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2018/2019  KAN-CCMVI2063U  Business Innovation and Science

English Title
Business Innovation and Science

Course information

Language English
Course ECTS 7.5 ECTS
Type Elective
Level Full Degree Master
Duration Summer
Start time of the course Summer
Timetable Course schedule will be posted at calendar.cbs.dk
Max. participants 60
Study board
Study Board for MSc in Economics and Business Administration
Course coordinator
  • Course instructor - Palle Høy Jakobsen, Study Director, CBS. Contact: phj.ino@cbs.dk
    Sven Bislev - Department of Management, Society and Communication (MSC)
In case of any academic questions related to the course, please contact the course instructor or ISUP academic director, Sven Bislev at sb.msc@cbs.dk
Main academic disciplines
  • Entrepreneurship
  • Innovation
Teaching methods
  • Face-to-face teaching
Last updated on 05/12/2018

Relevant links

Learning objectives
To achieve the grade 12, students should meet the following learning objectives with no or only minor mistakes or errors:
  • After the course, the student should have skills and competencies that enables him/her
  • To identify and describe the challenges and opportunities of innovation in science
  • To design an innovation process
  • To understand and manage innovation process in teams and with external partners
  • To discuss and assess the value chain design of new innovation
Course prerequisites
Completed bachelor degree. Basic familiarity with business studies and with the innovation process
Business Innovation and Science:
Exam ECTS 7.5
Examination form Home assignment - written product
Individual or group exam Individual exam
Size of written product Max. 15 pages
Assignment type Project
Duration Written product to be submitted on specified date and time.
Grading scale 7-step scale
Examiner(s) One internal examiner
Exam period Summer, Ordinary exam: Home Assignment: 25/26 June - 29 July 2019. Please note that exam will start on the first teaching day and will run in parallel with the course.
Retake exam: Home Assignment: 72-hour home assignment: 8-11 October 2019 – for all ISUP courses simultaneously
3rd attempt (2nd retake) exam: 72-hour home assignment: 25-28 November 2019 – for all ISUP courses simultaneously

Exam schedules available on https:/​/​www.cbs.dk/​uddannelse/​international-summer-university-programme-isup/​courses-and-exams
Make-up exam/re-exam
Same examination form as the ordinary exam
Retake exam: 72-hour home project assignment, max. 10 pages, new exam question
Exam form for 3rd attempt (2nd retake): 72-hour home project assignment, max. 10 pages, new exam question
Course content and structure

The course is focused on innovation dynamics and science applications, with cases mostly from the pharma and medical industries and some from sustainability business. The course covers a broad set of topics including idea generation and evaluation, innovation, overview of bioscience, pharmaceutical drug discovery and development, medical device development, sustainability product examples, strategy models, market and industry analysis, strategic value chain design, business models and plans, entrepreneurial and corporate innovation as well as collaborations and team based project activities.


Preliminary assignment:
Students are required to read Melissa Schilling, Innovation Management & Palle Høy Jakobsen, Commercialisation of Biotechnology Research and find an interesting, relevant case of an innovation model within science, and be ready to present it in the first class session.

Class 1: Strategic value & innovation dynamics 

Class 2: Science, pharmaceutical drug & medical device discovery and development

Class 3: Strategic value chain design & business models

Class 4: Industry, market and technology analysis

Class 5: Entrepreneurial and corporate innovation, cases

Class 6: Customers in health care, cases

Feedback activity: Following class 5 there will be a small assignment which forms the basis of the feedback activity in class 6.

Class 7: Creating and capturing value of innovation

Class 8: Project management for innovation

Class 9: Open and closed innovation

Class 10: Organising for innovation. Teams

Class 11: Review, wrap-up and exam preparation

Description of the teaching methods
This course is taught using a combination of lectures, cases, group work with an emphasis on case discussions in the class.
Feedback during the teaching period
Following class 5 there will be a small assignment which forms the basis of the feedback activity in class 6.

All Home Project Assignments/mini projects are based upon a research question (problem formulation) formulated by the students individually, and must be handed in to the course instructor for his/her approval no later than 11 July 2019. The instructor must approve the research question (problem formulation) no later than 16 July 2019. The approval is a feedback to the student about the instructor's assessment of the problem's relevance and the possibilities of producing a good report.
Student workload
Preliminary assignment 20 hours
Classroom attendance 33 hours
Preparation 126 hours
Feedback activity 7 hours
Examination 20 hours
Further Information

Preliminary Assignment: To help students get maximum value from ISUP courses, instructors provide a reading or a small number of readings or video clips to be read or viewed before the start of classes with a related task scheduled for class 1 in order to 'jump-start' the learning process.


Course timetable is available on https://www.cbs.dk/uddannelse/international-summer-university-programme-isup/courses-and-exams


We reserve the right to cancel the course if we do not get enough applications. This will be communicated on https://www.cbs.dk/uddannelse/international-summer-university-programme-isup/courses-and-exams end February 2019 at the latest.




Expected literature

Mandatory readings:


Melissa Schilling Strategic Management of technological innovation. McGraw-Hill Education - Europe. ISBN 9781259539060. 2016.
Jakobsen PH. Commercialization of Biotechnology Research. Saxo Publish. ISBN 978-87- 40953-40-4. January 2018.
Reinvent your business before it´s too late, Harvard Business Review Jan-Feb 2011, Paul Nunes and Tim Breene
Using the crowd as an innovation partner. Harvard Business Review April 2013. Kevin J Boudreau and Karim R Lakhani.
Lessons from 60 years of pharmaceutical innovation. Nature review drug discovery, vol 8, 959-968, Dec 2009. Munos B.
Managing your innovation portfolio. Harvard Business REview 67-74, May 2012. Nagje B & Tuff G.


Additional relevant readings:


Charles H Fine. Clock speed. Basic books, 9780738201535

Last updated on 05/12/2018