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 innovative 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 a firm’s business strategy as well as exploring the many different challenges facing managers responsible for the long-term development of their business.
- You will develop knowledge and understanding of the main themes and contemporary issues in innovation management.
- 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.
- Using 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|
|Duration of module:||
Duration (weeks) - term 1: |
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 diverse 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 Activities||Guided independent study||Placement / study abroad|
Details of learning activities and teaching methods
|Category||Hours of study time||Description|
|Scheduled Learning and Teaching Activity||11||Lectures (11 x 1 hour)|
|Scheduled Learning and Teaching Activity||5||Workshops (5 x 1 hour)|
|Guided Independent Study||25||Preparation for workshop|
|Guided Independent Study||107||Research for and writing of final project report|
|Form of assessment||Size of the assessment (eg length / duration)||ILOs assessed||Feedback method|
|Small group presentations on innovation topic - Regular verbal feedback on in-class presentations online and discussions||4 groups x 10-12 min presentation and Q&A||1-6||Verbal feedback from tutor|
Summative assessment (% of credit)
|Coursework||Written exams||Practical exams|
Details of summative assessment
|Form of assessment||% of credit||Size of the assessment (eg length / duration)||ILOs assessed||Feedback method|
|Individual project report||100||4,000 words||1-6||Assessment grade: Written feedback from tutor|
Details of re-assessment (where required by referral or deferral)
|Original form of assessment||Form of re-assessment||ILOs re-assessed||Timescale for re-assessment|
|Individual project report (100%)||Re-work and re-submit individual project report, 4,000 words (100%)||1-6||August/September Reassessment Period|
- 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
- Theories and frameworks for managing innovation
- Managing innovation process – Exploring innovation systems in different contexts
- Contemporary aspects of innovation – Innovation case analysis
- New product/service development and business models innovation
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?
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
Last revision date