MOØ239 Innovation and strategy

Contents and structure

In today's rapidly evolving world, innovation and strategic thinking 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 innovation and strategy. Students will explore diverse theories related to innovation and strategy and gain insights into how these concepts work together to create value and drive change.

Students will acquire practical tools for analysis and decision-making, focusing on questions such as how to build innovation capacity in different types of organizations, what resources are necessary, and how to foster an environment conducive to innovation. The course covers frameworks, management practices, and organizational structures that are effective in today's innovative landscape.

Central to the course's teaching approach is interactive learning, with a strong emphasis on case studies and workshops. This hands-on, student-centric 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 life. The aim is to build not just knowledge and skills but also to foster a deeper, personal engagement with the material, preparing students to navigate and address the complexities of the modern world through innovative and strategic thinking.

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 various theoretical perspectives, key concepts, tools and methods in the areas of innovation and strategy
• 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-creationh

Skills

The student

• can critically assess, identify and adeptly apply relevant theories and models for innovation and strategy in innovation work and processes
• can conduct thorough analyses of key elements in an innovation project, effectively communicate findings, and collaborate constructively with peers and stakeholders
• can integrate and synthesize various concepts, employing frameworks effectively during activity-based learning to develop innovative solutions

General competence

The student

• has advanced theoretical knowledge and can apply such knowledge to propose solutions to practical problems in innovation and strategy
• can collaborate, communicate and contribute to strategic innovation in different types of organizations
• has developed a critical approach to understanding and applying innovation and strategy models and theories

Entry requirements

Admission to the master's programme in Innovation and management

Teaching methods

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

Compulsory learning activities

Students must complete two group-based assignments (pass/fail assessment). Students must receive a pass on both assignments to be eligible for the exam.

Assessment

Group-based term paper that accounts for 60% of the final grade (grade scale A-F).

Individual 20 minute oral exam that accounts for 40% of the final grade (grade scale A-F).

Examination support material

None

More about examination support material

Course reductions

• MOØ210 - Innovasjon og strategi - Reduction: 7.5 studypoints