UCL School of Management

Module Fact Sheet

MSIN0113: Innovation Practices

M-level (4th year undergraduate)
4th year IMB, 4th year Management Science, Leuven affiliates
Delivery method
3-hour teaching block x 10 weeks
100% final group project
Previous Module Code

Course overview

The course aims to equip students with an understanding of the main issues in innovation management, an awareness of the key features of success, and an appreciation of the relevant skills needed to manage innovation. Through lectures and workshops, students are to learn how opportunities for innovation arise, the right managerial strategy to innovate successfully, and the best way to manage innovations. Students are to learn how to apply conceptual frameworks and theories related to the management of innovation, exploring contemporary cases of innovation and developing awareness of relevant means to move organisations forward through innovation management.

Learning outcomes

Upon successful completion of the module, a student will be able to:

  • Understand the role of innovation in framing corporate strategy as well as the role of innovation in society.

  • Identify opportunities and possibilities for competitive advantage through innovation.

  • Understand how to appropriate value from innovation.

  • Understand how to nurture innovative capacity in the firm and how to build a creative organization.

  • Assess the benefits of cooperative arrangements with other organizations

Topics covered

  • Opportunities for innovation

  • Models of innovation

  • From innovation to competitive advantage

  • Competition, firm size and innovation

  • Open innovation and user innovation

  • Networks of innovation: collaboration and cooperation

  • The role of social capital

  • Managing R&D projects

  • Appropriating rents from innovation

Assessment summary

Group Report 90%, Group Presentation 10%

Current students should refer to Moodle for specific details of the current year’s assessment.

Essential reading

Tidd, J. and Bessant, J. (2013). Managing Innovation: Integrating Technological, Market and Organizational Change. John Wiley & Sons. ISBN 111836063X.

Past versions of this module

MSIN0113 18/19

MSINM713 17/18

Last updated Wednesday, 26 June 2019