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Summary business aspects of innovation in materials
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- Vrije Universiteit Brussel (VUB)
Summary business aspects of innovation in materials from in English prof: Kevin De Moortel
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Summary BusinessAspects of innovation in
materials
Master Business Engineering: Business & Technology
2021-2022
Prof: Kevin De Moortel
Exam:
- The oral exam covers the material discussed during the lectures. The exam consists of open
questions (discussion):
o 1 general
o 1 case/ example from class
o 1 new case/ example
- Example: cf at the end of chapter 1
Course objective:
- The ability to engage in advanced discussions on the business impact of a range of digital
technologies, that are inherent to the advanced materials/manufacturing industry
- This ability encompasses…
o Understanding = interpret, exemplify, classify, summarize, infer, compare, explain
▪ entrepreneurship related concepts
▪ digital technologies relevant to the advanced materials/manufacturing
industry
o Analysing entrepreneurship related concepts and digital technologies through
advanced materials/manufacturing business cases and examples
Table of Contents:
- Chapter 1: Introduction ...................................................................................................... 1
- Chapter 2: Material science & nanotechnology ................................................................. 21
- Chapter 3: Commercialization of advanced materials ........................................................ 37
- Chapter 4: Additive manufacturing..................................................................................... 61
- Chapter 5a: Industrial artificial intelligence ........................................................................ 78
- Chapter 5b: Guest speaker – advanced manufacturing - Brubotics ................................... 94
- Chapter 6: Industrial Internet of Things .............................................................................. 104
- Chapter 7: Industrial Virtual Reality/ Augmented Reality (guest lecture) .......................... 119
- Chapter 8: Intellectual Property in Materials ..................................................................... 126
- Chapter 9: New Product Development ............................................................................... 141
- Chapter 10: Digital Twins (guest lecture)............................................................................ 153
- Chapter 11 : Cybersecutiry for Industry 4.0 (debate – no exam material) ......................... 169
,Chapter 1: Introduction
1. About the course
About this course:
- Apply the knowledge of entrepreneurship to a specific industry, in this case advanced
materials
Background of this course for faculty HI
Example: cement production
- The course itself will be a meeting between business aspects, between the manufacturing and
material industry and between digital technologies.
- Example of cement production
o Image a hypothetical situation where this production line is full of digital innovations,
this is not the case today, but we might end up in this situation where it becomes
reality
o We are not going into detail into how the production is conducted, but rather take a
look at these technologies and aspects that can be used for business in this course
1
,Why now – why this course?
- “In the next decade, we will experience more progress than in the past 100 years” – Peter
Diamandis, cofounder of Singularity University
o Today is a crucial period where we are facing a lot of change and impact of digital
technologies on business, we need to know how these innovations can impact our
way of doing business and therefore this course is important
2
, - We went through different phases of innovation already in the past:
o The first wave was linked to agriculture
o The second one was driven by water and stream production, and afterwards by the
railway and steel industry and thirdly by electrical and chemical industries
o Then we entered in the third wave linked to information technology where we go
from IT automation to now these cyber-physical systems
- When we look at how GPD per capita evolved, we see that most or all of these industrial
revolutions created wealth, so they were good for the economy
o The question is whether this will be the case for the industry 4.0, this new way of
manufacturing and producing materials
2. Business aspects of advanced materials & manufacturing
What this course is about: link between three elements:
- This course will allow us to see how these three things are interrelated and how entrepreneurs
need to combine insights from these digital technologies and be active in the advanced
materials and manufacturing sector
3
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