• Demonstrate an understanding of innovation theory
• Show an appreciation of the impact of context on innovation
• Synthesize theory with practice and demonstrate how to deploy innovation
• Critically reflect about how to integrate theoretical insights to limitations, and its efficacy for innovations in the future.

The focus of this course is to expose the student to the dynamic nature of innovation as it has been theorized in the past, its present application and how it might evolve in the future within the backdrop of a fast digitalizing ecosystem. Focus during these lectures will be on how innovation has evolved as a primary idea of our time. What impact innovation theorizing has on the current industrial ecosystem and its impact on our lives. Furthermore, we will explore the direction of innovation thinking, how it has integrated several ideas from other fields. What is the implication of such integration to current innovation thinking and for the future?

Preliminary assignment: Before students start participating in classroom activities. It is recommended that the students read the following book for familiarization of the topic and general understanding of the consequence of innovation for prosperity and human wellbeing. Reading this book is mandatory as a preliminary activity before class commences. Students write a two page summary of the book and come to the first class with this summery. Initial discussion in the class will take note of the students understanding of innovation derived from the book.

Book title

Acemoglu, D., & Robinson, J. (2013). Why Nations Fail: The Origins of Power, Prosperity, and Poverty. Retrieved December 9, 2015, from http://www.amazon.com/Why-Nations-Fail-Origins-Prosperity/dp/0307719227

We will start from current innovation ideas, addressing the diversity of innovation thought and proposed models. We will then highlight our current context and explore how innovation research deals with the present. Finally we will critically reflect about the future and the implication of innovation theorizing on understanding the future shape of opportunity creation and innovation. This course is to provide the students an experience of innovation during classroom activities while using the literature as a scaffold to support the experience of the student’s innovative initiative during the unfolding of the course.

The course aims at developing integrational skills, primarily integrating classroom experience with literature, Moe specifically; the articles, (those articles that inspired the student most and why).

Reflections from the workshops (the scrum report is a document prepared by students about each class, how it flowed, the issues discussed, the ideas missed and additional literature from the web which could be useful for the topic).

The personal diary (where the students records his or her personal reflections about the class, what they learnt, what they are unclear about and need feedback from the resource person or the group on and questions that they would like addressed in feedback sessions during the next class).

Finally their experiences from the group itself, (how the groups innovative idea evolved, what were the challenges and how did the group use the literature to help address the innovative journey). :

All students will be required to build something innovative during class hours in groups while they use theories to understand and critically evaluate the relevance of literature in the context of practice.

The course themes are as follows;

•           Where do innovation theories come from, an historical understanding of innovation.

•           Understanding the nature of theoretical evolution of innovation thinking.  

•           The economics of innovation

•           The impact of innovation on modernity

•           The process of innovation

•           What are business models, how do they support innovation.

Types of innovation, co-creation, frugal innovation etc in emerging ½

Economies

•           Challenges and obstacles

•           The business of innovation and opportunities

•           Synchronous and a-synchronous innovation

•           Innovation policies and their impact

•           Innovative firms, best practices, success stories and what can we learn

•           Entrepreneurial leadership and innovative potential, connecting the dots.

•           Focusing on the idea and building a business; exploring entrepreneurial capacity from the innovation.

•           A critical evaluation of innovation in flux, what to expect from the future as innovation thinking evolves.

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/will be 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 in March 2021.

Lecture 1: Innovation, a reflective understanding of the scope.

Bonchek, Mark (2016) How to Create an Exponential Mindset. Business Models. Harvard Business Review. July 27,

Hobday, M. (2005). Firm-level innovation Models: Perspectives on Research in Developed and Developing Countries. Technology Analysis and Strategic Management, 17 (2), pp. 121-146.

Lecture 2; Innovation and its context, A Macro view

Cohen, W. M. & Levinthal, D. A. (1990): "Absorptive Capacity: A new Perspective on Learning and Innovation". Administrative Science Quarterly, Volume 35, Issue 1 pg. 128-152.

March, J. G. (1991): "Exploration and Exploitation in Organizational Learning". Organization Science 2, Special 71-87.

 Huff, T. E. (1973). Theoretical Innovation in Science: The Case of William F. Ogburn. American Journal of Sociology, 79, pp. 261–277.

Lecture 3 the economics of innovation

Barney, J. (1991). Firm Resources and Sustained Competitive Advantage. Journal of Management, 17 (1), pp. 99-120.

 Beise, M. (2004). Lead Markets: Country-specific Success Factors of the Global Diffusion of Innovations. Research Policy, 33 (6/7), pp. 997-1018

Ruttan, V. W. (1959). Usher and Schumpeter on Invention, Innovation, and Technological Change. Quarterly Journal of Economics, 73, pp. 596-606.

 Lecture 4 Innovation models.

Henderson, Rebecca M., and Kim B. Clark. 1990. “Architectural Innovation: The Reconfiguration of Existing Product Technologies and the Failure of Established Firms.” Administrative Science Quarterly 35(1):9

Castellacci, F. (2008). Technological Paradigms, Regimes and Trajectories: Manufacturing and Service Industries in a New Taxonomy of Sectoral Patterns of Innovation. Research Policy, 37, pp. 978-994

Lecture 5 Path Dependency: Is it a barrier  to innovation?

Djelic, M-L. and Quack, S. (2007), “Overcoming path dependency: path generation in open systems”, Theory and Society, Vol. 36, pp. 161-86.

Goldstone, J. (19 98a), “Initial conditions, general laws, path-dependence, and explanation in historical sociology”, American Journal of Sociology, Vol. 104, pp. 829-45

Lecture 6 Disruptive innovations: How disruptive, is disruptive innovation.

Christensen, C. M. (2006). The ongoing process of building a theory of disruption. Journal of Product Innovation Management, 23(1), 39–55. http:/​​/​​doi.org/​​10.1111/​​j.1540-5885.2005.00180.x

 Chase, Robin. (2016) We need to expand the definition of disruptive innovation. Disruptive Innovation. Harvard Business Review. January,.

Lecture 7 Business model innovations and creative destruction

Casadesus-Masanell, Ramon and Tarziján. Jorge. (2012) When One Business Model Isn’t Enough. Harvard Business Review. Business Models. January–February  Issue

Chesbrough, Henry. (2010) Business Model Innovation: Opportunities and barriers. Long Range Planning 43  354-363.

Magretta, Joan. (2002) Why Business Models matter. Financial Management. Harvard Business Review,.

Lecture 8 Open innovation and co-creation, Innovation as a living evolving idea

Chesbrough, H. (2006). Open Innovation: A New Paradigm for Understanding Industrial Innovation. Open Innovation: Researching a New Paradigm, 1–12. http:/​​/​​doi.org/​​citeulike-article-id:5207447

Leavy, B. (2012). Collaborative innovation as the new imperative - design thinking, value co-creation and the power of “pull”. STRATEGY & LEADERSHIP, 40(2), 25-34

Lecture 9 Low cost, high quality, high impact innovation

Govindarajan, V., & Ramamurti, R. (2011). Reverse Innovation, Emerging Markets, and Global Strategy. Global Strategy Journal, 1(3-4), pp. 191-205.

Sehgal V., Dehoff K., & Panneer G. (2010). The Importance of Frugal Engineering. Strategy + Business, 59, pp. 1-5.

 Lecture 10 Innovative firms, best practices, success stories and what can we learn for the future.

Lindegaard, S. (2009). Open Innovation Versus User-driven Innovation: Lego and Toyota cases. Retrieved February 12, 2014 from the site: http:/​​/​​www.15inno.com/​​2009/​​01/​​26/​​open-innovation-versus-user-driven-innovation-lego-and-toyota-cases/​​.

 Mukherji, S. (2011). SELCO: Solar Lightning for the Poor. – SELCO: Solar Ligthning for The Poor. UNDP Case Study, Retrieved from: http:/​​/​​www.growinginclusivemarkets.org/​​media/​​cases/​​India_SELCO_2011.pdf  

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