Innovation and Technology Management: Career prospects for graduates

Innovation and technology managers combine resources, organizational and technical tools, scientific knowledge, technological experience, technical system expertise, and financial resources. They apply knowledge of the natural sciences, social sciences, and economics in order to recognize and solve problems. They design innovative products, processes, and structures using development and engineering methods.

What industries and sectors employ graduates?

  • Machine building, automotive industry
  • Electrical engineering, electronic engineering
  • Mechatronics
  • Information and communication technologies
  • Process engineering
  • Construction
  • Chemicals, biotechnology
  • Energy industry
  • Management/strategic consulting

What jobs and functions do graduates perform?

  • Innovation manager
  • Innovation assistant
  • Technology manager
  • Futurist (especially in the IT industry)
  • Technology evangelist (or technology advocate)
  • Product/service development manager
  • Market development manager
  • Process designer
  • Project manager
  • Change manager
  • Training manager
  • Manager of employee suggestion systems
  • Consultant for related technical fields
  • Developer of research strategies
  • Market/competitiveness monitor
  • Assistant to the head of research
  • Employee in business unit management or executive management
  • Entrepreneur

What are some of their typical tasks and activities?

  • Developing concepts for strategic and operational innovation management
  • Systems engineering and system analysis for broadly distributed company networks and communication structures for innovation ideas
  • Analyzing market potential/potential improvements to company processes
  • Developing and collecting ideas for innovation projects and their analysis
  • Preparing ideas to be decided on by management/investors
  • Preparing project agreements for innovation projects or transfer projects
  • Monitoring and evaluating innovation projects
  • Designing and introducing operational organizational concepts (organization, advice on methods and processes)
  • Assessing the social acceptance of innovation ideas
  • Monitoring and evaluating transfer projects, redesigning/optimizing/reorganizing processes in production and administration
  • Holistic project management taking technical, economic, and social aspects into account
  • Developing metrics for measuring the effectiveness of innovation projects
  • Preparing for and making investment, divestment, and make-or-buy decisions
  • Planning, designing, implementing, and evaluating training measures for users and parties affected by the results of innovation efforts
  • Developing concepts for strategic and operational technology management
  • Systems engineering and system analysis for broadly distributed company networks and communication structures for technology ideas
  • Developing and implementing concepts to ensure technological competitiveness
  • Analyzing potential improvements to company processes
  • Gathering information about new technologies on the market (technology monitoring)
  • Participating in the dialogue with research and development institutes
  • Identifying and evaluating technology transfer potential
  • Reviewing relevant literature, participating in technology transfer events