GRAD > MSIS > 610
"The most successful firms are those that have been able to systematically exploit innovation 1." Institution innovation to create value is not an easy task rather; it is complex, cross-functional, and results-oriented endeavor. Traditionally, investment in research and development, implementing change, or enhancing creativity were considered necessary ingredients for innovation. Today, technological breakthroughs are the primary drivers of innovation. A new category of technology has emerged that when used effectively makes the innovation process more economical and ameliorates some of its uncertainties. The course starts with addressing five basic questions on innovation: what, when, where, who, and how. We describe innovation models, the importance of timing in innovation, the globalization aspect of innovation, People and innovation, and what it takes to be innovative. In addressing these questions, we consider the impact and role of technology. Real world case studies are used to illustrate the practical implication of innovation in IT management.