GRA 3151 Foundations of Innovation and Corporate Entrepreneurship

GRA 3151 Foundations of Innovation and Corporate Entrepreneurship

Course code: 
GRA 3151
Department: 
Strategy and Entrepreneurship
Credits: 
6
Program of study: 
Master of Science in Business
Course coordinator: 
Alessandra Luzzi
Product category: 
Master
Portfolio: 
MSc in Entrepreneurship and Innovation
Semester: 
2019 Autumn
Active status: 
Active
Teaching language: 
English
Course type: 
One semester
Introduction

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.

Learning outcomes - Knowledge

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.

Learning outcomes - Skills

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.

General Competence

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.

Course content
  • 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
    • Innovation Networks and process perspectives on innovation
    • 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)
Teaching and learning activities

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.

Software tools
No specified computer-based tools are required.
Additional information

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.

Qualifications

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 spesific prerequisites and will assume that students have followed normal study progression. For double degree and exchange students, please note that equivalent courses are accepted.

Exam categoryWeightInvigilationDurationSupport materialsGroupingComment exam
Exam category:
Activity
Form of assessment:
Class participation
Exam code:
GRA31512
Grading scale:
Point scale
Grading rules:
Internal examiner
Resit:
All components must, as a main rule, be retaken during next scheduled course
20No1 Semester(s)Individual Students involvement through group work and class discussion
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
GRA31512
Grading scale:
Point scale
Grading rules:
Internal and external examiner
Resit:
All components must, as a main rule, be retaken during next scheduled course
80Yes3 Hour(s)
  • Bilingual dictionary
Individual 3-hour written examination under supervision
Exams:
Exam category:Activity
Form of assessment:Class participation
Weight:20
Invigilation:No
Grouping (size):Individual
Support materials:
Duration:1 Semester(s)
Comment:Students involvement through group work and class discussion
Exam code:GRA31512
Grading scale:Point scale
Resit:All components must, as a main rule, be retaken during next scheduled course
Exam category:Submission
Form of assessment:Written submission
Weight:80
Invigilation:Yes
Grouping (size):Individual
Support materials:
  • Bilingual dictionary
Duration:3 Hour(s)
Comment:3-hour written examination under supervision
Exam code: GRA31512
Grading scale:Point scale
Resit:All components must, as a main rule, be retaken during next scheduled course
Type of Assessment: 
Continuous assessment
Grading scale: 
ECTS
Total weight: 
100