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2020/2021  BA-BHAAV5006U  Innovation Management

English Title
Innovation Management

Course information

Language English
Course ECTS 7.5 ECTS
Type Elective
Level Bachelor
Duration One Semester
Start time of the course Autumn, Third Quarter
Timetable Course schedule will be posted at calendar.cbs.dk
Max. participants 90
Study board
Study Board for BSc in Economics and Business Administration
Course coordinator
  • Dan Wadhwani - Department of Management, Politics and Philosophy (MPP)
Contact information: student hub
Main academic disciplines
  • Entrepreneurship
  • Innovation
  • Management
Teaching methods
  • Blended learning
Last updated on 21-10-2020

Relevant links

Learning objectives
During the course, students will learn about managing innovation primarily within start-up firms, but also in the broader realm of the entrepreneurial journey, and society.

Having completed the course students should acquire knowledge about models, concepts and theories within innovation management.
The aim of the course is also to enable the students to understand, analyze and improve business ideas, value propositions, business models and companies' approach to market.

Therefore, the high grade (12) in the exam is characterized by fulfilling the following criteria:
  • The student demonstrates a high level of command of the syllabus.
  • The student is able to apply theories, models, and concepts from the syllabus in a systematic, critical and thorough manner when analyzing and discussing problems and cases within innovation management and start-up entrepreneurship.
  • The student is able to discuss the key activities, resources and relationships necessary to develop products/services with a viable customer value proposition.
  • The student is able to use various methods for presenting ideas to others in a variety of contexts. A specific outcome of these efforts will be the new business pitch that student teams will be encouraged to complete on the last day of class.
Course prerequisites
No specific requirements – however the students are required to have basic knowledge of general management and organization theory

Please note that the elective course is reserved for HA students who wish to write their bachelor project in this elective course.
Innovation Management:
Exam ECTS 7,5
Examination form Home assignment - written product
Individual or group exam Individual exam
Size of written product Max. 5 pages
Assignment type Written assignment
Duration 24 hours to prepare
Grading scale 7-point grading scale
Examiner(s) One internal examiner
Exam period Winter and Spring
Make-up exam/re-exam
Same examination form as the ordinary exam
Course content, structure and pedagogical approach

During the course, students will learn about managing innovation primarily within start-ups. The course also includes some blended learning elements and encourages students to interact and work in teams.

The course introduces students to the basics of entrepreneurship and innovation in theory and practice. It focuses in particular on (a) the evaluation of new business opportunities, (b) the assembly of resources, and (c) the management of risks and returns.
Students will discuss the concept of innovation in connection with (i) the broader society; (ii) the entrepreneurial journey; (iii) the development of business models within the firm. In light of this, students will discover that the innovation process is not predictable, linear, and sequential, but complex, iterative and dynamic - it includes several stakeholders and layers within human society.

We emphasize the skills, capabilities, and judgment needed to effectively manage innovation processes. The course takes a unique interdisciplinary approach to entrepreneurship, integrating entrepreneurial history, strategy, and finance. It teaches students how to draw on the past in imagining opportunities, assembling resources, dealing with uncertainties, and legitimizing innovative ventures.


Description of the teaching methods
The primary teaching method is based on lectures combined with and case analysis and class discussions. There will be some blended learning elements comprising videos and online exercises. Furthermore, the course will, if possible, include a few guest speakers with practical experiences in managing innovation.
Students will be encouraged to work in teams on a business idea and pitch it at the end of the course.
Feedback during the teaching period
Feedback will be provided to the students as follows:

- In-class or online feedback on online assignments and group-work.
- Video feedback on selected case discussion.
- Office hours.

Student workload
Class participation & Online sessions 36 hours
Class preparation & readings 136 hours
Exam preparation 30 hours
Exam 4 hours
Expected literature

The literature-base of the course will consist of a mix between HBP case study (coursepack), selected chapters from books and textbooks on innovation management as well as conceptual scientific papers.


The coursepack can be purchased directly by the students via link provided at the beginning of the course. The other material can be downloaded from the library or will be provided by the teacher. 

Examples of texts in the curriculum can be found the list below. The list does not represent the complete curriculum for the course, which will be included in the syllabus published at the beginning of the course.



Selected chapters from:

Osterwalder, A. & Pigneur, Y (2010): Business Model Innovation, John Viley & Sons

Goffin, K. & Mitchell, R, (2017): Innovation Management – Effective Strategy and Implementation, Palgrave, 2017,

Van de Ven. A.H., Polley, D.E., Garud, R. & Venkataraman, S. (1999): The Innovation Journey, Oxford University Press


Examples of Scientific papers:


Zott, C. & Amit, R. (2010):  Business Model Design: An Activity System Perspective, Long Range Planning, Vol. 43 Iss 2–3


Kim, W.C. & Mauborgne, R. (2005): Blue Ocean Strategy: From Theory to Practice, California Management Review, Spring 2005, Vol. 47.No.3. pp 105-121.


Dyer, Jeffrey H., Hal B. Gregersen, and Clayton M. Christensen. "Entrepreneur Behaviors, Opportunity Recognition, and the Origins of Innovative Ventures," Strategic Entrepreneurship Journal 2, no. 4. (December 2008): 317–338.


Sahlman, WA (1997). "How to Write a Great Business Plan." Harvard Business Review 75 (4): 98-108.


Husted, E., & Plesner, U. (2017). Spaces of open-source politics: Physical and digital conditions for political organization ‚ Organization , 24 (5), 648-670. 


Last updated on 21-10-2020