Master degree program
Innovation Management

Innovation Management

QUALIFICATION

  • Scientific and pedagogical direction - Master of Economic Sciences

MODEL OF GRADUATING STUDENT

Upon completion of this educational program, it is expected that the undergraduate will be able to:
ON1 to publish scientific articles, reports presenting the results of research into the practice of innovative entrepreneurship, applied research and engineering, experimental and developmental works aimed at creating new technologies, providing new quality products, services, new quality educational technologies for future specialists , to ensure the competitiveness of enterprises and the economy;
ON2 to ensure the promotion of green growth principles through the cooperation of innovative companies in the public and private sectors, international organizations in the direction of developing a green economy, transferring green technologies, introducing green standards, principles of environmental responsibility, educating ecological culture, psychology of healthy lifestyle, meeting environmental requirements legislation for sustainable economic growth;
ON3 to ensure the operation of technology parks, business incubators, commercialization offices, through the application of legal regulation of innovative entrepreneurship, forms of state support of innovations, organization of protection of rights appraisal of intellectual property, patenting, commercialization, financing of innovative projects, establishing links between scientific and educational departments with production and venture companies for the development of innovative entrepreneurship, the implementation of state innovation policy;
ON4 to ensure the functioning of an innovative company through the application of methods, tools of modern innovation management, defining the company's innovative business model, strategic positioning of the company in the market, applying cost management methods, emotional intelligence management and personnel management psychology, quality, risks, providing income for creating customer value, appropriating parts of it in the form of a firm’s profit;
ON5 to ensure the promotion of innovation to the market through the use of relationship marketing, value co-creation, horizontal and vertical methods of promoting innovation, the method of partnership and cooperation, technology transfer, developing a market launch strategy, positioning innovation in the market; determine the quality of the product and service for the preparation of a successful entry of the product into the innovation market;
ON6 to commercialize intellectual property by evaluating and ensuring the protection of intellectual property on the basis of international patent law, developing a patent and licensing policy of the company, evaluating the commercial value of new products and technologies at an early stage of the project of selling licenses, patents, creating a joint venture, for making profit in accordance with innovative business model of the company;
ON7 to create startups, through the organization, pre-seed stage of the project; justify the idea by studying the target audience;organization of the sowing stage, forming a team, business concept; develop a business plan, making a technical task, a prototype, analyzing cases; apply the concept of a minimally viable product, testing methods, alpha version, beta version, open beta testing to go to launch a startup;
ON8 to launch startups through project promotion, settling legal aspects, registering a brand, attracting investors, creating a scheme of cooperation between developers and investors to finance startups as part of government innovation development programs, venture financing by business angels, venture funds, developing an effective business model for venture business to achieve a start-up state generating sustainable income;
ON9 to ensure the implementation of the stage of growth and expansion of a startup by working out business processes and strengthening market positions; organize the stage of exit from a startup by reselling the company, placing the brand’s shares on the stock exchange, searching for a strategic investor with «long» money, organizing an IPO to realize the successful commercialization of innovation;
ON10 to ensure the introduction of organizational and managerial innovations as a targeted change in the management system, management process technologies, analysis of cases and the introduction of new personnel management methods, the development of competencies, ensuring the psychological readiness of staff to participate in the implementation of an organizational change program, the introduction of quality management principles, international quality standards for increase the competitiveness of the enterprise;
ON11 to ensure the introduction of product innovations through the improvement of services, mastering fundamentally new services by adding new functions and characteristics, ensure the introduction of process innovations by adopting technologically new or significantly improved production methods, highlight specific risks, assess their impact on the development and innovation processes to improve the competitiveness of enterprises;
ON12 to show creativity, innovative thinking in the process of finding ideas for innovation, creating start-ups and implementing start-ups when choosing an innovative business model and organizing innovative entrepreneurship, developing a system of personnel motivation for an innovative company, identifying and neutralizing risks, organizing an educational process of training specialists for ensuring the effectiveness of innovative entrepreneurship;

Program passport

Speciality Name
Innovation Management
Speciality Code
7M04109
Faculty
High School of Economics and Business

disciplines

Foreign Language (professional)
  • Number of credits - 6
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose is to acquire and improve competencies by international standards of foreign language education and to communicate in an intercultural, professional, and scientific environment. A master's student must integrate new information, understand the organization of languages, interact in society, and defend his point of view.

History and Philosophy of Science
  • Number of credits - 3
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - Purpose: Understanding of modern philosophy as a system of scientific knowledge, including worldview in rational-theoretical comprehension. The discipline includes aspects of the evolution and development of scientific thinking, historical moments, the contribution of scientists and scientific schools to the formation of science, and ethical and social aspects of scientific activity.

Innovation Management
  • Number of credits - 6
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The following will be studied: concepts,goals, functions of innovative management, organizational forms of innovative activity, innovative strategies, methods of managing innovative activities, personnel management, risks in innovative companies.

Innovation Marketing
  • Number of credits - 6
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The following will be studied: the concept of marketing management of innovations, methods for analyzing market opportunities for innovations, selection of target markets, development of a marketing mix of innovations, methods of marketing research of innovations

Organization and Planning of Scientific Research (in English)
  • Number of credits - 6
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The discipline aims to form the ability to apply practical skills in organising and planning scientific research. The discipline studies forms and methods of planning, organisation, and design of scientific articles and dissertations, as well as summarising scientific research results in presentations, speeches, projects, and articles.

Pedagogy of Higher Education
  • Number of credits - 3
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - Purpose: To provide pedagogical theories and practical strategies for effective teaching in higher education, fostering critical thinking, and academic success. The course explores instructional methods, curriculum design, assessment techniques, and classroom management strategies preparing educators to create inclusive and stimulating learning environments.

Psychology of management
  • Number of credits - 3
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - Formation of knowledge about the fundamental concepts of management psychology for the practical application of the most critical aspects of management in professional interaction. The following will be studied: basic principles of management psychology, personality in management interactions, management of personality behavior, modern ideas, psychology of managing group phenomena, motivation, and practical reflection.

Technology of innovative entrepreneurship and Commercialization of innovations.
  • Number of credits - 9
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The following will be studied: forms and models of organization of innovative entrepreneurship, strategies, methods of managing spin-off companies, start-up projects, investment and operational phases of innovative entrepreneurship, methods of commercialization of innovation, transfer of innovative technologies

Data for 2021-2024 years

disciplines

Business culture and cross-cultural management
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The following will be studied: the concept of business culture, features of national business cultures, the basic concepts of cross-cultural management, methods for managing communication risks, conflicts in a cross-cultural environment, effective information exchange.

Emotional intelligence and communication management
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The following will be studied: theories of emotions, the essence of emotional intelligence, its impact on adaptability, the ability to personal transformation, stress resistance, leadership, communication, interpersonal relationships, signs and factors of emotional burnout.

Innovation policy of the state
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The following will be studied: the essence, goals of the state innovation policy, factors of formation, implementation mechanisms, methods and tools of state regulation of innovation activities to increase the innovative potential of the state .

Intellectual property management
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - Will be studied: the essence of the concept of intellectual property, methods of managing intellectual property, methods of patenting and protection of intellectual property,the mechanism for the transfer of intellectual property objects to the subjects of innovative activity.

Management of innovative development and changes
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The following will be studied: goals, strategies, models, methods for managing the innovative development of an organization, the relationship between the concepts of change and development, reactive and proactive approaches to change management, the mechanism for digital transformation of an organization.

Modern architecture of an innovative business environment
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The following will be studied: the factors of innovation activity efficiency, the essence and functions of the innovative business environment as a system of interconnections between the subjects of innovative activity, institutional structures, methods for forming the structure of ecosystem interconnections, the synergistic effect of ecosystems.

Risk management of innovation Activity
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The following will be studied: the concept and classification of risks, the methods of identifying risks, the mechanism for their neutralization in the activities of innovative companies, the methods of risk management in venture financing, the commercialization of innovations, start-up projects.

Sustainable Development and Innovation
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The following will be studied: the goals and principles of sustainable development, the concept of an innovative economy, the "green economy", the circular economy, the principle of environmental responsibility of innovative enterprises, the criteria for "green" innovation, the requirements of "green" standards.

Data for 2021-2024 years

INTERNSHIPS

Pedagogical
  • Type of control - Защита практики
  • Description - Aim оf discipline: formation of the ability to carry out educational activities in universities, to design the educational process and conduct certain types of training sessions using innovative educational technologies.

Research
  • Type of control - Защита практики
  • Description - The purpose of the practice: gaining experience in the study of an actual scientific problem, expand the professional knowledge gained in the learning process, and developing practical skills for conducting independent scientific work. The practice is aimed at developing the skills of research, analysis and application of economic knowledge.

Data for 2021-2024 years