MSc Management

Year of entry: 2021

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Course unit details:
Innovation Management and Entrepreneurship

Unit code BMAN73112
Credit rating 15
Unit level FHEQ level 7 – master's degree or fourth year of an integrated master's degree
Teaching period(s) Semester 2
Offered by Alliance Manchester Business School
Available as a free choice unit? No

Overview

1.       Introduction: What is innovation and entrepreneurship, and why does it matter (e.g., Why do Firms Innovate?)

2.       The business and policy context for the management of innovation and entrepreneurship (e.g. Institutions: Intellectual Property Rights; Systems of Innovation: why countries and industries differ).

3.       R&D and the Organisation of Innovation within Firms; Variety within and between Industries (e.g. manufacturing and service based sectors including Knowledge Intensive Business Services).

4.       Formulating an Innovation Strategy: understanding different types of innovation strategy options available to firms; how Product Life Cycle theory can help strategic decision-making.

5.       How can SMEs exploit entrepreneurship opportunities and become more innovative and competitive? Includes theoretical and practical consideration of funding for SMEs and New Venture formations.

6.       Innovation through Collaborative Networks, including the rise of university-industry collaborations and the increasing openness of innovation.

7.       Conclusions - Applying what you have learnt.


Pre/co-requisites

BMAN73112 Programme Req: BMAN73112 is only available as a core unit to students on MSc Management

Aims

The aim of the course is to expose students to practical issues and some theoretical frameworks relating to the management of innovation and development of entrepreneurial capacity.

Learning outcomes

  • Knowledge of the innovation system and the role of innovation and entrepreneurship in promoting technical advance and the types of theory that underpin this knowledge.
  • Skills in analysing uncertain commercial opportunities and responding using appropriate managerial insights drawn from theory and evidence.
  • Experience of working in groups to develop team answers to problems.

Assessment methods

2 hour exam (80%)

Group Assignment, 1300 words max. (20%)

 

Feedback methods

Written and in class

Recommended reading

Tidd, J., and Bessant, J., 2018. Managing Innovation: Integrating Technological, Market and Organisational Change, Wiley, 6th edition.

Dodgson M, Gann D, Salter A, 2008. The Management of Technological Innovation, Oxford, Oxford University Press, (ISBN: 9780199208531).

Study hours

Scheduled activity hours
Assessment written exam 2
Lectures 22
Seminars 10
Independent study hours
Independent study 116

Teaching staff

Staff member Role
Mabel Sanchez Barrioluengo Unit coordinator

Additional notes

Informal Contact Method

Pre-arranged individual or group meetings

Answering any queries by meeting students informally after lectures

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