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2022/2023  KAN-CSOLO1802U  Managing Innovation

English Title
Managing Innovation

Course information

Language English
Course ECTS 7.5 ECTS
Type Mandatory
Level Full Degree Master
Duration One Quarter
Start time of the course Spring, Third Quarter
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for MSc in Economics and Business Administration
Course coordinator
  • Mark Lorenzen - Department of Strategy and Innovation (SI)
Main academic disciplines
  • Innovation
  • Organisation
Teaching methods
  • Blended learning
Last updated on 30-11-2022

Relevant links

Learning objectives
At the end of the course, students should be able to:
  • Account for the main terms and definitions central in economics and management of innovation
  • Recognize how the economics and governance of different organizational types affect their behavior in innovation
  • Analyze the characteristics of inter-organizational collaboration on innovation and recognize the skills required to handle them
  • Integrate a number of factors, internal and external to the organization, in decision-related analysis
  • Describe and assess the potential for formal and informal external knowledge sourcing and how it may help the organization to pursue innovations
Managing Innovation:
Exam ECTS 7,5
Examination form Written sit-in exam on CBS' computers
Individual or group exam Individual exam
Assignment type Case based assignment
Duration 4 hours
Grading scale 7-point grading scale
Examiner(s) One internal examiner
Exam period Spring
Aids Open book: all written and electronic aids, including internet access
Read more here about which exam aids the students are allowed to bring and will be given access to : Exam aids and IT application package
Make-up exam/re-exam
Same examination form as the ordinary exam
If the number of registered candidates for the make-up examination/re-take examination warrants that it may most appropriately be held as an oral examination, the programme office will inform the students that the make-up examination/re-take examination will be held as an oral examination instead.
Course content, structure and pedagogical approach

What enables some firms to continuously innovate and capture market shares while others fail and go out of business? This course builds analytical insight into relationships between knowledge, innovation and competitiveness and into their implications for the management of innovation. Innovation is by definition an activity with uncertain outcomes and we will discuss how organizations can successfully navigate situations characterized by high ambiguity and volatility. The course introduces theories, concepts, and methods for the analysis of innovations at the levels of projects, firms and industries, in order to develop students’ analytical skills and critical thinking. The course also introduces a set of tools related to innovation practices of firms, as one of the ways in which the course bridges and integrates academic analysis of innovations with the practical issues of their management.

Description of the teaching methods
Teaching includes lecture-style classes, in-class workshops with students presenting and actively participating in discussions around pre-assigned cases and/or exercises, and guest presentations by academics and practitioners. Preparation before class is of crucial importance.
Feedback during the teaching period
Feedback will be offered in a number of ways. Most sessions will feature an introductory Kahoot quiz based on the readings assigned at home so that students can assess their understanding of the material. There will be case discussion and exercise in class, with both individual and group presentations. Additionally, one session is devoted to a mock exam followed by peer grading, where students can prepare for the exam format and at the same time assess the work of their classmates. Finally, individual feedback is offered during office hours.
Student workload
Teaching 33 hours
Preparation/reading 133 hours
Exam 40 hours
Expected literature
  • Chesbrough, H. 2003. The era of open innovation. MIT Sloan Management Review, Spring, 35-41
  • Huston & Sakkab, 2006, Connect and Develop: Inside P&G’s New Model for Innovation, Harvard Business Review
  • Teece D, 1986. Profiting from technological innovation: implications for collaboration, licensing, and public policy. Research Policy 15, 285-305
  • Perkmann, M., V. Tartari, M. McKelvey, E. Autio, A. Broström, P. D’Este, R. Fini, A. Geuna, R. Grimaldi, A. Hughes, S. Krabel, M. Kitson, P. Llerena, F. Lissoni, A. Salter, M. Sobrero (2013). Academic engagement and commercialisation: A review of the literature on university–industry relations. Research Policy 42(2) 423-442.
Last updated on 30-11-2022