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Seminar: Recent developments in R&D and Innovation Research
Product and process innovations have always played an essential role in economic life, being an important trigger for economic growth. By anticipating or covering consumers’ new demands, companies generate new potential revenues. Thus, they may attain competitive advantages in their industry. This is a reason many companies run research and development (R&D) departments, trying to improve processes or products or to develop products that are new to the market in order to generate new profit opportunities or reduce costs. The seminar will reflect the broad topic of R&D research from different perspectives, allowing each participant to get an overview of important issues in the field of R&D and enlarge upon one special direction that students will elaborate in their seminar paper. The topics are:
1. Economic crisis
3. R&D heterogeneity (employment)
4. Resource constraints
5. Innovation & firm performance
6. Internationalized R&D
7. Intl. R&D, innovation output & performance
8. Intl. R&D collaborations
10. Open Innovation
12. Inward FDI & innovation
The participants are free to choose if they want to write the seminar paper on their own or in a group (max. 2 group members). The paper will be a theory/ literature paper, requiring the students to search for recent journal articles on their topic. Some paper references will be given to the students in order to facilitate the start.
The seminar is organized as a block seminar with four sessions, held in English or German (depending on students’ nationality). An introductory session at the end of October, a midterm session at the end of November and two presentation sessions at the end of the term on February 6th and 7th. During the first session a general overview of the research topic will be given and possible paper topics and literature will be handed out. Furthermore, grading guidelines and the general seminar framework will be presented. Subsequently, the seminar participants will then have to choose a topic within one week. During the midterm session students are given the chance to present and discuss their work status within the seminar group and with the seminar facilitators. In the closing sessions the seminar papers will be handed in (paper deadline Jan 25th 2014) and each student will have to aggregate their findings in a presentation. The grading depends on the seminar paper (80%) and the final presentation (20%).
The seminar is directed at master students. The seminar may be a basis for a potential master thesis. Preliminary timeline may be subject to changes. Further and latest information, e.g. changes in schedules or rooms, will be announced on the Jackstaedt Center-Webpage (www.jackstaedt.uni-wuppertal.de).
Seminar dates (subject to changes at short notice)
Kick-off meeting: Tue, Oct 22, 14-16, room M14.22
Midterm: Tue, Nov 19, 8-16, room M14.22
Closing /Final presentations: Thu & Fri, Feb 6-7, 8-16, room (tba)
Application and Enrolling:
Students can enroll via Wusel. Additionally, a short email application (Steinberg@wiwi.uni-wuppertal.de) is required. Please submit your name, student id number, your major and transcript of records. The seminar capacity is limited to 20 participants.
Credits obtained by students in this seminar are accepted for the following modules:
MWiWi 1.4 - "Innovations- und Technologiemanagement" (Witt)
MWiWi 1.14 - "Energie- und Projektmanagement" (Witt)
MWiWi 2.4 - "Entrepreneurship und Wirtschaftsentwicklung" (Volkmann)
MWiWi 2.7 - "Infrastruktur und Wirtschaftsentwicklung" (Volkmann)
MWiWi 2.6 - "Industrieökonomik" (Bönte)
Prof. Dr. Vivien Procher, Prof. Dr. Diemo Urbig, Dipl.-Kfm. Philip Steinberg
- Becker/ Dietz: R&D cooperation and innovation activities of firms- evidence for the German manufacturing industry, 2004 in: Research Policy, Vol. 33, pp. 209-223.
- Chrisman/ Patel: Variations in R&D investments of family and nonfamily firms: behavioral agency and myopic loss aversion perspectives, 2012 in: Academy of Management Journal, Vol. 55, No. 4, pp. 976-997.
- Probert/ Connell/ Mina: R&D service firms – The hidden engine of the high-tech economy?, 2013 in: Research Policy, Vol. 42, pp. 1274-1285.
Average grade in this course: ∅1,5