Course: Management of Innovations and Investments for Sustainable Development

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Course title Management of Innovations and Investments for Sustainable Development
Course code KEMCH/C772
Organizational form of instruction Lecture + Seminary
Level of course Master
Year of study not specified
Semester Winter
Number of ECTS credits 4
Language of instruction Czech
Status of course Compulsory, Compulsory-optional
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Vávra Jan, Ing. Ph.D.
  • Košťálová Jana, doc. Ing. Ph.D.
  • Jelínková Martina, Ing. Ph.D.
Course content
The Importance of Innovation for Business Growth. Social overlap of innovation. Current social and market challenges (globalization, industrial revolution 4.0, etc.) and impact on innovation and investment management. Innovation for sustainable production and consumption of chemical products, corporate responsibility, customer / consumer responsibility. Innovative value concepts for customers, value innovations. Innovation Management Strategy. Sources of innovation opportunities outside the enterprise. Sources of innovation in terms of business needs, pro-innovation climate (research base, resources, technology, knowledge, partnership). Creation of innovation portfolio, evaluation of inventions. Applying project management in innovation and investment management. Methods and tools of project management in innovation and investment management. Evaluation of project management covering economic, social and environmental aspects. Evaluation of innovation and investment efficiency including economic, social and environmental aspects - procedures, methods I. Evaluation of innovation and investment efficiency including economic, social and environmental aspects - procedures, methods II. Financing innovation and investment - sources of funding, the right capital structure. The software application MS Project 2016 is used in this subject.

Learning activities and teaching methods
Monologic (reading, lecture, briefing), Dialogic (discussion, interview, brainstorming), Work with text (with textbook, with book), Demonstration
  • Contact teaching - 39 hours per semester
  • Home preparation for classes - 26 hours per semester
  • Independent critical reading - 16 hours per semester
  • Preparation for an exam - 25 hours per semester
Learning outcomes
The goal of lessons is to present for students modern concept of innovation and investments management focused on an effectiveness and efficiency, sustainability ander current scientific, technical and social conditions and challenges, relationship of innovation management with chemical production processes, environment, and sustainable development. Pro-innovation policy, innovation sources, project management methods are presented as well as assessment of innovation projects.
After finishing are students acquainted with elementary economic consequences on the field of innovations and investments management, focused on specific conditions in chemical industry and sustainable development. They are able to share as a member on specific innovation project, judge the feasibility of project, evaluate impacts on environment and use basic method for project assessment.
Prerequisites
Knowledge in mathematics and business economics and management taught within the bachelor study is needed for study of the subject.

Assessment methods and criteria
Written examination

The exam is written. The exam consists of writing an exam paper containing theoretical questions, calculating tasks and tasks proving the acquisition of practical skills.
Recommended literature
  • Cronin, J. M., Dearing, C. T. Managing for Social: Impact Innovations in Responsible Enterprise. Cham: Springer International Publishing Switzerland, 2017.
  • Fotr, Jiří. Investiční rozhodování a řízení projektů : jak připravovat, financovat a hodnotit projekty, řídit jejich riziko a vytvářet portfolio projektů. Praha: Grada, 2011. ISBN 978-80-247-3293-0.
  • Piemonte, V., De Falco, M., Basile, A. Sustainable Development in Chemical Engineerin - Innovative Technologies. Chichester: John wiley&Sons, 2013.
  • Trout, P. Innovation Management and New Product Development. New York: Pearson, 2011.
  • Vávra, J. a kol. Management inovací a investic pro udržitelný rozvoj. PPT prezentace dostupné v systému STAG. Univerzita Pardubice, aktuální verze.
  • Veber, J. Management inovací. Praha: Management Press, 2016.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester