MSc Business Analysis and Strategic Management
Year of entry: 2022
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Course unit details:
Innovation Management & Business Strategy
|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|
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.
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.
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.
Individual written assignment (50%)
Written examination - 1.5 hours (50%)
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
Tidd, J., Bessant, J. & Pavitt, K. (2013) Managing Innovation: Integrating Technological, Market and Organizational Change, 5th Edition, John Wiley & Sons: Chichester.
|Scheduled activity hours|
|Assessment written exam||2|
|Independent study hours|
|Khaleel Malik||Unit coordinator|
Informal contact methods
Drop in surgeries (extra help for students on material they may be struggling with)