UCL School of Management

Module Fact Sheet

MSIN0113: Innovation Practices

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This is a past version of this module for MSIN0113 18/19.
Click here for the current version.
Level
Masters, level 7
Prerequisites
None
Eligibility
MM Route B corporate pathway, SOM MRes/PhD, SOM PGT affiliates
Terms
Term 1
Delivery method
3-hour teaching block x 10 weeks
Assessment
100% final project

Current students should refer to Moodle for specific details of the current year’s assessment.
Previous Module Code
MSING713

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 R&D projects and innovations.

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

  • 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

Assessment summary

100% group project.

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.

This module has many other readings (books and articles), which are going to be recommended for each particular lecture.

Past versions of this module

MSIN0113 18/19

MSING713 17/18

MSING713 16/17

Last updated Wednesday, 26 June 2019