Management and Inovation in Bioengineering

Code:

MEB0040

Acronym:

GIB

Keywords
Classification	Keyword
OFICIAL	Economics

Instance: 2022/2023 - 2S

Active?	Yes
Responsible unit:	Department of Industrial Engineering and Management
Course/CS Responsible:	Master in Biomedical Engineering

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
MEB	38	Syllabus	1	-	6	52	162

Teaching language

Suitable for English-speaking students

Objectives

After approval in this course unit, the students should be able to perform a sound and thorough needs screening process, generate appropriate solution concepts, plan and create a development strategy, and integrate plans and strategies into a unified business vision.

Learning outcomes and competences

After approval in this course unit, the students should be able to: 1. Perform a sound and thorough needs screening process, by: developing need statements, analyzing disease state, developing a landscape of available treatment options, analyzing the multiple stakeholders touched by a need, performing market analysis, and filtering needs. 2. Generate appropriate solution concepts, by: developing creative solutions to a defined need, and choosing solution concepts to pursue. 3. Plan and create a development strategy, by: developing the initial steps required to obtain a patent, creating an intellectual property strategy, creating a regulatory strategy. 4. Integrate plans and strategies into a unified business vision, by: developing a corporate strategy, creating an operating plan, and performing an economic and financial analysis, integrated in the development of a business plan.

Working method

Presencial

Program

1. Needs screening. Need statement development. Disease state fundamentals. Treatment options. Stakeholder analysis. Market analysis. Needs filtering. 2. Concept generation. Ideation and brainstorming. Concept Screening. 3. Intellectual property basics. Intellectual property strategy. Regulatory basics. Regulatory strategy. 4. Integration. Corporate strategy in the competitive and resource-based views. Financial mathematics, and financial analysis and capital budgeting. Operations and supply-chain strategy in the resources, processes and competency-based views. Business model development.

Mandatory literature

Zenios, Stefanos (Editor), Makower, Josh (Editor), Yock, Paul (Editor), Brinton, Todd J. (Editor), Kumar, Uday N. (Editor); Biodesign: The Process of Innovating Medical Technologies, Cambridge University Press, 2009. ISBN: 0521517427

Complementary Bibliography

Steve Blank, Bob Dorf; The startup owner.s manual. ISBN: 978-0-9849993-0-9
written by Alexander Osterwalder and Yves Pigneur; Business model generation. ISBN: 978-0-470-87641-1

Teaching methods and learning activities

A weekly session of three hours will be dedicated to the presentation and discussion of concepts and lectures with experts in the areas addressed. A one-hour session will be dedicated to coaching sessions focused on the technology/problem combinations that each team will work with throughout the semester.

The project will generate the following assignments:

• Assignment #1: Oral Presentation & Needs PowerPoint
• Assignment #2: Oral Presentation & Concepts PowerPoint
• Assignment #3: Oral Presentation & Final PowerPoint
• Assignment #4: Final Project document

The final mark to the curricular unit will be based on:

• Assignment #1 10%
• Assignment #2 10%
• Assignment #3 15%
• Assignment #4 20%
• Participation in classes 10%
• Team evaluation 10%
• Progress record 15%
• Participation in meetings 10%

The quality of the assignments and the participation in class, coaching sessions, and teamwork evolution will be assessed by the faculty. The team members assessments will contribute to the grade in the teamwork component.

keywords

Social sciences > Economics > Management studies > Innovation management
Technological sciences > Technology > Medical technology

Evaluation Type

Distributed evaluation without final exam

Assessment Components

Designation	Weight (%)
Participação presencial	10,00
Prova oral	50,00
Trabalho escrito	20,00
Trabalho prático ou de projeto	20,00
Total:	100,00

Amount of time allocated to each course unit

Designation	Time (hours)
Elaboração de projeto	110,00
Frequência das aulas	52,00
Total:	162,00

Eligibility for exams

Presence in classes according to regulations.

Calculation formula of final grade

The final mark to the curricular unit will be based on:

• Assignment #1 10%
• Assignment #2 10%
• Assignment #3 15%
• Assignment #4 20%
• Participation in classes 10%
• Team evaluation 10%
• Progress record 15%
• Participation in meetings 10%

Examinations or Special Assignments

The project will generate the following assignments:

• Assignment #1: Oral Presentation & Needs PowerPoint
• Assignment #2: Oral Presentation & Concepts PowerPoint
• Assignment #3: Oral Presentation & Final PowerPoint
• Assignment #4: Final Project document

The quality of the assignments and the participation in class, coaching sessions, and teamwork evolution will be assessed by the faculty. The team members assessments will contribute to the grade in the teamwork component.

Special assessment (TE, DA, ...)

Not applicable.

Classification improvement

Not applicable.