Postgraduate Course: Managing Innovation in Context (CMSE11549)
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 | 20 |
ECTS Credits | 10 |
| 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 in Entrepreneurship and Innovation programme.
Outline:
1. Introduction to Managing Innovation in Context
2. Content: What is innovation?
3. Context (1): Developing a supportive innovation structure
4. Context (2): Developing a supportive innovation culture
5. Context (3): Developing a supportive innovation strategy
6. Process (1) New product development: Product ideas
7. Process (2) New product development: Product launch
8. Process (3) New product development: Best practices
9. Collaboration in innovation: Start-ups
10. Outcomes from innovation: Economy & society level
Student learning experience:
Tutorial/seminar hours represent the minimum total live hours - online or in-person - a student can expect to receive on this course. These hours may be delivered in tutorial/seminar, lecture, workshop or other interactive whole class or small group format. These live hours may be supplemented by pre-recorded lecture material for students to engage with asynchronously.
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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 2022/23, 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:
200
(
Lecture Hours 10,
Seminar/Tutorial Hours 20,
Programme Level Learning and Teaching Hours 4,
Directed Learning and Independent Learning Hours
166 )
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| Assessment (Further Info) |
Written Exam
0 %,
Coursework
100 %,
Practical Exam
0 %
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| Additional Information (Assessment) |
100% coursework (individual) - assesses all course Learning Outcomes |
| Feedback |
Formative: TBC
Summative: There are two assessments during this course. The course will provide the opportunity for assessment at the midpoint of the course, which will enable students to learn from this prior to the final assessment. |
| 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
| There is not a recommended text book for this course. Instead, each session will be supported with a short list of core readings. |
Additional Information
| Graduate Attributes and Skills |
Communication, ICT, and Numeracy Skills
After completing this course, students should be able to:
Convey meaning and message through a wide range of communication tools, including digital technology and social media; to understand how to use these tools to communicate in ways that sustain positive and responsible relationships.
Critically evaluate and present digital and other sources, research methods, data and information; discern their limitations, accuracy, validity, reliability and suitability; and apply responsibly in a wide variety of organisational contexts.
Practice: Applied Knowledge, Skills and Understanding
After completing this course, students should be able to:
Apply creative, innovative, entrepreneurial, sustainable and responsible business solutions to address social, economic and environmental global challenges.
Cognitive Skills
After completing this course, students should be able to:
Be self-motivated; curious; show initiative; set, achieve and surpass goals; as well as demonstrating adaptability, capable of handling complexity and ambiguity, with a willingness to learn; as well as being able to demonstrate the use digital and other tools to carry out tasks effectively, productively, and with attention to quality.
Knowledge and Understanding
After completing this course, students should be able to:
Demonstrate a thorough knowledge and understanding of contemporary organisational disciplines; comprehend the role of business within the contemporary world; and critically evaluate and synthesise primary and secondary research and sources of evidence in order to make, and present, well informed and transparent organisation-related decisions, which have a positive global impact.
Identify, define and analyse theoretical and applied business and management problems, and develop approaches, informed by an understanding of appropriate quantitative and/or qualitative techniques, to explore and solve them responsibly. |
| Keywords | Not entered |
Contacts
| Course organiser | Dr Neil Pollock
Tel: (0131 6)51 1489
Email: Neil.Pollock@ed.ac.uk |
Course secretary | Mr Sean Reddie
Tel: (0131 6)50 8074
Email: Sean.Reddie@ed.ac.uk |
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