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MSc Innovation Management and Entrepreneurship
MSc Innovation Management and Entrepreneurship

MSc Innovation Management and Entrepreneurship / Course details

Year of entry: 2018

Course unit details:
Innovation and the Knowledge Economy

Unit code BMAN61001
Credit rating 15
Unit level FHEQ level 7 – master's degree or fourth year of an integrated master's degree
Teaching period(s) Semester 1
Offered by Alliance Manchester Business School
Available as a free choice unit? No

Overview

The course will cover:

The entrepreneur and the knowledge economy

The characteristics of knowledge

The social shaping of innovations

Standards, network effects and lock-in

The adoption and diffusion of innovations

The consumption of innovations

The organisation of innovation and the production of knowledge

Interactions between public and private knowledge

Technological transitions and the gales of creative destruction

Aims

The purpose of this course unit is to introduce students to a range of foundational concepts in understanding the knowledge economy.  It will explore the characteristics of knowledge, the processes and institutions that generate progress in knowledge, and the spread of innovations throughout society. The course tackles key approaches and theoretical perspectives from the sociology and history of science, technology and innovation to build a view of how economies are transformed through successive gales of creative destruction.

Learning outcomes

After completing the course, students will be familiar with:

  1. A range key conceptual approaches for  understanding the modern knowledge economy
  2. A sample of in-depth case studies of major innovations, exemplifying the key perspectives 
  3. How the dynamics of the wider knowledge economy impact on firm-level strategic decision making

Students will also develop the following skills:

  1. Group working
  2. Presenting critical arguments in seminars and through the written papers
  3. Basic research skills.

Assessment methods

Coursework (30%)

Presentation (20%)

Written Examination - two hours (50%)

Feedback methods

Informal advice and discussion during a lecture, seminar, workshop or lab.

Written and/or verbal comments on assessed or non-assessed coursework.

Written and/or verbal comments after students have given a group or individual presentation.

Generic feedback posted on Blackboard regarding overall examination performance.

Recommended reading

MacKenzie, D. and  Wajcman, J. eds., (1999) The Social Shaping of Technology, 2nd ed., Milton Keynes: Open University Press.

Mokyr, Joel (1990) The lever of riches: technological creativity and economic progress Oxford University Press.

Volti, R. (2001) Society and Technological Change, 4th edition, Worth, New York (good introductory text)

Study hours

Scheduled activity hours
Assessment written exam 2
Lectures 22
Seminars 11
Independent study hours
Independent study 115

Teaching staff

Staff member Role
Andrew McMeekin Unit coordinator

Additional notes

Informal contact methods

Office hours

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