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2021/2022  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
  • Louise Karlskov Skyggebjerg - Department of Management, Politics and Philosophy (MPP)
Contact information: student hub
Main academic disciplines
  • Entrepreneurship
  • Innovation
  • Management
Teaching methods
  • Blended learning
Last updated on 26-04-2021

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:
  • Ability to analyze innovation and entrepreneurship as a practice in different contexts.
  • • Ability 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.
  • •Ability to explain, use and discuss various methods for generating, evaluating and presenting new ideas and business opportunities in a variety of contexts.
  • •Ability to discuss the key activities, resources, relationships and mechanisms necessary to develop new products/services/market categories.
Course prerequisites
The students are required to have basic knowledge of general management and organization theory.
Examination
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

The course introduces the basics of entrepreneurship and innovation in theory and practice. It focuses in particular on (a) innovation as a practice in different contexts, (b) the identification and evaluation of new business opportunities, (c) the management of innovation.
 

We 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.

In the course, we will emphasize the skills, capabilities, and judgment needed to effectively manage innovation processes. The course takes a unique interdisciplinary approach to entrepreneurship, integrating entrepreneurial history with current trends in strategic thinking about innovation. 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 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 as part of the course.
Feedback during the teaching period
Feedback will be provided to the students as follows:

- In-class or online feedback on assignments and group-work.
- Office hours.


Student workload
Class participation & Online sessions 38 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 case studies, selected chapters from books on innovation management as well as scientific papers.

 

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


Examples of literature:

 

Christensen, C.M., Raynor, M.E. & McDonald, R (2015): What is disruptive innovation.” Harvard Business Review 93 (12), 44-53.

 

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

Luthje, C., Herstatt, C. & Hippel, E. (2005): “User-innovators and “local” information: The case of mountain biking.” Research Policy 34, 951–965.

Osterwalder, A. & Pigneur, Y. (2010): Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers pp. 4-44.

 

Popp, A. & Holt, R (2013): The Presence of Entrepreneurial Opportunity.” Business History vol. 55.

 

Russel, A. & Vinsel, L. (2016): “Hail the maintainers.” Aeon.

 

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

 

Schumpeter, J. (1947): “The Creative Response in Economic History.” Journal of Economic History vol. 9.

 
Last updated on 26-04-2021