.e. Healthcare incubation – to transform healthcare needs into viable solutions (Theory of Design thinking and institutional design), Research incubation – to transform research into innovations (Theory of Management of Intellectual Assets for academic environments), Venture incubation – to transform innovation into growth firms (Theory of Management of Intellectual Assets for firms), and Difference incubation – to make a difference in society (Theory of Difference Incubation).

Organization

This course is part of second year of the ICM track at the Master’s Programme Entrepreneurship and Business Design and is delivered by the Department technology management and economics at Chalmers in collaboration with Department of Law at the University of Gothenburg.

 

Learning outcomes

#

After completing the course the students will be able to

Type

1

Demonstrate theoretical understanding of the epistemological and ontological differences between objective and subjective methods and objects in the social construction of reality

Knowledge and understanding

2

Demonstrate theoretical understanding of the social construction of (1) assets, property, and capital and (2) innovations, markets, and firms and the relevance for innovation and entrepreneurship in the knowledge economy

Knowledge and understanding

3

Demonstrate theoretical understanding of business/legal research methods

Knowledge and understanding

4

Apply advanced theoretical frameworks in relation to knowledge based business and economic development.

Skills and Abilities

5

Apply theory and methodology to the design and implementation of inter-disciplinary social science research

Skills and Abilities

6

Explain the major characteristics that differentiate an industrial from a post-industrial economic paradigm on the level of the firm and society

Judgment and Approach

 

Examination

The students are examined through an assessment portfolio consisting of an individual written assignment, as well as a written group assignment which is also presented orally. In addition, the student must participate in mandatory parts in the form of 5 seminars. Absence from a mandatory part can be compensated by an alternative task according to instructions from the course manager.

A student has the right to request a change of examiner if failed twice on the same exam, if this is practically possible. Such a request should be put forward in writing and addressed to the department.

Individual written assignment

60%

Written group assignment

40%

Participations in 5 method seminars

P/F

 

Seminars

The seminars are given by individuals from Chalmers University of Technology, University of Gothenburg, and guest lecturers with theoretical knowledge and practical experience within knowledge-based business and economic development. Theories and methods for understanding and investigating knowledge-based business are the focus of the seminars.

Attendance at the seminars is mandatory, as most of the lectures will cover material that is not found in the course literature and will be needed to accomplish the assignments. Active participation by the students is critical to the learning experience.

Mandatory seminars

Date

Method Seminar 1

October 24th

Method Seminar 2

October 25th

Method Seminar 3

October 27th

Method Seminar 4

October 28th

Method Seminar 5

December 7th

 

Group Method project

The research project will be conducted in groups and consist of two parts:

  1. Group participation in 4 research method seminars
  2. Group hand-in

 

Individual Assignment

The individual assignment will consist of several essays questions based on the literature and the seminars. The students will have approximately one week to complete the assignment.

 

Grades

The grading scale comprises: 5, 4, 3, Fail. The grading scale for the course is as follows:

0-39% = Fail; 40-59% = 3; 60-79% = 4; 80%> = 5

To receive a grade, the student must pass all the examination parts of the course.

 

Changes made since the last occasion

The major change since last time is the adaption towards a more online educational setting due to the restrictions put forth by the consequences of the current pandemic.

Literature

  1. Bell, D. (1976) The Coming of Post-Industrial Society. Basic Books.
  2. Drucker, P. (1993) The Post-Capitalist Society. Harper Business.
  3. Bryman, A. & Bell, E. (2011) Business Research Methods. Oxford university Press
  4. Searle, J. (1995) The Construction of Social Reality. The Free Press. (ISBN: 9780684831794)
  5. Foray, D. (2006) Economics of Knowledge. MIT Press. (ISBN: 9780262562232)
  6. Spender, JC. (1996) Making knowledge the Basis of Dynamic Theory of Firm. Strategic Management Journal, 17: 45–62.
  7. Grant, R. (1996) Towards a Knowledge-Based Theory of the Firm. Strategic Management Journal, 17: 109–122.
  8. Arora, A., Fosfuri, A. & Gambardella, A. (2001) Markets for Technology and Their Implications for Corporate Strategy. Ind Corp Change 2001; 10 (2): 419-451
  9. Vargo, S. L. & Lusch, R. F. (2004) Evolving to a New Dominant Logic for Marketing. Journal of Marketing: January 2004, Vol. 68, No. 1, pp. 1-17.
  10. Schumpeter, J. (1962) Capitalism, Socialism, and Democracy
  11. Lundquist, M. & Petrusson, U. (2002) Designing the role of the entrepreneur – using a norm constructionist approach at the interface of research, learning and innovation. (Conference paper from The Triple-Helix conference, Copenhagen, Nov 6-9 2002).
  12. Petrusson, U. (2004) Intellectual property & entrepreneurship : creating wealth in an intellectual value chain. Göteborg : Chalmers University of Technology. (ISBN: 9197543101).
  13. Petrusson, U. et al (2018) INNOVATIONSVERKSAMHET SOM RÄTTSLIGA HANDLINGSSYSTEM NÅGRA RÄTTSTEORETISKA STÄLLNINGSTAGANDEN
  14. Petrusson, U. (2016) Research and Utilization. Title of Swedish first edition: “Forskning och Nytta” (Tre Böcker Förlag AB, Göteborg, Sweden, 2015). ebook at cip.gu.se.

Schedule

The schedule is outlined in a separate appendix and covers both the activities in this course as well as the activities in the parallel Applied course (TEK296/MED999). The schedule is communicated to the students via email as well as uploaded to Canvas. Any updates are communicated both via email and Canvas.

Faculty

UP                 Ulf Petrusson                      SSIE, GU

BH                 Bowman Heiden                 SSIE, GU

CH                 Christoffer Hermansson     SSIE, GU

ML                 Mats Lundqvist                   CSE, CTH

 

Course evaluation

The course will be evaluated upon completion. The results of the evaluation will be communicated to the students and will function as a guide for the development of the course.

Course evaluation is done in writing with a questionnaire. The course manager compiles the result of the course evaluation and gives suggestions for the development of the course. Analysis and suggestions are fed back to the students.

 

Contact

Contact the course manager at Anna Holmberg Borkmann anna.holmberg.borkmann@gu.se and Christoffer Hermansson christoffer.hermansson@gu.se

 

 

 

Course summary:

Date Details Due