English   Danish

2012/2013  KAN-CM_V74  Agribusiness and Innovation

English Title
Agribusiness and Innovation

Course information

Language English
Type Elective
Level Full Degree Master
Duration One Semester
Course period Autumn
Teaching takes place at the LIFE campus at Frederiksberg. Normally Tuesdays 8-12 and some Thursdays from 8-17.For more information about teaching room and timetable, please contact the teacher Christoph Grimpe (cg.ino@cbs.dk)
Time Table Please see course schedule at e-Campus
Study board
Study Board for MSc in Economics and Business Administration
Course coordinator
  • Christoph Grimpe - Department of Innovation and Organizational Economics
Main Category of the Course
  • Innovation and entrepreneurship
  • Management
  • Corporate and Business Strategy
  • Economics, macro economics and managerial economics
Last updated on 28-06-2012
Learning objectives
After completing the course the student should be able to
  • know basic concepts of innovation and the management of innovation
  • know basic fields/subjects touching the area of innovation and innovation management (as, e.g. entrepreneurship, economics, marketing, organization, industry development)
  • know the structure and development of the agribusiness and food industry
  • apply these theories/concepts and their specific tools in case studies
While no academic prerequisites are necessary, basic knowledge of microeconomics as well as management are an advantage.
Agribusiness and Innovation
The exam in the subject consists of two parts:
Term paper:
Weight 50%
Type of test Term Paper
Marking scale 7-step scale
Second examiner No second examiner
Exam period Winter Term
Aids Please, see the detailed regulations below
Duration Please, see the detailed regulations below
Each student is required to prepare a term paper (miniprojekt) of about 20 pages.
Written exam:
Weight 50%
Type of test Written Exam
Marking scale 7-step scale
Second examiner No second examiner
Exam period Winter Term
Aids Open Book, Written Aid is permitted
Duration 4 Hours
The final written exam is an open book exam on CBS computers without internet access.
The examination consists of an individual term paper and a written exam. Both components have equal weight for the final grade. The written exam will take place according to LIFE's academic calendar.
Course content

This course provides a comprehensive introduction to the program Agribusiness and Innovation which is offered in collaboration with the life science faculty of Copenhagen University. While this is a separate specialization, CBS students are admitted to the course that they can choose as an elective. It familiarizes students with the structure of the agri- and food industry both in Denmark and internationally. Moreover, it discusses key concepts in innovation and focuses on the innovation-related challenges in the agri- and food industry. In this respect, the course sets the stage for the program and provides the foundations for the other courses that this program consists of. More specifically, the following components will be covered during the course:

1) Agribusiness
    - Danish agri and food industry: An introduction
    - Structural development
    - The global agri and food business
    - Food markets: Characteristics, barriers and challenges

2) Innovation
    - Basics of innovation
    - Theoretical underpinnings of innovation and innovative activity
    - Innovation and the value chain
    - Industry and technology dynamics
    - Protecting innovation
    - Innovation-related challenges in the agri-food industry

3) Case studies: problem identification, analysis, discussion

The students are required to write a term paper that deals with an innovation (new product, new process, new business model, etc.) in the agribusiness or food industry.

The course's development of personal competences

The main objective of the course is to provide the student with a basic understanding of the agri-food industry, innovation economics and management, as well as the innovation-related challenges in the agri-food industry in Denmark, Europe and internationally.

Teaching methods
Lectures and cases. Moreover, several company visits and external lectures will be offered.
Expected literature

Schilling, M. A., “Strategic management of technological innovation”, McGraw-Hill (3rd edition), New York, 2010.

Other literature to be announced.

Last updated on 28-06-2012