GRA 6834 Business Development & Innovation Management
GRA 6834 Business Development & Innovation Management
Much of an organization's value creation - and certainly most of its competitive advantage - comes from innovation. Innovation can happen through changes in technology - how an organization does things - or in business models - how it gets paid. This course will explore theories and cases of innovation and technology evolution within a strategic context, as well as the more theoretical concepts of dynamic organizational capabilities.
The course aims to give the students a thorough understanding of strategic innovation management - how organizations change to adapt to changes in the external environment, evolve their technology, and understand the nature of technological change. After attending this course, the student will have learned to
- understand how technology develops and the drivers of technology evolution
- understand the concept of business models and business model innovation
- understand how industries are influenced by technological change and business model evolution
- understand the challenges involved in formulating strategic change and adapting an organization to external technological change, particularly disruptive change
- analyze technology-rich and complicated business cases and recommend strategic initiatives
- be able to identify disruptive innovations and formulate technology strategies to adopt or overcome them
- be able to identify obstacles to innovation and suggest ways to overcome them
- Critical reflection and thinking, developing technology and strategic insight
- Appreciation for the complexity of managing and introducing technologies
- recognize technology hype and hubris in all its varied an interesting forms
- have learned how to learn and keep learning about technological change
- Technology evolution and technology history
- Disruptive and sustaining technologies/innovations
- Entering new markets with technology
- Linking strategy and innovation
- Building strategic innovation capability
- Technology market structure and evolution
- Componentization and integration
- Industry structures and competitive environments in eBusiness
- Electronic markets and market facilitators
- Technology implementation and institutionalization
- The politics of technology and innovation
The course is structured as a combination of lectures, discussions, in-class activities, case analysis, and case discussion. Substantial preparation and active involvement during and between classes is required.
This course has a mandatory coursework requirement: 80% active participation. The coursework requirement must be approved to be able to sit for the exams.
The exam for this course has been changed starting academic year 2023/2024. The course now has two exam codes instead of one. It is not possible to retake the old version of the exam. Please note new exam codes in the Exam section of the course description.
It is the student’s own responsibility to obtain any information provided in class.
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.
| Mandatory coursework | Courseworks given | Courseworks required | Comment coursework |
|---|---|---|---|
| Mandatory | 1 | 1 | 80% active participation is required. Students are required not only to be present in the classroom, but also be prepared to discuss the cases and other literature specified for the lecture. |
| Assessments |
|---|
Exam category: Submission Form of assessment: Written submission Weight: 60 Grouping: Group/Individual (1 - 3) Duration: 1 Semester(s) Comment: Term paper, normally in the form of writing a teaching case Exam code: GRA 68342 Grading scale: ECTS Resit: Examination when next scheduled course |
Exam category: Submission Form of assessment: Written submission Weight: 40 Grouping: Individual Duration: 2 Week(s) Comment: Portfolio evaluation, based on various smaller, individual assignments such as online simulation, presentations and other, smaller assignments before some classes Exam code: GRA 68343 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.