UCL School of Management

Module Fact Sheet

MSING713: Innovation Practices

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This is a past version of this module for MSING713 16/17.
Click here for the current version.
Taught by
TBA
Level
Masters
Prerequisites
None
Eligibility
MSc Management Route B Technology Pathway, SoM MRes/PhD, and SoM PGT affiliates students only
Terms
Term 1
Delivery method
3-hour teaching block x 10 weeks
Assessment
100% final project

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:

How do opportunities for innovation arise? What is the right managerial strategy to innovate successfully? Does the size matter: innovative activities in small and large companies? How can social capital make innovative activities more successful? What is the best way to manage R&D projects and how can companies profit from their innovations? Finally, are open innovation and social innovation as exciting as they sound?

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

100% final group project (includes individual and group components)

Essential reading

Managing Innovation: Integrating Technological, Market and Organizational Change by Joe Tidd, and John Bessant published by John Wiley & Sons 2013; ISBN 111836063X).

Past versions of this module

MSIN0113 18/19

MSING713 17/18

MSING713 16/17

Last updated Friday, 27 September 2019