Postgraduate Course: Managing Innovation in Context (CMSE11310)
Course Outline
| School | Business School |
College | College of Arts, Humanities and Social Sciences |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Not available to visiting students |
| SCQF Credits | 15 |
ECTS Credits | 7.5 |
| Summary | Creating new businesses, attracting new customers, developing new products and services, and discovering new value propositions happen, more often than not and increasingly so, through innovation. Shifts in market, the emergence of new technologies, changes in the political and regulatory landscape, competition and globalisation compel both entrepreneurs and existing firms to foster innovation. This course examines the activities, practices and competencies involved in managing innovation in firms, whether they are start-ups or established firms, and large or small. The course explores the approach to organise and manage innovation across the range of different types of innovation, whether product, services, technologies or business models. |
| Course description |
Aims, Nature, Context
The ability of organisations to manage innovation is critical to their survival whether these organisations are small start-ups or large, established multinationals. While competitive advantage can come from size, location, or the possession of rare and inimitable resources, the pattern is increasingly favouring those organisations which can mobilize market and technological skills and experience to create novelty in their products and services, and in the ways in which they create and deliver these products and services. The aim of this course is to clarify what innovation is, and how it can be organised and managed in firms in order to create value. This course will provide students with a foundational knowledge of the key concepts and frameworks of innovation and an awareness of their practical application within organisations which is necessary for later practical and theoretical courses in the MSc programme.
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | None |
Course Delivery Information
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| Academic year 2019/20, Not available to visiting students (SS1)
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Quota: None |
| Course Start |
Semester 1 |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
150
(
Lecture Hours 20,
Seminar/Tutorial Hours 10,
Summative Assessment Hours 70,
Other Study Hours 47,
Programme Level Learning and Teaching Hours 3,
Directed Learning and Independent Learning Hours
0 )
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| Additional Information (Learning and Teaching) |
Independent prepartory reading ahead of lectures and seminars
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| Assessment (Further Info) |
Written Exam
0 %,
Coursework
100 %,
Practical Exam
0 %
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| Feedback |
The course aims to maximise interactivity and learning before assessments. Learning makes sense in the context of your previous experience and ideas, through puzzling about how the content might be relevant to particular issues you are interested in, by cross-referencing with other courses/ reading/ thinking and through actively listening to the ideas of your peers. Thus, most feedback occurs in informal settings, but also critically supplemented by the interaction during the course sessions. It is expected that you will gain feedback on your understanding of the material during the discussions in class, but the usefulness of this feedback is directly proportional with the amount of work you will put in reading and preparing the essential readings prior to coming to the sessions.
You will receive the feedback on formative assessment within 15 working days for both assessments. I would emphasis the need to take in and reflect on the feedback from the first assignment so to improve and address any shortcoming identified for the individual case study report. |
| No Exam Information |
Learning Outcomes
On completion of this course, the student will be able to:
- Describe and discuss critically the toolbox of theories, frameworks and methods to manage innovation at firm level, including their history and current controversies.
- Apply these theories, frameworks and methods to the management of innovation in any organisational context.
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Reading List
Essential readings for each session will be posted on Learn at least a week prior to the session. These essential readings are required to be read prior to attending the sessions.
Recommended Reading:
Osterwalder, A and Pigneur, Y (2010) Business Model Generation, Wiley, New Jersey.
Johnson, MW, Christiensen, CM and Kagermann, H (2008) Reinventing your business model, Harvard Business Review, 86(12), 57-68.
O¿Cass, A, Song, M and Yuan, L (2013) Anatomy of service innovation: Introduction to the special issue, Journal of Business Research, 66, 1060-1062.
Verganti, R (2009) Design driven innovation: Changing the rule of competition by radically innovating what things mean, Harvard Business Press, Boston.
Tidd, J and Bessant, J (2013) Managing Innovation, 5th edition, Wiley, Chichester.
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Additional Information
| Graduate Attributes and Skills |
Cognitive and subject specific skills:
Analyse and evaluate innovation processes orally and in writing (using presentations, project and essay work);
Research, synthesise and present materials relating to complex and problematic innovation processes.
Transferable skills:
Engage in the collaborative critical analysis and evaluation of complex problems;
Research information from a range of sources, critically analyse it and present their findings in writting;
Manage a project, including the management of their own time and the planning of key milestones.
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| Keywords | EI-MIC |
Contacts
| Course organiser | Dr Raluca Bunduchi
Tel: (0131 6)51 5544
Email: Raluca.Bunduchi@ed.ac.uk |
Course secretary | Ms Emily Davis
Tel: (0131 6)51 7112
Email: Emily.Davis@ed.ac.uk |
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