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2014/2015  BA-BHAAO2000U  Strategic Management of Innovation and Technology

English Title
Strategic Management of Innovation and Technology

Course information

Language English
Course ECTS 7.5 ECTS
Type Mandatory offered as elective
Level Bachelor
Duration One Semester
Course period Autumn
Timetable Course schedule will be posted at calendar.cbs.dk
Max. participants 30
Study board
Study Board for BSc in Economics and Business Administration
Course coordinator
  • Christoph Grimpe - Department of Innovation and Organizational Economics (INO)
Main academic disciplines
  • Globalization, International Business, markets and studies
  • Innovation and entrepreneurship
  • Corporate and Business Strategy
Last updated on 20-06-2014
Learning objectives
The course has multiple objectives. After having participated in this course students
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).
  • Apply these theories/concepts and their specific tools in case studies.
  • Identify sources for creative ideas for companies, both company-internally and company-externally. They are able to do so theoretically (on the basis of the literature provided in the course) and also practically (in a case).
  • Evaluate the business ideas identified, using specific characteristics derived from the literature provided in the course (e.g. realizability, value, novelty, etc.).
  • Analyze and evaluate the causes and effects of the introduction of an innovation.
  • Reflect on (literature about) innovation management, entrepreneurship, economics, marketing, and organization.
  • Compare different streams of research/theory with regards to the topics mentioned, to understand and use the tools provided in the literature and to connect the literature to their specific case/project.
  • Apply the overall knowledge developed in the course in a specific case and to work together with the course teachers on a specific project, identifying, evaluating and developing creative ideas.
Strategic Management of Innovation and Technology:
Exam ECTS 7,5
Examination form Written sit-in exam
Individual or group exam Individual
Assignment type Written assignment
Duration 4 hours
Grading scale 7-step scale
Examiner(s) One internal examiner
Exam period Winter Term
Aids allowed to bring to the exam Closed Book: no aids
Make-up exam/re-exam
Same examination form as the ordinary exam
If the number of registered candidates for the make-up examination/re-take examination warrants that it may most appropriately be held as an oral examination, the programme office will inform the students that the make-up examination/re-take examination will be held as an oral examination instead.
Hvis antallet af eksaminander til syge/omprøven tilsiger, at prøven mest hensigtsmæssigt kan afholdes som en mundtlig prøve, vil sekretariatet give meddelse om at syge/omprøven afholdes som mundtlig prøve i stedet.
Course content and structure

Aim of the course

The course aims at developing the capabilities needed to manage innovation from its early stages to the introduction of products or services in the market and the strategic positioning of the firm within its industry based on its innovative portfolio.


Innovation is a cornerstone of competitive advantage and firm growth. In this course, we will focus on how firms can strategically leverage different types of innovation to compete on the global market place. Special emphasis is placed on technological innovation, which is at the core of successful companies like Apple or Samsung. This introductory course to the strategic management of innovation and technology will discuss theories, models and tools that are central to managing the identification,

development and commercialization of innovations, plus the consequences of doing so in a competitive environment. Core topics with regards to innovation management are for instance, knowledge about the various types and characteristics of an innovation and innovative activities, how to search for novel ideas, what tools to use inside and outside of the firm to evaluate promising ideas efficiently and accurately, as well as various forms to develop innovations inside and outside of the firm.

In addition to the basics of innovation strategy, the course will introduce insights and tools from fields such as entrepreneurship (e.g. how and why individuals identify promising opportunities while others do not), economics (e.g. the roles and powers of different players within an industry and the effect of various market forms), marketing (e.g. how the transfer from early, small market segments to broad market segments can be managed), organization (e.g. how organizations change when introducingimportant new products and services), and management (e.g. how new business

models in the area of open and distributed innovation can look like).

Teaching methods
The course follows the structure of a three hour per week, lecture style class. Shorter case studies are an integral part of the classes. During the first half of the course, students will receive a basic introduction to innovation and the management of innovation. Following, the students will be introduced to the management of innovative processes. In the last session, the students will work on a specific case and apply the theories and tools/models learned in a specific situation, preparing them for the final exam.

Teaching includes lecture-style classes, in-class workshops with students presenting and actively participating in discussions and guest lecturers from innovative companies. The specific of this course is furthermore that INO will integrate various teachers in this course, each bringing in their respective special expertise.
Expected literature

Core reading:

  • Schilling, Melissa A. (2013). Strategic management of technological innovation (4th edition), McGraw-Hill, New York.

Additional literature:

  • Bower, Joseph L. and Clayton M. Christensen (1995). Disruptive technologies: catching the wave. Harvard Business Review: January-February 1995, 43-53.
  • Chesbrough, Henry W. (2007). Business model innovation: it’s not just about technology anymore. Strategy & Leadership: 35 (6), 12-17.
  • Chesbrough, Henry W. (2003). The era of open innovation. MIT Sloan Management Review: 44 (3), 35-41.
Last updated on 20-06-2014