Postgraduate Course: Managing Innovation in Context (CMSE11310)
||College||College of Arts, Humanities and Social Sciences
|Credit level (Normal year taken)||SCQF Level 11 (Postgraduate)
||Availability||Not available to visiting students
|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
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.
Entry Requirements (not applicable to Visiting Students)
||Other requirements|| None
Course Delivery Information
|Academic year 2020/21, Not available to visiting students (SS1)
|Learning and Teaching activities (Further Info)
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
|Additional Information (Learning and Teaching)
Independent prepartory reading ahead of lectures and seminars
|Assessment (Further Info)
|Additional Information (Assessment)
-Individual Essay 30% - 15% of this mark is derived from contribution to related discussion boards
-Individual Report 70% - 15% of this mark is derived from contribution to related discussion boards
Both assessments assess learning outcomes 1, 2
||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
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.
|· Edwards-Schachter, M. (2018) The nature and variety of innovation, International Journal of Innovation Studies, 2(2): 65-79, available here: https://doi.org/10.1016/j.ijis.2018.08.004|
· Bogers, M., Chesbrough, H. and Moedas, C. (2018) Open innovation: Research, practices, and policies. California Management Review, 60(2): 5-16 available here: https://doi.org/10.1177%2F0008125617745086
· Hogan, S.J. and Coote, L.V. (2014) Organizational culture, innovation, and performance: A test of Schein's model, Journal of Business Research, 67, 1609-1621, available here: https://doi.org/10.1016/j.jbusres.2013.09.007
· Kim, W.C. and Mauborgne, R. (2005) Blue ocean strategy: from theory to practice. California Management Review, 47(3): 105-121, available here: https://doi.org/10.1177%2F000812560504700301
· Holahan, P., Sullivan, Z.Z. and Markham, S.K. (2013) Product development as core competence: How formal product development practices differ for radical, more innovative, and incremental product innovations, Journal of Product Innovation Management, 31(2), 329-345, available here: https://doi.org/10.1111/jpim.12098
· Kuester, S., Schumacher, M.C., Gast, B. and Worgul, A. (2013). Sectoral heterogeneity in new service development. Journal of Product Innovation Management 30(3): 533-544, available here: https://onlinelibrary.wiley.com/doi/full/10.1111/jpim.12005
· Schoemaker, P.J.H., Heaton, S. and Teece, D. (2018) Innovation, dynamic capabilities, and leadership. California Management Review, 61(1): 15-42, available at: https://doi.org/10.1177%2F0008125618790246
We do not have a textbook for this course, but if you are interested in exploring different approaches to study innovation, these are two really good textbooks that you can find in the library:
· Tidd, J. and Bessant, J.R. (2013) Managing innovation: integrating technological, market and organizational change, Chichester: Wiley (library link: https://discovered.ed.ac.uk/permalink/f/gfso8q/44UOE_ALMA21107206820002466)
· Goffin, K. and Mitchell, R. (2017) Innovation management: effective strategy and implementation, London: Palgrave (library link: https://discovered.ed.ac.uk/permalink/f/1njkql8/44UOE_ALMA21193346380002466)
Link to Resource list : - https://eu01.alma.exlibrisgroup.com/leganto/public/44UOE_INST/lists/26181465240002466?auth=SAML
|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.
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.
|Course organiser||Dr Raluca Bunduchi
Tel: (0131 6)51 5544
|Course secretary||Miss Lauren Millson
Tel: (0131 6)51 3013