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2024/2025  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 150
Study board
Study Board for cand.merc. and GMA (CM)
Course coordinator
  • Richard Gyrd-Jones - Department of Marketing (Marketing)
Main academic disciplines
  • Innovation
  • Marketing
  • Strategy
Teaching methods
  • Blended learning
Last updated on 04-02-2024

Relevant links
Learning objectives
  • Describe the primary limits of closed innovation and the critical factors challenging this innovation management approach.
  • Outline the principles of open innovation and how this approach contributes to innovation performance.
  • Understand different open innovation mechanisms (e.g., crowdsourcing, partnership) and how to select the right mechanism.
  • Understand and describe the role and nature of branding in driving open innovation.
  • Outline the organizational capabilities and internal organization required for successful open innovation and how brand frames these capabilities.
  • 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.
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
Release of assignment The Assignment is released in Digital Exam (DE) at exam start
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
*if the student fails the ordinary exam the course coordinator chooses whether the student will have tohand in a revised product for the re- take or a new project.
Description of the exam procedure

The exam is a series of questions where students are asked to relate core concepts and models from the course to a self-chosen case. The case may be the same case that students have been working with in groups throughout 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. Open innovation and stakeholder engagement in innovation processes demand particular considerations, processes, and capabilities, which generate valebale knowledge for the organisaiton and its stakeholders. 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.

 

The course introduces the concepts of open innovation and strategy, compares and contrasts these to closed forms of innovation. These are discussed in relation to the dfferent governance forms (mechisms) used by organisations to mange flows of knowledge in and out of the organisation. 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
This courses uses blended learning in the form of pre-recorded and live online sessions and in-class workshops. 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 on the course assignments and when participating in dialogues and discussions in class.
Student workload
Preparation 126 hours
Teaching 30 hours
Examination 50 hours
Further Information

This course is part of the Minor in Marketing and Innovation, but can also be taken independently. 
Expected literature

Bessant, J., Öberg, C., & Trifilova, A. (2014). Framing problems in radical innovation. Industrial Marketing Management, 43(8), 1284-1292.

 

Beverland, M. B., Napoli, J., & Farrelly, F. (2010). Can all brands innovate in the same way? A typology of brand position and innovation effort. Journal of Product Innovation Management, 27(1), 33-48.

 

Bogers, M., Zobel, A.-K., Afuah, A., Almirall, E., Brunswicker, S., Dahlander, L., Frederiksen, L., Gawer, A., Gruber, M., Haefliger, S., Hagedoorn, J., Hilgers, D., Laursen, K., Magnusson, M. G., Majchrzak, A., McCarthy, I. P., Moeslein, K. M., Nambisan, S., Piller, F. T., … Ter Wal, A. L. J. (2017). The open innovation research landscape: established perspectives and emerging themes across different levels of analysis. Industry and Innovation, 24(1), 8–40.

 

Brexendorf, T. O., Bayus, B., & Keller, K. L. (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.

 

Brodie, R. J., Benson-Rea, M., & Medlin, C. J. (2017). Branding as a dynamic capability: Strategic advantage from integrating meanings with identification. Marketing Theory, 17(2), 183-199.

 

Chesbrough, H. (2010). Business model innovation: opportunities and barriers. Long range planning, 43(2-3), 354-363.

 

Felin, T. and Zenger, T. R. (2014). Closed or open innovation? Problem solving and the governance choice. Research Policy 43, 914–925. 

 

George, G., Howard-Grenville, J., Joshi, A., & Tihanyi, L. (2016). Understanding and tackling societal grand challenges through management research. Academy of management journal, 59(6), 1880–1895. 

 

Hatch, M. J., & Schultz, M. (2010). Toward a theory of brand co-creation with implications for brand governance. Journal of Brand Management, 17(8), 590-604. 

 

Hajli, N., Shanmugam, M., Papagiannidis, S., Zahay, D., & Richard, M. O. (2017). Branding co-creation with members of online brand communities. Journal of Business Research, 70, 136-144.

 

Harmeling, C.M., Moffett, J.W., Arnold, M.J. et al. J. of the Acad. Mark. Sci. (2017). Toward a theory of customer engagement marketing. 45: 312. 

 

Hautz, J., Seidl, D., and Whittington, R. (2017), Open Strategy: Dimensions, Dilemmas, Dynamics. Long Range Planning, 298-309.

 

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 (2), 525-540

 

Merz, M. A., He, Y., & Vargo, S. L. (2009). The evolving brand logic: a service-dominant logic perspective. Journal of the Academy of Marketing Science, 37(3), 328-344.

 

Mäläskä, M., Saraniemi, S., & Tähtinen, J. (2011). Network actors' participation in B2B SME branding. Industrial Marketing Management, 40(7), 1144-1152.

 

Nedergaard, N., & Gyrd-Jones, R. (2013). Sustainable brand-based innovation: The role of corporate brands in driving sustainable innovation. Journal of Brand Management, 20(9), 762-778.

 

O’Riordan, L. & Fairbrass, J. J Bus Ethics (2014). Managing CSR Stakeholder Engagement: A New Conceptual Framework. 125: 121.

 

Watson, R., Wilson, H. N., Smart, P., & Macdonald, E. K. (2018). Harnessing Difference: A Capability‐Based Framework for Stakeholder Engagement in Environmental Innovation. Journal of Product Innovation Management, 35(2), 254-279.
Last updated on 04-02-2024