- The main content of the course is techniques for analyzing innovation processes related to the development of an idea or invention into a commercially viable product or service.
- The main focus in the course is to analyse the innovation process surrounding a number of successful and less successful development projects in the field of electric power engineering
- The taught techniques for analyzing the innovation processes are then applied to some specific cases with a non-obvious market potential.
After passing the course, the student shall be able to
analyse the evolution of the existing electrical power system and the processes behind the key inventions and their development into innovative products that are now well-established
analyse the impact different stakeholders such as regulators, utilities, manufacturers and end customers have on the market for products and services in the field of electric power engineering
analyse the impact of the electricity price on investments in the electrical power grid
analyse how sustainable development creates incentive for innovation and entrepreneurship in the field of electric power engineering
describe how improvements in material properties, computational models etc affects innovation processes
identify key technological innovations and development in other areas that leads to innovations in the field of electric power engineering
describe the necessary steps that needs to be taken in order to place a new or improved product on the market.
develop a simple business plan
describe the process of patenting an invention.