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2018/2019  MA-MMFUO1070U  Managing Open Innovation

English Title
Managing Open Innovation

Course information

Language English
Course ECTS 5 ECTS
Type Mandatory
Level Part Time Master
Duration One Semester
Start time of the course Spring
Timetable Course schedule will be posted at calendar.cbs.dk
Min. participants 10
Max. participants 30
Study board
Study Board for Master i forretningsudvikling
Course coordinator
  • Marion Poetz - Department of Strategy and Innovation (SI)
Main academic disciplines
  • Innovation
Teaching methods
  • Face-to-face teaching
Last updated on 05-07-2018

Relevant links

Learning objectives
  • Understand the principles of Open Innovation and related risks and opportunities. The student must also understand where innovation-related knowledge is located and have learned about distributed sources of innovation (inside and outside organizational boundaries), their characteristics and good-practice examples.
  • Obtained knowledge about key approaches and related methods for search across distributed sources of innovation and their advantages, disadvantages, and fields of application.
  • Understand prerequisites, constraints, and opportunities of local vs. distant search in generating innovations. The student must also understand the importance of users as a source of innovation and how the search processes for users’ innovation inputs can be designed.
  • Have knowledge about specific approaches, tools, and real-life applications related to the use of Open Innovation in developing innovation.
  • Cognitive and subject specific skills in accessing and leveraging innovation-related knowledge located in distributed sources as well as skills in assessing their organizations’ search competences for integrating knowledge from distributed innovation sources.
  • Skills in orderly, analytical thinking, analyzing cases, and effectively reporting results in a written and oral form.
  • Skills for systematically matching innovation-related problems with appropriate sources of innovation and solution search strategies
Course prerequisites
There are no preconditions for your participation. The course is relevant to managers from all kinds of industries who want to influence their workplaces and careers by mastering new forms of innovation practices. More specifically, practices that are characterized by being more open, collaborative, and multi-domain-spanning than traditional models.
Examination
Managing Open Innovation:
Exam ECTS 5
Examination form Home assignment - written product
Individual or group exam Individual exam
Size of written product Max. 10 pages
Assignment type Written assignment
Duration Written product to be submitted on specified date and time.
Grading scale 7-step scale
Examiner(s) Internal examiner and second internal examiner
Exam period Summer
Make-up exam/re-exam
Same examination form as the ordinary exam
Description of the exam procedure

Students will design open innovation projects, draft an implementation plan, and assess relevant critical factors for project implementation. 

Course content and structure

This course provides the foundation for managing open innovation processes in firms. Comparing closed to open innovation approaches, the course focuses on outside-in open innovation processes, i.e. sourcing external knowledge from and collaborating with users, universities, suppliers, competitors, and the like for generating innovation. Moreover, the course discusses the interplay between innovation, exploration, exploitation, and search, and the growing importance of efficient search approaches across widely distributed sources of innovation. More specifically, we will discuss the concepts of local vs. distant search and related search methods for accessing and leveraging innovation-relevant knowledge.

 

The Managing Open Innovation course will particularly highlight the role of users and user communities as a source of innovation. Finally, the course will introduce participants to concrete search applications such as crowdsourcing for generating inputs to organizations’ innovation processes.

Description of the teaching methods
The course will be organized in full-day, workshop-style blocks. It applies an interactive and problem-based teaching approach and combines a mix of mini lectures, ad-hoc group work based on mini-exercises, case study analysis, in-class presentations and discussions, and guest speakers.
Feedback during the teaching period
Feedback during class will be possible.
Student workload
Preparation 105 hours
Teaching hours 32 hours
Exam 0,5 hours
Last updated on 05-07-2018