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Innovation

  • Module code: BS6701
  • Year: 2018/9
  • Level: 6
  • Credits: 30
  • Pre-requisites: None
  • Co-requisites: None

Summary

Innovation acts as a key driver for economic growth providing social and economic benefits for local, national and international communities. Without innovation, our social and economic systems do not function! This module encourages you to understand how innovation actually happens by carrying out a practical innovation audit within a large established organisation. You will identify critical issues and skills needed to achieve entrepreneurially driven innovation. Since employers are seeking creative students who are able to initiate and participate in innovation activity, this module will enhance your employability in the wider world of work.

Aims

  • To develop students' appreciation of the significance and role of creativity, entrepreneurship and innovation in organisations, our societies and economies today.
  • To give students the knowledge, concepts and skills to be able to successfully participate in innovation, whatever the organisational context.
  • To develop a critical appreciation of how governments can foster innovation in organisations by creating and maintaining a National System of Innovation through policy measures taken.

Learning outcomes

  • To develop students' appreciation of the significance and role of creativity, entrepreneurship and innovation in organisations, our societies and economies today.
  • To give students the knowledge, concepts and skills to be able to successfully participate in innovation, whatever the organisational context.
  • To develop a critical appreciation of how governments can foster innovation in organisations by creating and maintaining a National System of Innovation through policy measures taken.

Curriculum content

Semester One:

  • Innovation in national and global contexts
  • National systems/ecosystems of innovation
  • Theories of innovation
  • Sources of innovation
  • Open innovation and strategic alliances
  • Innovation finance
  • Market adoption
  • Commercialisation and innovation diffusion
  • Disruptive innovation
  • Creative industries
  • Frugal innovation and emerging economies

Semester Two:

  • Sociocultural and individualistic theories of creativity and innovation
  • Innovation as a management process
  • New product and service development
  • Innovation strategies
  • Leadership and organisation of innovation
  • Business models and capturing value
  • Users as innovators
  • Social Innovation
  • Exploiting discontinuous innovation
  • Sustainability and innovation

Teaching and learning strategy

Scheduled teaching and learning is through a combination of lectures and practical sessions. Lectures will be used to introduce topics and generate debate, as well as providing the opportunity for participatory learning by means of case studies and exercises. Online materials will provide access to both theory and topics. They will also guide students in directed reading and in preparation of peer group web based discussions. Use of Canvas will aid reflection and will be supported by appropriate online contact with the module leader or tutor.

Breakdown of Teaching and Learning Hours

Definitive UNISTATS Category Indicative Description Hours
Scheduled learning and teaching A combination of lectures and practical sessions 66
Guided independent study 234
Total (number of credits x 10) 300

Assessment strategy

Assessment is based upon individual coursework: 

  • An individual portfolio of work (100% of the module mark)

The individual portfolio (4,500 words in total) comprises tasks that enable the student to focus on an industry and identify key industry innovation players, and to report on the innovation activity within specific companies operating in the chosen industries. Program of assessments additionally reflects in-class participation and engagement.

Opportunities for formative assessment methods will arise during in-class discussion and debate during lectures and at the practical sessions. 

Mapping of Learning Outcomes to Assessment Strategy (Indicative)

Learning Outcome Assessment Strategy
1. Demonstrate knowledge and understanding of the importance of creativity, entrepreneurship and innovation to national industrial, economic and social development across all types of organisation: private, public, and not-for-profit sectors, large and small organisations. Individual portfolio
2. Formulate and articulate appropriate questions based on theory to determine the type and level of innovation activity in a live organisation using learning from class and personal study in a professional manner. Individual portfolio
3. Identify and critically assess an organisation's innovation policy and the components of the innovation management process across an organisation, demonstrating an ability to apply theory in practice. Individual portfolio
4. Actively engage in innovation policy and process as a future manager within an organisation. Individual portfolio

Elements of Assessment

Description of Assessment Definitive UNISTATS Categories Percentage
Individual portfolio Coursework 100%
Total (to equal 100%) 100%

Achieving a pass

It IS a requirement that the element of assessment is passed in order to achieve an overall pass for the module.

Bibliography core texts

Latest editions of:

Bessant, J. and Tidd, J. Innovation and Entrepreneurship, Chichester: John Wiley & Sons.

Trott, P. Innovation Management and New Product Development, Harlow: Pearson Education Limited.

Bibliography recommended reading

Drucker, P.F. (2002) 'The Discipline of Innovation', Harvard Business Review, 80(8), pp. 95-103.

Stevenson, H. H. and Gumpert, D. E. (1985) 'The Heart of Entrepreneurship', Harvard Business Review, 63(2), pp. 85 - 94

Stevenson, H. H. and Jarillo, J. C. (1990) 'A Paradigm of Entrepreneurship: Entrepreneurial Management', Strategic Management Journal: Special Edition Corporate Entrepreneurship, 11, pp. 17-27.

Recommended Key Sources Accessible via the Internet 

Open innovation Network

Collaborate to Innovate 

NESTA  

UK Government Department BIS 

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