Module

Innovation Management

Module description

Innovation is an essential element in determining and maintaining competitiveness, and in ensuring the long-term survival of enterprises. Without innovation and the adoption of new technology, the chances of a firm to be competitive in the world arena diminish. This module focuses on the interfaces between technology and innovation from managerial perspectives. The key objective is to provide students with a thorough understanding of the importance of innovation in firm’s business strategy as well as exploring the many different challenges facing managers responsible for the long term development of their business.

Confident Thinkers

  • You will develop knowledge and understanding of the main themes and contemporary issues in innovation management.

Determined Creators

  • You will be able to develop and defend a logical well developed critical argument and to apply the knowledge and skills to a variety of real life business scenarios.

Ambitious Enquirers

  • Through the use of case materials you will be able to engage yourselves in analysing innovative firms and make logical and informed recommendations.

Full module specification

Module title:Innovation Management
Module code:BEMM178
Module level:M
Academic year:2021/2
Module lecturers:
  • Professor Nazrul Islam - Convenor
Module credit:15
ECTS value:

7.5

Pre-requisites:

N/A

Co-requisites:

N/A

Duration of module: Duration (weeks) - term 1:

11

Module aims

This module develops student’s basic understanding and awareness of the process, principles and practices which are the building blocks of innovation. The core elements of innovation will be explored in relation to different business types. In addition, the module will develop students’ ability/skills to approach and analyse a variety of innovation management topics. This module aims to provide students with an understanding of how they, as future leaders of innovative organisations, can recognise and harness innovation, and create and enhance competitive advantage. Regular case analysis and feedback is used to provide formative assessment of students’ progress in both understanding theory and developing cognitive skills.

ILO: Module-specific skills

  • 1. critically discuss the importance of technological change and the impact of innovation on firms.
  • 2. discuss the tools and techniques of innovation management within a variety of business scenarios.

ILO: Discipline-specific skills

  • 3. justify the use of specific management behaviours and factors in supporting and sustaining innovative cultures across different types of businesses.
  • 4. evaluate market led, and internally driven innovation, and explore the effective management of sustainable innovation in the context of competition.

ILO: Personal and key skills

  • 5. present competent and persuasive analysis of the contribution of innovation to business performance.
  • 6. demonstrate independent research and study skills and present analytical findings in written and oral formats.

Learning activities and teaching methods (given in hours of study time)

Scheduled Learning and Teaching ActivitiesGuided independent studyPlacement / study abroad
211290

Details of learning activities and teaching methods

CategoryHours of study timeDescription
Scheduled Learning and Teaching Activity11Lectures (11 x 1 hour)
Scheduled Learning and Teaching Activity10Workshops (10 x 1 hour)
Guided Independent Study29Preparation and reading / writing for project proposal and workshop
Guided Independent Study100Research for and writing of final project report

Formative assessment

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
Small group presentations on innovation case - Regular verbal feedback on in-class presentations online and discussions2 groups x 20 min presentation and Q&A1-6Verbal feedback from tutor

Summative assessment (% of credit)

CourseworkWritten examsPractical exams
10000

Details of summative assessment

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
Individual project report1004,000 words1-6Assessment grade: Written feedback from tutor
0
0
0
0
0

Details of re-assessment (where required by referral or deferral)

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
Individual project report (100%)Re-work and re-submit individual project report, 4,000 words (100%)1-6August/September Reassessment Period

Syllabus plan

  • Introduction – Importance of innovation to firms, key concepts, categories, and sources of innovation
  • Context of leading innovation – how significant the collaboration is and how to acquire technology and other resources for a core business process
  • Tools and techniques for managing innovation
  • Managing innovation process - Systems and strategies of innovation – Exploring innovation systems in different contexts
  • Contemporary aspects of innovation – Innovation case analysis
  • New product/service development and business models innovation

NB: The title, ordering and specific content of these lectures may vary according to the emergence of new topics in the field.

Indicative learning resources - Basic reading

Indicative reading: Basic/Core text
- Tidd, J. & Bessant, J. (2018). Managing Innovation: Integrating Technological, Market and Organizational Change, 6th Ed., Wiley: New Jersey.
- Trott, P. (2016). Innovation Management and New Product Development, 6th Ed., Prentice Hall: London.

Supplementary journal reading:
- Technological Forecasting and Social Change, https://www.journals.elsevier.com/technological-forecasting-and-social-change
- Technovation, https://www.journals.elsevier.com/technovation
- Journal of Product Innovation Management, https://onlinelibrary.wiley.com/journal/15405885
- Research Policy, https://www.journals.elsevier.com/research-policy

Module has an active ELE page?

Yes

Indicative learning resources - Web based and electronic resources

  • ELE based discussion forums
  • Various journal articles – contemporary innovation issues from a variety of relevant publications  
  • Case studies which will require in-depth analysis for in-class presentation activities

Origin date

14/02/2020

Last revision date

27/08/2020