English   Danish

2019/2020  KAN-CBIOO1009U  Innovation Challenges in BioBusiness

English Title
Innovation Challenges in BioBusiness

Course information
Language English
Course ECTS 7.5 ECTS
Type Mandatory offered as elective
Level Full Degree Master
Duration One Quarter
Start time of the course First Quarter
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for MSc. in Business Administration and Bioentrepreneurship
Course coordinator
  • Valentina Tartari - Department of Strategy and Innovation (SI)
Main academic disciplines
  • Innovation
  • Strategy
Teaching methods
  • Face-to-face teaching
Last updated on 01-07-2019

Relevant links
Learning objectives
  • Make informed choices with respect to R&D projects
  • Describe and assess the potential for formal and informal external knowledge sourcing and how it may help the organization in its pursuit of the next generation of innovations
  • Formulate innovation based strategies in a high-tech settings and account for their use
  • Reflect on how companies can effectively manage highly creative and skilled individuals, such as scientists
  • Reflect on the challenges of professional networking and assess its impact on careers
  • Acquire professional skills in strategy formulation and management
Course prerequisites
This is a mandatory course for the MSc in Business Administration and Bioentrepreneurship. This course is an advanced course in innovation management, and therefore it is preferable to possess some basic notions of innovation management.

To sign up send a 1-page motivational letter and a grade transcript to ily.stu@cbs.dk before the CBS registration deadline for elective courses. You may find the registration deadlines on my.cbs.dk ( https:/​​/​​studentcbs.sharepoint.com/​​graduate/​​pages/​​registration-for-electives.aspx ). Please also remember to sign up through the online registration.
Examination
Innovation Challenges in BioBusiness:
Exam ECTS 7,5
Examination form Written sit-in exam on CBS' computers
Individual or group exam Individual exam
Assignment type Case based assignment
Duration 4 hours
Grading scale 7-point grading scale
Examiner(s) One internal examiner
Exam period Autumn
Aids Open book: all written and electronic aids, including internet access
Read more here about which exam aids the students are allowed to bring and will be given access to : Exam aids and IT application package
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.
Course content, structure and pedagogical approach

The course will examine factors shaping opportunities for innovation in biobusiness, and the business implications of those opportunities. The theme of strategy choices emphasize alternatives faced by both established and emerging bio-firms and the relevant tools for strategic decision.

The course will be structured around managerial challenges firms face in the biotech, pharmaceutical and medical equipment sector. Key topics will include:

  • Partnerships negotiation
  • Networking
  • Design innovation
  • Managing creativity
  • IP negotiations
  • External innovation development
Description of the teaching methods
The course is going to be based on experiential learning, and it will put great emphasis on building professional skills applied to the context of biobusiness. The role of teachers will be to set the challenges and create an environment of inquiry. The workplace of the 21st century requires professionals that have extensive knowledge, but who also know how to apply that knowledge and to problem solve, as well as function as part of a team: these are skills that this course aims to provide. Each session will be centered around a case or a simulation, either presented by the lecturer or by a guest speaker from industry. Students will work in pre-assigned groups in class through the cases that are presented.
Feedback during the teaching period
Students will regularly receive feedback on intermediate work outcomes, primarily provided during presentations in class.
Student workload
lecture 32 hours
preparation 174 hours
Expected literature
  • Cockburn, I.M. and Henderson, R.M. (1998). Absorptive capacity, coauthoring behavior, and the organization of research in drug discovery. Journal of Industrial Economics, 46(2), 157–182.
  • Powell, W.W., Koput, K.W. and Smith-Doerr, L. (1996). Interorganizational collaboration and the locus of innovation: networks of learning in biotechnology. Administrative Science Quarterly, 41(1), 116.
  • Stuart, T., & Sorenson, O. (2003). The geography of opportunity: spatial heterogeneity in founding rates and the performance of biotechnology firms. Research Policy, 32(2), 229-253.

 

Additional literature will be announced in the course syllabus.
Last updated on 01-07-2019