In­nov­a­tion Chal­lenges in Bio­Busi­ness

Course content

This course offers a comprehensive overview of foundational and advanced topics in innovation management, with a focus on the biotech and pharmaceutical sectors. Students will learn about alternative innovation strategies that can be leveraged to achieve competitive advantage. Furthermore, students will gain insights into the key trade-offs and tensions involved in strategic decision-making within the context of innovation. The course is structured around the managerial challenges faced by firms in the biotech, pharmaceutical, and medical equipment sectors. Students will engage in both individual and team-based assignments during class, tackling specific innovation-related challenges. 

The course will cover the following topics:

• Technology strategy in the biotech and pharma sectors
• Corporate R&D and scientific research
• The use of external innovation, open innovation, and markets for technology
• Appropriability and advanced IPR strategy 
• Financial markets and firm innovation

• Artificial intelligence in life science R&D
• Organizing for Innovation
• Applied frameworks for new product development