Technology & Innovation
The cluster „Technology & Innovation“ currently comprises the Institute for Strategy, Technology and Organization (ISTO) as well as the research center for Entrepreneurship and Innovation.
As an integral part of the international research community, the ISTO concentrates on the three research fields of strategy, technology, and organization and their intersections while using approaches from both management and microeconomics. In research, the focus lies on large-scale quantitative investigations, primary data collection, and phenomenon-driven theoretical models. The specific research questions at the ISTO can be grouped into the following main research areas: i) Competitive Strategy, ii) Firm Boundaries, iii) Information and Communication Technologies and Media, as well as iv) Organizational Design.
The research group for Entrepreneurship and Innovation works closely together with the economics department at the Max Planck Institute for Innovation and Competition. The research teams jointly address research questions in the area of innovation and entrepreneurship. Its objective is to investigate the determinants, outcomes and implications of innovation and entrepreneurship processes. The research projects combine research approaches from the economics, especially industrial economics, and social sciences. Most of the research works are empirically oriented and aim at identifying causal relationships. The main fields of research are the following: i) Intellectual Property Rights Systems, ii) Science, Research and Innovation Policies, iii) Innovation Management, iv) Entrepreneurship and Innovation, as well as v) Innovation Motives and Behavior.
Courses at the Institute for Strategy, Technology and Organization (ISTO) include classes offered for Bachelor and Master students that focus on strategic and organizational issues with a special emphasis on information and communication technology (ICT) industries. Hence, students will gain a strong theoretical basis and, at the same time, being provided with important methodological tools such as quantitative and qualitative methods as well as basic game theory. In addition to regular classes at LMU, the ISTO offers massive open online courses on competitive strategy as well as strategic organization design available on the e-learning platform Coursera. Moreover, the cluster is involved in the Ph.D.-accompanying Master of Business Research (MBR), in the inter-university Master in Management - European Triple Degree, as well as the courses of the Entrepreneurship Center and the key qualification.
Through long-ranging cooperations, the cluster is linked with other disciplines as well as practitioners; most notably the Organizations Research Group (ORG), the LMU Entrepreneurship Center, the Center for Digital Technology and Management, and the Munich Center for Internet Research. Moreover, the research unit cooperates in the context of open research seminars, e.g., the ORG Seminar jointly organized with the Chair of Organizational Economics and the Institute for Human Capital Management, and the TIME Colloquium, a joint research seminar of the Munich School of Management (Ludwig-Maximilians-Universität München [LMU]), the Max Planck Institute for Innovation and Competition, and the TUM School of Management (Technische Universität München [TUM]). Additionally, the cluster frequently offers external seminars. National as well as international students have the opportunity to engage in a research internship program.