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 R&D projects and innovations.
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.
- Theories on innovation and innovation management applied to practice
- How opportunities for innovation arise
- The right managerial strategy to innovate successfully
- How companies may profit from their innovations
- How social capital and social networks make innovative activities more successful
- The relevance of business model innovation and platform innovation
Griup Report 90%, Group Presentation 10%
Current students should refer to Moodle for specific details of the current year’s assessment.
Tidd, J. and Bessant, J. (2013). Managing Innovation: Integrating Technological, Market and Organizational Change. John Wiley & Sons. ISBN 111836063X.
This module has many other readings (books and articles), which are going to be recommended for each particular lecture.