UCL School of Management

Module Fact Sheet

MSIN0056: Innovation Management

Taught by
Level
Advanced
Prerequisites
None; MSIN1001 Foundations of Management or MSIN6001A/B Management Principles are recommended
Eligibility
IMB Year 3; limited places for JSPs and SOM affiliates
Terms
Term 1
Delivery method
2-hour lecture and 1-hour online seminar (x 10 weeks)
Assessment
60% final unseen 2-hour examination; 30% coursework assessment; 10% presentation
Previous Module Code
MSIN7013

Course overview

It is intended to provide the skills and knowledge work more entrepreneurially in a range of entrepreneurial contexts including established businesses as well as new start-ups. 

Learning outcomes

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

  • Understand the role of innovation in contributing to organizational success as well as the role of management in leading innovation efforts.
  • Identify common opportunities and challenges for companies seeking to innovate.
  • Examine various approaches to corporate innovation by comparing and contrasting different options.
  • Understand how to nurture innovative capacity in the firm and how to build a creative organization.
  • Understand how to evaluate and assess the probable success of different innovation strategies and management approaches.

Topics covered

  • What is innovation: parameters, processes
  • Innovation in context
  • Capturing value from innovation
  • Strategy for innovation
  • Idea generation
  • Idea selection
  • Change and implementation
  • Building an innovation culture
  • Assessing innovation programmes

Assessment summary

60% is awarded on the basis of an unseen 2-hour examination paper in the Summer Term. 30% is awarded for a coursework assessment; 10% is awarded for a presentation.

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

Essential reading

Goffin, Keith & Mitchell, Rick. 2016. Innovation Management: Effective Strategy and Implementation, 3e. Palgrave. ISBN: 97811373434

Past versions of this module

MSIN0056 18/19

MSIN7013 17/18

MSIN7013 16/17

Last updated Wednesday, 26 June 2019