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2020/2021  KAN-CCMVV1762U  Open Innovation and Branding

English Title
Open Innovation and Branding

Course information
Language English
Course ECTS 7.5 ECTS
Type Elective
Level Full Degree Master
Duration One Quarter
Start time of the course Second Quarter
Timetable Course schedule will be posted at calendar.cbs.dk
Max. participants 80
Study board
Study Board for MSc in Economics and Business Administration
Course coordinator
  • Karin Tollin - Department of Marketing (Marketing)
  • Richard Jones - Department of Marketing (Marketing)
Main academic disciplines
  • Communication
  • Management
  • Marketing
Teaching methods
  • Blended learning
Last updated on 04-06-2020

Relevant links
Learning objectives
  • • Present arguments for open innovation that exhibit an understanding of what characterises the different types of open innovation approaches.
  • • Outline the factors and circumstances, both within organizations and across their networks of co-operating partners that may act as drivers or barriers to implementing open innovation
  • • Outline the organizational capabilities required to ensure that open innovation is a sustained and successful path followed throughout entrepreneurial innovation processes
  • • Describe how understanding of branding has evolved in marketing literature and in business practice
  • • Analyse the association between open innovation and branding, as well as the drivers that might align these two processes.
  • • Propose ways to make stakeholders engaged, or more engaged, in a company’s entrepreneurial initiatives and innovation processes.
  • • Understand and describe the role and nature of branding in driving open innovation.
Examination
Open Innovation and Branding:
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 Case based assignment
Duration 2 weeks to prepare
Grading scale 7-point grading scale
Examiner(s) One internal examiner
Exam period Winter
Make-up exam/re-exam
Same examination form as the ordinary exam
Description of the exam procedure

Students will receive three questions, two of which relate directly to the cases and literature presented and discussed during the course
Course content, structure and pedagogical approach

Driving and successfully implementing entrepreneurship and innovation does not depend solely on the organization, its managers, or its entrepreneurial founder or corporate chief executive. Rather, the most important contributors and co-creators of new insights, ideas, and innovations are to be found among the networks of co-operating stakeholders, customers, and end-users. A central thesis underpinning this minor, reflecting insights from current literature, is that open innovation and stakeholder engagement in innovation processes demand particular considerations, processes, and capabilities. Therefore, this course focuses on the role and meaning of branding for establishing and successfully managing stakeholder relationships, in an era and context in which open innovation represents the primary path for innovation. The open innovation and stakeholder co-creation research that informs this course highlights the essential determinants of open innovation strategies, as well as the challenges and issues involved in engaging multiple stakeholders in an innovation process. Accordingly, open innovation may take different forms, in terms of collaborative ties and the intensity of collaboration; the form or level of this openness also is governed by various factors and circumstances across the firm and its external environment. Both innovation and company performance depend on these levels of openness, so this course encourages students to gain a clearer understanding of the effects, using real case analyses. To develop their understanding of the obstacles to open innovation, students will consider case companies that either represent best cases or have not yet embraced this logic in their business models.

 

In particular, the course content will emphasise a main obstacle and challenge identified in prior literature: stakeholder relationship management. Organizations must start by finding and engaging the right stakeholders for co-creation (e.g., customers, resellers, suppliers, non-governmental organizations), whether organizations or individuals, who offer novel insights and experience but also are motivated and able to reveal their ideas and beliefs through communication with the firm (online or offline). The complexity of open innovation implies that engaging customers demands very different considerations and processes than does engaging resellers, universities, or non-profits. Therefore, a second objective of the course is to encourage understanding of the meaning of branding when open innovation is a central feature of companies’ innovation efforts. Combining these teaching objectives, this course will integrate insights from contemporary literature dealing with complex and dynamic contexts in which stakeholders call for transparency and authenticity, along with analyses of a set of companies in which the integration of open innovation and branding is apparent. A central question will govern the analysis of the literature and cases: What are the key issues, processes, and capabilities associated with brand management when openness has become the primary mode for a company’s innovation?  
Description of the teaching methods
Experiential learning is the primary pedagogical approach followed in class sessions and workshops.
Feedback during the teaching period
During the entire course students will receive feedback on their performance and progress when working with the course assignments and when participating in dialogues and discussions in class.
Student workload
Preperation 123 hours
Teaching 33 hours
Exam 50 hours
Further Information

This course is part of the minor in Entrepreneurial Marketing for Corporate Business
Expected literature

Baltazar Herrera, M. E. (2016). Innovation for impact: Business innovation inclusive. Journal of Business Research, 69 (5), 1725-1730.

Beverland, M. (2009) Building brand authenticity. Palgrave MacMillan, UK, ISBN 9780230250802

Brexendorf, T., Bayus, B., and Keller, K. (2015). Understanding the interplay between brand and innovation management: Findings and future research directions. Journal of the Academy of Marketing Science, 43(5), 548-557

 

Cavender, R.C. and Kincade, D.H. (2015). A luxury brand management framework built from historical review and case study analysis. International Journal of Retail & Distribution Management, 43 (10/11), 1083-1100. https:/​/​doi.org/​10.1108/​IJRDM-07-2014-0103

Chesbrough, H., Vanhaverbeke, W., and West, J. (2014). New frontiers in open innovation. Oxford: Oxford University Press, ISBN9780191504990

Gemser, G. and Perks, H. (2015). Co-Creation with customers: An evolving innovation research field. Journal of Product Innovation Management, 32 (5), 660-665.

Kazadi, K., Lievens, A., and Mahr, D. (2016). Stakeholder co-creation during the innovation process: Identifying capabilities for knowledge creation among multiple stakeholders. Journal of Business Research, 69, 525-540.

Martinez, M. G., Lazzarotti, V., and Manzini, R., (2014). Open innovation strategies in the food and drink industry: determinants and impact on innovation performance. International Journal of Technology Management, 66 (2/3), 212-241

Miller, D., and Merrilees, B. (2013). Rebuilding community corporate brands: A total stakeholder involvement approach. Journal of Business Research, 66(2), 172-179

 

Napoli, J., Dickson-Delaporte, S., and Beverland, M. B. (2016). The brand authenticity continuum: strategic approaches for building value. Journal of Marketing Management, (February), 1-29.

Nicholas, A. (2009) Brand authentication: creating and maintaining brand auras. European Journal of Marketing, 43 (3/4), 551-562.

Veloutsou, C. and  Francisco Guzmán F. (2017) The evolution of brand management thinking over the last 25 years as recorded in the Journal of Product and Brand Management. Journal of Product & Brand Management, 26 (1), 2-12, https:/​/​doi.org/​10.1108/​JPBM-01-2017-1398

West, J. and Bogers, M. (2014). Leveraging external sources of innovation: A review of research on open innovation. Journal of Product Innovation Management, 31 (4), 814-831.
Last updated on 04-06-2020