MSc Business Analysis and Strategic Management

Year of entry: 2022

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Course unit details:
Innovation Management & Business Strategy

Unit code BMAN71942
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

Introduction: Innovation, technology & business strategy.
What is Research & Development?
External knowledge sourcing for innovation.
Designing & implementing an Innovation Strategy.
Open innovation business model & corporate venturing.
Role of small firms in innovation
Building innovative organisations.
Design innovation and business competitiveness
Globalisation of innovation.
International transfer of knowledge & technology.
Review of the course: applying what you have learnt and exam discussion.

Pre/co-requisites

BMAN71942 Programme Req: BMAN71942 is only available as an elective to students on MSc BASM

Aims

The aim of the course is to expose students to practical issues and some theoretical frameworks relating to the management of innovation in firms. The course draws on the knowledge based view of the firm and key innovation theories to examine the interrelationships between business strategy and innovation. The elective considers how, by successfully harnessing innovation, business organisations can open-up new markets and develop new ways to serve existing customers.

Learning outcomes

After successfully completing the course, participants should be able to:
Understand the essentials of theory and practice to analyse the innovation process and its implications for business strategy and industrial organisation.


Understand the interrelationship between business strategy, technology & innovation, the impact of innovation on business performance and the issues that arise for the managers of business organisations in managing innovation processes inside firms.

After successfully completing the course, participants should also be able to:


Apply and critically evaluate theoretical frameworks related to innovation management and business strategy to case studies.


Act as a reflective professional by being able to learn from practice by critically evaluating ideas used in a given business context.

Assessment methods

Individual written assignment (50%)

Written examination - 1.5 hours (50%)

Feedback methods

Informal advice and discussion dueing a lecture, seminar, workshop or lab

Responses to student emails and questions from a member of staff including feedback provided to a group via an online discussion forum

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

Generic feedback posted on Blackboard regarding overall examination performance

Recommended reading

Introductory Reading:

Tidd, J., Bessant, J. & Pavitt, K. (2013) Managing Innovation: Integrating Technological, Market and Organizational Change, 5th Edition, John Wiley & Sons: Chichester.

Study hours

Scheduled activity hours
Assessment written exam 2
Lectures 30
Independent study hours
Independent study 118

Teaching staff

Staff member Role
Khaleel Malik Unit coordinator

Additional notes

Informal contact methods

Office hours

Drop in surgeries (extra help for students on material they may be struggling with)

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