Course Topics
The lecture belongs to the scientific fields of production systems and technologies, as well as industrial plants, and is offered as an elective course for the Bachelor’s program in Industrial and Mechanical Engineering. The course aims to convey general scientific methods and content, as well as specific professional competences. The objective of this course is to provide an overview of important approaches, concepts, methods, and techniques of holistic, innovation-oriented corporate management—from the product idea, through the various productive and logistical stages of the value chain, up to successful marketing. The following topics are among those covered in the lecture: • Fundamentals of innovation management • Different types of innovation • Mechanisms of successful corporate growth • Design and optimization of innovation processes • Fundamentals of digital innovation (twin transition) • Introduction to work preparation and quality management • Fundamentals of sustainable manufacturing and assembly • Introduction to technical project management

Teaching format
Frontal lectures with practical illustrative examples in the Smart Mini Factory laboratory.

Educational objectives
Knowledge and understanding 1. Knowledge of modern methods and techniques of successful product and process innovation. Applying knowledge and understanding 2. Development of practical skills in dealing with methods and techniques of product and process innovation through the illustration of the theoretical basics by examples from practice. Making judgements 3. Basic understanding of the timely and target-oriented planning and implementation of innovation projects and for individual working, structuring and documentation of innovative problem solutions using modern technologies for information acquisition and processing. Communication skills 4. Basic understanding of the structured illustration and presentation of innovation oriented project activities. Learning skills 5. To extend the knowledge acquired during the study course by reading and understanding scientific and technical documentation.

Assessment
- Formative assessment: Summary after the lecture: after every lecture; ILOs assessed: 1, 2, 3, 4, 5; Laboratory visit: Exercises in the lab for 8h; ILOs assessed: 2. - Summative assessment: 40% written examination with multiple choice questions: ca. 12 Multiple Choice questions; ILOs assessed: 1, 3, 5; 60% written examination with theory and exercises: ca. 4 theory questions; ILOs assessed: 1, 2, 3, 5.

Evaluation criteria
Final evaluation by a single final grade. The final grade is calculated 100% from the results of the written exam. Criteria for the evaluation of the written examination: completeness and correctness of the answers.