MOØ239 Strategic management of innovation

Contents and structure

In today's rapidly evolving world, strategic thinking and innovation management are crucial not only for corporate success but also for addressing the complex challenges facing our society. This course equips students with a comprehensive understanding of both theoretical and practical aspects of strategic innovation management. Students will explore diverse theories and gain insights into how these concepts work together to create value and drive change.

Students will acquire practical tools for strategic analysis and decision-making, focusing on questions such as how to build innovation capacity, how to design and execute strategies for value creation, and what resources and capabilities are required for sustainable competitive advantage.

Central to the course's teaching approach is interactive learning, with a strong emphasis on case studies and workshops. This hands-on, student-centered pedagogy allows for the direct application of theoretical concepts to real-world settings, encouraging students to identify and relate these concepts to practical examples from their everyday lives. The aim is to build analytical and decision-making skills while fostering the ability to connect strategic and innovative thinking in solving complex problems.

Learning Outcome

After completing this course, the student will have the following total learning outcomes defined in knowledge, skills and general competancecompetence:

Knowledge

The student

• has advanced knowledge of theoretical perspectives, key concepts, tools, and methods in the areas of strategic management and innovation
• can understand and identify strategic opportunities for innovation and value creation
• has knowledge of the principles and practices of responsible innovation, including strategic cooperation and co-creation

Skills

The student

• can critically assess, identify, and apply relevant theories and models for strategic management and innovation
• can conduct thorough analyses of key strategic and innovation-related elements, communicate findings effectively, and collaborate constructively with peers and stakeholders
• can integrate and synthesize concepts from strategy and innovation, employing analytical frameworks to develop and justify strategic recommendations

General competence

The student

• has advanced theoretical knowledge and can apply this knowledge to propose solutions to practical problems related to the strategic management of innovation
• can collaborate, communicate, and contribute to strategic innovation in organizations
• has developed a critical approach to understanding and applying models and theories

Entry requirements

None

Teaching methods

The course uses a combination of traditional theory and research-based lectures and contemporary, interactive learning activities.

Compulsory learning activities

Students must attend and actively participate in three seminars where elements of the group-based portfolio are presented and discussed.

Assessment

A group-based portfolio assignment accounts for 40% of the final grade (A-F).

An individual 20-minute oral exam accounts for 60% of the final grade (A-F).

Examination support material

Group-based portfolio: all available

Oral exam: none

More about examination support material