BSc Management (Innovation, Strategy and Entrepreneurship) with Industrial / Professional Experience / Course details

After successfully completing the course, students will be familiar with the main literature and key concepts that help us to understand international competitiveness and innovation, mainly from firm level perspectives plus brief macro level insights. The major contents of the course include:

•       design and implementation of firm innovation strategy for competitive advantage.

•       how firms utilise external capabilities to help support internal innovation efforts.

•       international R&D and knowledge transfer inside Multinational Enterprises.

•       drivers of international collaboration.

•       Open innovation/ business competitiveness and introduction to design innovation.

•       appropriating returns on innovation through the management o

Students must be registered on BSc Management/Management Specialism, IMABS, IM and ITMB/ITMB Specialism.

Students must be registered on BSc Management/Management Specialism, IMABS, IM.

 

Innovation is the central component of this course and literature on managing innovation for international competitiveness will be combined with case studies and practical research examples to enhance student understanding of the subject matter.

Students will have to collect data on an international company to illustrate different facets of formulating and implementing an innovation strategy in a competitive business environment. Students will be expected to utilise a variety of secondary data sources for writing the group report assignment. These sources include company reports, business analyst reports, and databases available in the UoM library (e.g. Factiva).

At the end of the course, students should be able to:
a) understand the relation between business strategy and technological and organisational innovation that explain the international competitiveness of firms in selected industries internationally;

b) ability to synthesise and apply concepts from the literature on innovation management to practical contexts and examples;

c) have developed practical skills in literature searching, use of databases and report writing.

Lecture hours:  24 hours - 1 x 2hr lecture for 12 weeks
Workshop hours:  6 hours - 4 x 1.5hr workshops (in weeks 3, 4, 6, 7)

Total contact hours:  30 hours

Private study:  170 hours

Total study hours: 200 hours split between lectures, interactive workshops, self-study, data collection, preparation for classes and examination revision.

Informal Contact Methods
Contact by email and during office hours

Written exam (75%); 3 questions from choice of 6. Group report (25%).

The group report will receive a single mark but students will be able to use peer assessment to confirm individual contribution and therefore individual marks, only if it is felt contribution has not been equal. Detailed guidance will be made available on Blackboard. In cases where there is dispute about the contribution of individual group members, this document details a procedure that will be followed to ensure a fair allocation of marks.

• Informal advice, discussion and feedback during lectures, workshops and office hours.
• Responses to questions and requests for feedback from students by email.
• Specific course related feedback sessions, including feedback on group assignment.
• Generic feedback posted on Blackboard regarding overall examination performance.

Tidd, J. and Bessant, J. (2020) Managing Innovation, John Wiley & Sons: Chichester, 7th Edition.

Note: A list of recommended readings, mainly papers from key innovation journals (e.g. Research Policy, R&D Management and Technovation), will be provided for each session topic in the full course specification.

 

Additional notes

Pre-requisites: None
Co-requisites: None
Dependent courses: None

Programme Restrictions: This course is available to final year students studying on BSc Management / Management (specialism), BSc International Management, BSc International Management with American Business Studies.

 

For Academic Year 2023/24

Updated: March 2023

Approved by: March UG Committee