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2023/2024  MA-MMBDO1025U  Managing Open Innovation

English Title
Managing Open Innovation

Course information

Language English
Course ECTS 5 ECTS
Type Mandatory
Level Part Time Master
Duration One Semester
Start time of the course Autumn, Spring
Timetable Course schedule will be posted at calendar.cbs.dk
Min. participants 10
Max. participants 30
Study board
Study Board for Master i forretningsudvikling
Course coordinator
  • Christoph Grimpe - Department of Strategy and Innovation (SI)
  • Kristina Dahlin - Department of Strategy and Innovation (SI)
  • Marion Poetz - Department of Strategy and Innovation (SI)
  • Valentina Tartari - Department of Strategy and Innovation (SI)
Main academic disciplines
  • Innovation
Teaching methods
  • Face-to-face teaching
Last updated on 03-07-2023

Relevant links

Learning objectives
  • Ability to understand basic concepts (models, processes, sources and methods) of (Open) Innovation Management and their relations
  • Ability to apply these basic concepts to own organization or other chosen empirical context
  • Ability to demonstrate skills in making informed decisions on (Open) Innovation project design
Course prerequisites
There are no preconditions for your participation. The course is relevant to managers from all kinds of industries who want to influence their workplaces and careers by mastering new forms of innovation practices. More specifically, practices that are characterized by being more open, collaborative, and multi-domain-spanning than traditional models.
Examination
Managing Open Innovation:
Exam ECTS 5
Examination form Home assignment - written product
Individual or group exam Individual exam
Size of written product Max. 10 pages
Assignment type Written assignment
Release of assignment An assigned subject is released in class
Duration Written product to be submitted on specified date and time.
Grading scale 7-point grading scale
Examiner(s) One internal examiner
Exam period Summer and Winter
Make-up exam/re-exam
Same examination form as the ordinary exam
Description of the exam procedure

Students will design open innovation projects, draft an implementation plan, and assess relevant critical factors for project implementation. 

Course content, structure and pedagogical approach

This course provides the foundation for managing open innovation processes in firms. Comparing closed to open innovation approaches, the course focuses on outside-in open innovation processes, i.e. sourcing external knowledge from and collaborating with users, universities, suppliers, competitors, and the like for generating innovation. Moreover, the course discusses the interplay between innovation, exploration, exploitation, and search, and the growing importance of efficient search approaches across widely distributed sources of innovation. More specifically, we will discuss the concepts of local vs. distant search and related search methods for accessing and leveraging innovation-relevant knowledge.

 

The Managing Open Innovation course will particularly highlight the role of users and user communities as a source of innovation. Finally, the course will introduce participants to concrete search applications such as crowdsourcing for generating inputs to organizations’ innovation processes.

 

Managing Open Innovation for the Life Sciences

Please note that Managing open innovation is also offered as a specialised coruse for the life science sector. Cases and some learning materials will in this case be oriented towards the life science sector. 

Description of the teaching methods
The course will be organized in full-day, workshop-style blocks. It applies an interactive and problem-based teaching approach and combines a mix of mini lectures, ad-hoc group work based on mini-exercises, case study analysis, in-class presentations and discussions, and guest speakers.
Feedback during the teaching period
Feedback during class will be possible.
Student workload
Prepartion 95 hours
Examintation 10 hours
Teaching 32 hours
Last updated on 03-07-2023