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 | Available to all 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.
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 |
Information for Visiting Students
| Pre-requisites | None |
| High Demand Course? |
Yes |
Course Delivery Information
| Not being delivered |
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
· 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)
Resource List:
https://eu01.alma.exlibrisgroup.com/leganto/public/44UOE_INST/lists/26181465240002466?auth=SAML |
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. |
| Keywords | EI-MIC |
Contacts
| Course organiser | Dr Neil Pollock
Tel: (0131 6)51 1489
Email: Neil.Pollock@ed.ac.uk |
Course secretary | Miss Lauren Millson
Tel: (0131 6)51 3013
Email: Lauren.Millson@ed.ac.uk |
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