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MSB102 Innovation Theory and Practice

Course description for academic year 2020/2021

Contents and structure

The main aim of this course is to provide the students with advanced knowledge on innovation and factors that inhibit and promote innovation milieus. The course focus on providing the students with tools to understand, analyze and develop such milieus both within organizations and in inter-organizational collaborations. Theories and organizational practices related to innovation processes, inter-organizational collaborations such as networks and clusters, spin-offs and accessing and utilizing external resources are key topics. Various innovation models for organizations, networks and places are presented, as well as theories on innovation systems 

Learning Outcome

Knowledge 

Upon completion of the course, the student: 

  • has advanced knowledge on innovation.  
  • has advanced knowledge of inter-organizational collaborations as innovative networks , clusters and the role of competencies when such milieus emerge.  
  • has advanced knowledge of factors that promote and inhibits innovation within organizations and in innovative milieus. 
  • can apply knowledge to new areas within academic fields related to innovation. 
  • can analyze academic problems on the basis of the distinctive characteristics and place in society and organizations of the innovation fields. 

  

Skills 

Upon completion of the course, the student can: 

  • analyze and deal critically with various sources of information and use them to structure and formulate scholarly arguments within the field of innovation and in particular on how to build strong innovation milieu through competence building, financing and networking.  
  • analyze existing theories, methods and interpretations in the field of innovation and work independently on practical and theoretical problems related to building an innovation milieu.  

  

General Competence 

Upon completion of the course, the students can:  

  • communicate extensive independent work and master language and terminology of the innovation field. 
  • communicate, analyze and conclude about academic issues in the field of innovation, and innovative milieus, to both specialists and the general public.  
  • contribute to new thinking and innovation processes.       
  • apply her/his knowledge and skills in new areas in order to carry out advanced assignments and projects. 

Entry requirements

Admission to Master`s Programme in Business 

Recommended previous knowledge

No additional requirements 

Teaching methods

Lectures reviewing and discussing the literature.  

Working seminars where students are expected to present selected articles and use the theories to analyze practical problems. In these seminars, we will also discuss how to write an essay. 

Compulsory learning activities

One mandatory written assignment included one oral presentation

Assessment

Exam in two parts: 

  1. Essay, in groups of two or three students (40% of the final assessment). 
  2. Written examination, 5 hours (60% of the final assessment).  

Grading scale is A-F where F is fail. 

Students have to achieve a passing grade in both parts in order to get a final grade for the course. 

Examination support material

Essay: All

Written School exam: None

More about examination support material

Course reductions

  • MOØ210 - Innovasjon og strategi - Reduction: 5 studypoints