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2014/2015  KAN-CCMVV4022U  Innovation in practice

English Title
Innovation in practice

Course information

Language English
Course ECTS 7.5 ECTS
Type Elective
Level Full Degree Master
Duration One Semester
Course period Autumn, Spring
Timetable Course schedule will be posted at calendar.cbs.dk
Max. participants 40
Study board
Study Board for MSc in Economics and Business Administration
Course coordinator
  • Thilde Nørgaard Kristensen - Department of Organization (IOA)
(tnk.ioa@cbs.dk)
Course administrator Mette Ellekrog (mbe.ioa@cbs.dk)
Main academic disciplines
  • Innovation and entrepreneurship
  • Management
  • Organization
  • Corporate and Business Strategy
  • Economic and organizational sociology
  • Methodology
Last updated on 09-01-2015
Learning objectives
After completing this course, students should demonstrate that they can:
  • Recognize the challenge of making innovation a managerial discipline
  • Understand and apply the methodologies, tools and perspectives available for working with innovation in practice
  • Discuss and suggest possible solutions for companies in maximizing their innovation efforts
  • Critically assess the scope, limits and complementarities of applying the different methodologies, tools and perspectives presented in the course to actual cases
Prerequisites for registering for the exam
Number of mandatory activities: 1
Requirements about active class participation (assessed approved/not approved)
Students must participate actively in class by making at least one oral presentation of a min. of 15 minutes during the course
Examination
Innovation in practice:
Exam ECTS 7,5
Examination form Oral exam based on written product

In order to participate in the oral exam, the written product must be handed in before the oral exam; by the set deadline. The grade is based on an overall assessment of the written product and the individual oral performance.
Individual or group exam Individual
Size of written product Max. 5 pages
Assignment type Synopsis
Duration
Written product to be submitted on specified date and time.
20 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Preparation time No preparation
Grading scale 7-step scale
Examiner(s) Internal examiner and external examiner
Exam period December/January and May/June
Make-up exam/re-exam
Same examination form as the ordinary exam
Description of the exam procedure
In the beginning of the oral exam, the student makes a presentation of an empirical formulation, on basis of the synopsis.
Course content and structure
The main goal of the course is to increase the understanding of how innovation is practiced and carried out in organisations today. Innovation is not a new term, but many companies still struggle with the practice of innovation, and getting the promised value of out their efforts.  The theoretical foundation is somewhat understood by many managers, but the tools and methodologies to do it in practice are still unclear to many.
 
The aim is thus to present and discuss different ways of how innovation may become real in different organisations, and reflect on the challenges occurring when doing so. The intention is to take the students through all phases and aspects of practicing innovation; from identifying opportunities for innovation, over generating and evaluating ideas, to validating ideas in practice and realizing innovation initiatives.
 
To make it as real as possible, the students will (in groups) have the task of working on their own innovation project (identified via their student jobs, or by use of a case provided by the teacher). At each class, at least one group will present selected aspects of their project and the related empirical challenges, and the discussion in the class will take its starting point in this presentation. The discussion will evolve through theoretical perspectives brought in by the teacher, as well as (other) empirical examples and cases. For the exam, the students will have to write a synopsis based on their project and relevant empirical challenges and make an oral presentation at the exam.
 
Hereby, the students will get a very real experience of what it takes to become successful with innovation and the challenges occurring along the way. The topics and challenges discussed in the classes could include:
 
-       Approaches for stimulating innovativeness in the efficient organization
-       Approaches for identifying opportunities for innovation
-       Designing, planning and executing effective idea campaigns
-       Blueprinting and maturing ideas
-       Evaluating and selecting ideas for development
-       Assessing, testing and developing ideas through the stages of development
Teaching methods
The course will be case-based and draw on the vast experience of the teacher(s) involving external presenters with an experience in practicing innovation.

Each class will include a presentation by a student group, at least one academic reference for reflection on the topic, and possibly other empirical cases. It will aim to create an understanding of an empirical problem, a discussion of possible solutions and a reflection based on theoretical and/or practical implications.

The teacher is the main driver of the classes, responsible for creating the discussion and bringing about relevant reflections and perspectives. The students are however expected to participate with a high level of involvement, with at least one group presenting the progress of their project at each class as part of their overall evaluation.

It is expected that all students have read the case and academic reference, and bring in input to the discussion, also when they are not presenting.
Further Information
Changes in course schedule may occur
Monday 08.00-10.35, week 36-41, 43-47
Expected literature
  • The Little Black Book of Innovation, Scott D. Anthony
  • Discovery Driven Growth, Rita McGrath + Ian MacMillan
  • Innovation As Usual, Paddy Miller + Thomas W.W.
  • The Four Steps to the Epiphany, Steve Blank
  • Where Good Ideas Come From, Steve Johnson (book or TED)
  • Innovation As Usual, Paddy Miller + Thomas W.W.
  • Managing Front-End Innvation at Novozymes, Lauto + Valentin + Hatzack
Last updated on 09-01-2015