What role does the formal teaching of innovation management play? Courses in Europe and the USA
are reviewed, especially two courses, MIETE, taught at the University of Porto, in Portugal, and the
Stanford University and Michigan University model from the USA. As these flagship courses have
resulted in real innovations being introduced into the market formal teaching may well play a decisive
role in the larger scenario of real innovation management. A literature review was performed and these
two aforementioned cases studied in depth – MIETE via repeated contact with its Director and through
the analysis of other publicly available information; while the Stanford University and Michigan
University model was analysed by way of a comprehensive publication. A model for innovation and
entrepreneurship is put forward whereby personal characteristics, the environment, and career
experience and formal teaching will all play a part in the output of innovation and entrepreneurship in
society
