MSc Innovation Management and Entrepreneurship / Course details
Year of entry: 2018
Course unit details:
Innovation and the Knowledge Economy
|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|
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
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.
After completing the course, students will be familiar with:
- A range key conceptual approaches for understanding the modern knowledge economy
- A sample of in-depth case studies of major innovations, exemplifying the key perspectives
- How the dynamics of the wider knowledge economy impact on firm-level strategic decision making
Students will also develop the following skills:
- Group working
- Presenting critical arguments in seminars and through the written papers
- Basic research skills.
Written Examination - two hours (50%)
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.
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)
|Scheduled activity hours|
|Assessment written exam||2|
|Independent study hours|
|Andrew McMeekin||Unit coordinator|
Informal contact methods