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2022/2023  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
  • Face-to-face teaching
Last updated on 11-02-2022

Relevant links

Learning objectives
The high grade 12 in the exam is given to the student able to fulfil the following criteria:
  • Explain, compare and apply in case analysis the presented key concepts, theories, and models within the field of innovation and entrepreneurship.
  • Compare different business opportunities and discuss the role of opportunity and uncertainty in innovation processes.
  • Identify and evaluate value propositions and the key activities, resources, and relationships necessary to develop new products, services, or markets.
  • Analyse and critically assess cases of innovation management based on a range of theoretical perspectives and an advanced understanding of innovation.
  • Compare, assess, and select the most relevant for your purpose among shifting concepts (trends) in innovation management theory.
  • Analyse the role, importance, and complexity of innovation and innovation management in different societal contexts. This includes using historical cases and cases from different contexts to denaturalise current perceptions of innovation.
Course prerequisites
The students are required to have basic knowledge of general management and organisation 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

Innovation is a much-used buzzword in modern society. However, do we properly understand the concept in all its complexity? Moreover, what are the consequences of different understandings for how we deal with innovation management?

 

The aim of this course is to enable students to work with and discuss innovation based on an advanced understanding of the process of innovation and innovation management. In teaching, students will learn to see different perspectives and to work with these in relation to cases from real-life situations. We will discuss innovation management both on a societal level and on a more practical level, e.g. within a start-up or an existing company. We will be practical and get inspiration to how to create a business model and find the right partners. However, we will also look at innovation and entrepreneurship in unconventional contexts and discuss innovation management as something going on in a range of places – not always with economic growth as goal.

 

Based on discussions of different theories and cases, students will generally learn about managing innovation both within a start-up and in the broader realm of society. The course introduces the basics of innovation management in theory and practice, and discusses the concepts and processes in connection with (i) trends in the broader society; (ii) different possibilities in different businesses and contexts; (iii) the development of business models in start-ups and existing companies. In light of this, students will discover that innovation and innovation management are not predictable and linear processes, but complex, iterative, and dynamic.

 

The course takes an interdisciplinary approach integrating entrepreneurial history with current trends in strategic thinking about innovation. In this way, it teaches students how to draw on the past when imagining the future. Generally, we emphasise the development of the skills, capabilities, and judgment needed to manage innovation processes effectively.

Description of the teaching methods
The primary teaching method is lectures combined with case analysis and class discussions. However, we will also invite guest lecturers to talk about innovation from a practical perspective, e.g. from personal experience from building up their own start-up.

Videos, quizzes, group work, and other interactive pedagogies will be included as well.
Feedback during the teaching period
During lectures students will get feedback from discussions in class. In addition, there will be common feedback on non-mandatory assignments, either in-class or online.

Student workload
Class participation 38 hours
Class preparation & readings 120 hours
Exam preparation 30 hours
Exam 18 hours
Expected literature

The course curriculum consists of a mix of case studies, textbook chapters, as well as scientific papers. The final syllabus will be published on CBS Canvas prior to the course. A few texts that might be on the list is mentioned below to give you an impression of the type of texts:

 

Trott, Paul. 2016. Innovation Management and New Product Development. Harlow: Pearson.

 

Russell, Andrew L., and Lee Vinsel. 2016. “Hail the Maintainers.” Aeon, April. https:/​/​aeon.co/​essays/​innovation-is-overvalued-maintenance-often-matters-more.

 

Welter, Friederike, Ted Baker, David B. Audretsch and William B. Gartner. 2007. “Everyday Entrepreneurship – A Call for Entrepreneurship Research to Embrace Entrepreneurial Diversity.” Entrepreneurship Theory and Practice. May: 311-321.

 

Osterwalder, Alexander, and Yves Pigneur. 2010. Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers. John Wiley & Sons.

 

Sahlman, W A. 1997. “How to Write a Great Business Plan.” Harvard Business Review 75 (4): 98-108.

 

Edmondson, Amy C. 2011. “Strategies for Learning from Failure.” Harvard Business Review April: 48-55.

 

Chesbrough, Henry W. 2003. “The Era of Open Innovation.” MIT Sloan Management Review Spring: 35-41.

 

Moulaert, Frank, Diana MacCallum, and Jean Hillier. 2013. Social Innovation: Intuition, Precept, Concept, Theory and Practice. The International Handbook on Social Innovation: 13-24.

 

Khaire, Mukti, and R Daniel Wadhwani. 2010. “Changing Landscapes: The Construction of Meaning and Value in a New Market Category - Modern Indian Art.” Academy of Management Journal 51 (6): 1281-1304.

 

Betts, Alexander, Louise Bloom, and Nina Weaver. 2015. Refugee Innovation: Humanitarian innovation that starts with communities. Humanitarian Innovation Project, University of Oxford.

Last updated on 11-02-2022