GRA 3151 Foundations of Innovation and Corporate Entrepreneurship
GRA 3151 Foundations of Innovation and Corporate Entrepreneurship
This course introduces students to frameworks of understanding concepts and principles in innovation theory and research. The course aims at providing an understanding of the different aspects of the innovation process at the firm level and its relationship with economic growth and welfare.
The students should during the course have acquired knowledge on why and how innovations happen. They should understand aspects of the process through which innovation occurs through a number of theoretical and applied perspectives. These perspectives should give insight to what influences innovation.
After the course the students should have acquired skills so that they can be able to reflect upon concepts and principles in innovation theory and research, and should have developed a constructive and critical attitude towards different approaches to innovation processes and policies.
After the course, the students should be able to interpret a context that triggers innovation and critically give recommendations to firms or entrepreneurs on processes that enhance innovation and policies that stimulate innovation not only at the firm level but also within a larger ecosystem.
- Role of innovation at the macro level
- Processes of innovation at the firm level
- Innovation Models and Processes
- Capabilities for Innovation
- Absorptive capacity
- Types of innovation
- Exploration and Exploitation
- Value Creation and Value Capture
- Management of Innovation
- Innovation Policy
- Several frameworks for innovation policy (including Systems of innovation)
- Seminar and group exercise at the Norwegian Research Council (with students from other institutions)
The course will be carried out through lectures and working seminars and one excursion (Norwegian Research Council). The lectures will be carried out with the expectation of some degree of student involvement through group work and class discussions.
Please note that while attendance is not compulsory in all courses, it is the student’s own responsibility to obtain any information provided in class.
This is a course with continuous assessment (several exam components) and one final exam code. Each exam component is graded by using points on a scale from 0-100. The components will be weighted together according to the information in the course description in order to calculate the final letter grade for the examination code (course). Students who fail to participate in one/some/all exam elements will get a lower grade or may fail the course. You will find detailed information about the point system and the cut off points with reference to the letter grades when the course starts.
At resit, all exam components must, as a main rule, be retaken during next scheduled course.
All courses in the Masters programme will assume that students have fulfilled the admission requirements for the programme. In addition, courses in second, third and/or fourth semester can have specific prerequisites and will assume that students have followed normal study progression. For double degree and exchange students, please note that equivalent courses are accepted.
Covid-19
Due to the Covid-19 pandemic, there may be deviations in teaching and learning activities as well as exams, compared with what is described in this course description.
| Assessments |
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Exam category: Activity Form of assessment: Class participation Weight: 30 Grouping: Individual Duration: 1 Semester(s) Comment: Students involvement through group work and class discussion Exam code: GRA31512 Grading scale: Point scale leading to ECTS letter grade Resit: All components must, as a main rule, be retaken during next scheduled course |
Exam category: Submission Form of assessment: Written submission Invigilation Weight: 70 Grouping: Individual Support materials:
Duration: 3 Hour(s) Comment: 3-hour written examination under supervision Exam code: GRA31512 Grading scale: Point scale leading to ECTS letter grade Resit: All components must, as a main rule, be retaken during next scheduled course |
A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 6 ECTS credits corresponds to a workload of at least 160 hours.