GRA 3151 Foundations of Innovation and Corporate Entrepreneurship
GRA 3151 Foundations of Innovation and Corporate Entrepreneurship
This course introduces students to different frameworks for understanding concepts and principles in innovation theory, research and practice. The course aims at providing an understanding of the different aspects of the dynamics of innovation in the market, innovation process at the firm level and its relationship with economic growth and welfare.
The course will integrate dominant innovation theories, applied cases and insights from the entrepreneurial and innovation ecosystem in the Oslo region.
Through theoretical and applied perspectives, the students should during the course have acquired knowledge on how innovation evolves and is adopted in the market, why and how different types of innovations happen, how innovation can be appropriated and how it creates value at the firm level but also at a broader aggregate level, how innovation policy should trigger innovation . They should understand aspects of the process through which innovation occurs. These perspectives should give insights to what influences innovation and how this in turn influences competitive advantage and growth.
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 at the firm level and within a larger ecosystem.
- Dynamics of innovation
- technology evolution
- technology adoption
- dynamics of product competition
- Processes of innovation at the firm level
- Value Creation and Value Capture
- Ambidexterity
- Exploration and Exploitation
- Capabilities for Innovation
- Types of innovation
- Management of Innovation
- Innovation Models and Processes
- Role and effects of innovation at the more macro level
- Innovation Policy
- Several frameworks for innovation policy (including more recent focus on Sustainability and Transformative change)
- When possible, seminar and group exercise at the Norwegian Research Council (with students from other institutions)
The course will be carried out through lectures, class discussion and group work on applied cases/exercises. The lectures will be carried out with the expectation of a relatively high degree of student involvement through group work and class discussions. As part of the course workload, the students will be exposed to the entrepreneurship and innovation ecosystems in the Oslo region.
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.
All parts of the assessment must be passed in order to get a grade in the course.
The examination for this course has been changed starting academic year 23/24. It is not possible to resit the old version of the examination.
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.
Disclaimer
Deviations in teaching and exams may occur if external conditions or unforeseen events call for this.
| Assessments |
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Exam category: Submission Form of assessment: Written submission Weight: 40 Grouping: Individual Duration: 1 Semester(s) Comment: Collection of group and individual assignments given throughout the semester. The final collection is submitted and graded individually. Exam code: GRA 31513 Grading scale: ECTS Resit: Examination when next scheduled course |
Exam category: Submission Form of assessment: Written submission Invigilation Weight: 60 Grouping: Individual Support materials:
Duration: 3 Hour(s) Comment: 3-hour written examination under supervision Exam code: GRA 31514 Grading scale: ECTS Resit: Examination when next scheduled course |
All exams must be passed to get a grade in this 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.