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Innovation Management & Entrepreneurship Masters (MSc)

Innovation Management & Entrepreneurship (MSc)

Mode Duration Start date
Full time 1 year September 2020
Full time 2 years including professional placement September 2020

Innovation Management & Entrepreneurship (policy) (MSc)

Mode Duration Start date
Full time 1 year September 2020
Full time 2 years including professional placement September 2020

Choose Kingston's Innovation Management & Entrepreneurship MSc

Why choose this course?

Innovative thinking and entrepreneurial behaviour in a global economy are in the DNA of the MSc Innovation Management and Entrepreneurship at Kingston Business School. You will develop and utilise your creativity and problem solving skills and lead others on starting, growing and managing successfully innovative firms. You will benefit from being part of a cohort of students from all over the world, and will graduate into a  strong global alumni network. You will have the unique opportunity to immerse into experientialvisits and get hands-on experience meeting with outstanding entrepreneurs, high-growth start-ups, global creativity hubs and investors.

What will you study?

This course provides you with the knowledge and experience of the key issues of innovation and entrepreneurship. The course emphasises the analysis and practical application of the key issues surrounding innovation management and entrepreneurship, including:

  • management systems for innovation projects;
  • leadership and entrepreneurial behaviour;
  • lean start-up techniques;
  • deep customer insights approaches;
  • entrepreneurial funding and financing;
  • strategies for growth and internationalisation; and
  • policy interventions for supporting entrepreneurship innovation and economic growth at a regional and national level.

Key features

Assessment

Individual and group coursework, time-constrained coursework and research project that reflects real business situations or exploration of entrepreneurship, innovation or policy research topics.

Career prospects

You will have the opportunity to enhance your employability skills through the practical relevance of the modules, the strong networks with the industry practitioners, the exposure to external entrepreneurial competitions, the Kingston Business School networking events and the Kingston Business School careers and employability services. You will participate in "Lead Yourself" employability sessions (such as certified personality tests, CV writing, Preparation for an Interview and others). You will enhance your emotional and social skills as requested by employers across the world (World Economic Forum Report, 2018).

You will graduate ready to either start your own business or work as an innovation manager, innovation consultant, chief innovation officer, business development or product manager in start-ups, SMEs, multinational organisations, governmental organisations, embassies and NGOs.

Work placement scheme

As part of this course you can do a 12-month work placement in the UK. The responsibility for finding the work placement is with the student; we cannot guarantee the work placement, just the opportunity to undertake it. As the work placement is an assessed part of the course, it is covered by a student's tier 4 visa.

Invoicing on the placement courses is split into two stages. The standard course fee is payable in year 1 with the placement fee invoiced in year 2. Therefore, students starting in September 2018 would therefore be charged the placement fee of £1,230 in September 2019. Students commencing the course in September 2019 will be invoiced the placement fee in 2020 (provisionally £1,350).

This amount will only be charged to your account after you find a placement and are enrolled on the module. You will not be charged this fee if you do not manage to secure a work placement.

Find out more about the postgraduate work placement scheme.

Course structure

This course provides you with the knowledge and experience of the key issues of innovation and entrepreneurship. The course emphasises the analysis and practical application of the key issues surrounding innovation management and entrepreneurship, including:

  • management systems for innovation projects;
  • leadership and entrepreneurial behaviour;
  • lean start-up techniques;
  • deep customer insights approaches;
  • entrepreneurial funding and financing;
  • strategies for growth and internationalisation; and
  • policy interventions for supporting entrepreneurship innovation and economic growth at a regional and national level. 

Please note that this is an indicative list of modules and is not intended as a definitive list. Those listed here may also be a mixture of core and optional modules.

Modules

  • Organisations with a strong, consistent and successful focus on managing innovation outperform their competitors in terms of growth and financial performance. Innovation management requires special knowledge and skills, which are different to standard strategic management theories and practices. Innovative companies often need to raise capital from external sources because they do not have sufficient internal resources or cannot access loans. They typically look for venture capital or business angels to provide them with the financing they need to expand, break into new markets, and grow faster. Innovative companies famous for receiving venture capital or business angel funding early in their development include Apple, Microsoft, Google and Amazon. Recently, the explosion of crowdfunding platforms has signalled a new era for the innovation finance industry.

    This module introduces you to the main concepts and management tools for innovation activities and analyses all stages of the entrepreneurial funding ladder for innovative companies. It examines the main forms of entrepreneurial finance and the investment process; how private equity and venture capital funds, business angels and crowdfunding platforms work; how firms become investment ready, raise external finance and how to they finally exit. You also learn about wider framework conditions that have a bearing on business innovation, including availability of entrepreneurial finance, public policies and agencies promoting innovation.

    The aim of this module is to:

    • develop an understanding of the role and relevance of innovation activities in an organisational context;
    • enable you to reflect productively on your individual and team capacities to act as innovation managers in identifying and exploiting opportunities, developing entrepreneurial / intrapreneurial management behaviours and skills whilst coping with uncertainty, risks and complexity;
    • develop in-depth knowledge of the entrepreneurial finance industry including private equity, venture capital, business angels and crowdfunding, including a good understanding on how such instruments differ from other types of corporate finance;
    • understand the decision-making process with respect to screening and selecting of business proposals, negotiating and structuring the deal, following up on investments, and exiting; and
    • enhance and develop key skills in pitching to venture capitalists and develop an appreciation on the evaluation of business opportunities from a VC point of view. To further learn how VCs structure deals, monitor and add value to their portfolio companies.
     
  • The module introduces the concepts of entrepreneurship and business growth and provides an opportunity to begin exploring their practice, particularly in relation to innovative businesses. Entrepreneurship is defined as a set of behaviours and also as process through which opportunities are discovered, evaluated and exploited. Once a new venture is created however, a major challenge faced by many entrepreneurs is how to grow their new businesses using different growth strategies, in order to ensure the survival and long-term sustainability of the new enterprises. The importance of entrepreneurship and business growth is underlined in national and international policy initiatives in both advanced and developing countries. You will learn about issues related to sustainable development and business ethics, particularly in the areas of entrepreneurship. The module covers entrepreneurship not just in the developed countries but also in developing countries. Therefore, case studies, videos and examples will be drawn from entrepreneurs and entrepreneurial organisations in different parts of the developing world, such as India, China, Nigeria, Kenya and other developing countries. Through this module you will explore and develop your own entrepreneurial capabilities including creative problem solving, idea exploration, business model and development of growth strategies. Entrepreneurship and growth are relevant to all types of organisations and environment - public sector, not-for-profit and for-profit, small and large businesses, so the module is relevant to students from different backgrounds and motivations.

     
  • The success of an organisation depends on the ability to make fast, widely supported and high quality decisions on a frequent basis. Many of such decisions affect the long-term ability of the organisation to succeed and remain sustainable. Management, Strategy and International Entrepreneurship is a module that involves studying a mixture of processes by which social and economic organisations assimilate and process information as well as interpret and make decisions within their environments. These decisions tend to involve imitating their competitors or differentiating themselves from them. Contemporary strategic decisions tend to involve learning, flexibility and adaptation rather than rigid, mechanistic processes of their planning era. Students will learn about issues related to sustainable development and business ethics, particularly in the areas of management, strategy and international entrepreneurship. The strategic decision making issues will be covered in the module both in the contexts of advanced and developing countries. Therefore, case studies and examples will be drawn from organisations in different international contexts.

     
  • This module aims to give you the knowledge and understanding of creative and business behaviours necessary for developing a product/service and establishing an innovative multidisciplinary business enterprise. You will work in teams to set up a business. Business mentors will be available to coach the teams.

    The aim of this module is to:

    • critically evaluate and apply design thinking practices into new enterprise ventures;
    • gain first-hand experience of managing and developing a start-up business through multidisciplinary collaboration including management and leadership theories in the context of the creative economy;
    • develop a professional presence through social media; and
    • critically reflect and apply the entrepreneurial and social media skills learnt through the venture to future career goals including creative and innovative individual leading capabilities.
     
  • This module provides you with the opportunity to research a specific area of start-up venture, established organization, policy instrument or program linked to entrepreneurship, innovation and small business development. It involves the identification of a research question which merits investigation using appropriate theory and research methods in order to be able to make sound, evidence-based, managerial recommendations. You will write a research proposal followed by a research project, combining academic rigour with practical implications. This will be a theoretically-grounded and scientific research project leading to findings that will inform policy making decisions.

    You will have the opportunity to apply research skills, as well as acquire capabilities for independently managing a large-scale research project. The module also enables you to draw together and implement the knowledge and skills gained in other modules of the course. The module will aid you in developing and practising a set of advanced research skills which will equip you for making sound business plans for start-up venture, or established firms; or policy interventions in the area of entrepreneurship and innovation underpinned by objectively determined evidence.

     

Policy pathway modules

  • Entrepreneurship and innovation play a vital role in a country's economic development and growth. Several countries (e.g. Japan, Singapore and Israel) and cities (e.g. Dubai) have experienced dramatic growth as a result of their sustained efforts to promote entrepreneurship and innovation via value-creating industries, products, services and jobs. However, increased innovation performance of a country or a region does not happen in a vacuum. Multilateral organisations (such as the European Union and the World Bank) and governments from around the world have been increasingly exploring ways of increasing entrepreneurship and innovation levels through policy measures and programmes. The module will examine the fiscal and non-fiscal policy measures employed by countries and regions to stimulate innovation such as tax incentives, regulation, financial incentives for investments in start-ups and R&D, and programs such as innovation vouchers, the Small Business Innovation Research (SBIR) program in the United States and the SMEs Financial Instrument in the European Union.

     
  • The module introduces the concepts of entrepreneurship and business growth and provides an opportunity to begin exploring their practice, particularly in relation to innovative businesses. Entrepreneurship is defined as a set of behaviours and also as process through which opportunities are discovered, evaluated and exploited. Once a new venture is created however, a major challenge faced by many entrepreneurs is how to grow their new businesses using different growth strategies, in order to ensure the survival and long-term sustainability of the new enterprises. The importance of entrepreneurship and business growth is underlined in national and international policy initiatives in both advanced and developing countries. You will learn about issues related to sustainable development and business ethics, particularly in the areas of entrepreneurship. The module covers entrepreneurship not just in the developed countries but also in developing countries. Therefore, case studies, videos and examples will be drawn from entrepreneurs and entrepreneurial organisations in different parts of the developing world, such as India, China, Nigeria, Kenya and other developing countries. Through this module you will explore and develop your own entrepreneurial capabilities including creative problem solving, idea exploration, business model and development of growth strategies. Entrepreneurship and growth are relevant to all types of organisations and environment - public sector, not-for-profit and for-profit, small and large businesses, so the module is relevant to students from different backgrounds and motivations.

     
  • The success of an organisation depends on the ability to make fast, widely supported and high quality decisions on a frequent basis. Many of such decisions affect the long-term ability of the organisation to succeed and remain sustainable. Management, Strategy and International Entrepreneurship is a module that involves studying a mixture of processes by which social and economic organisations assimilate and process information as well as interpret and make decisions within their environments. These decisions tend to involve imitating their competitors or differentiating themselves from them. Contemporary strategic decisions tend to involve learning, flexibility and adaptation rather than rigid, mechanistic processes of their planning era. Students will learn about issues related to sustainable development and business ethics, particularly in the areas of management, strategy and international entrepreneurship. The strategic decision making issues will be covered in the module both in the contexts of advanced and developing countries. Therefore, case studies and examples will be drawn from organisations in different international contexts.

     
  • This module provides you with the opportunity to research a specific area of start-up venture, established organization, policy instrument or program linked to entrepreneurship, innovation and small business development. It involves the identification of a research question which merits investigation using appropriate theory and research methods in order to be able to make sound, evidence-based, managerial recommendations. You will write a research proposal followed by a research project, combining academic rigour with practical implications. This will be a theoretically-grounded and scientific research project leading to findings that will inform policy making decisions.

    You will have the opportunity to apply research skills, as well as acquire capabilities for independently managing a large-scale research project. The module also enables you to draw together and implement the knowledge and skills gained in other modules of the course. The module will aid you in developing and practising a set of advanced research skills which will equip you for making sound business plans for start-up venture, or established firms; or policy interventions in the area of entrepreneurship and innovation underpinned by objectively determined evidence.

     
  • This module aims to give you the knowledge and understanding of creative and business behaviours necessary for developing a product/service and establishing an innovative multidisciplinary business enterprise. You will work in teams to set up a business. Business mentors will be available to coach the teams.

    The aim of this module is to:

    • critically evaluate and apply design thinking practices into new enterprise ventures;
    • gain first-hand experience of managing and developing a start-up business through multidisciplinary collaboration including management and leadership theories in the context of the creative economy;
    • develop a professional presence through social media; and
    • critically reflect and apply the entrepreneurial and social media skills learnt through the venture to future career goals including creative and innovative individual leading capabilities.
     

Optional year 2

  • The Professional Placement module is a core module for those students following a Master's programme that incorporates an extended professional placement that follows completion of the first 180 credits of taught modules and project or dissertation. It provides students with the opportunity to apply their knowledge and skills in an appropriate working environment, and to develop and enhance key employability skills and subject specific skills in their chosen subject.

    It is the responsibility of individual students to locate and secure a suitable placement opportunity; this will normally involve one placement which must be completed over a minimum period of 10 months and within a maximum of 12 months. The placement must be approved by the module leader prior to commencement to ensure its suitability.

     

You will have the opportunity to study a foreign language, free of charge, during your time at the University as part of the Kingston Language Scheme. Options currently include: Arabic, French, German, Italian, Japanese, Mandarin, Portuguese, Russian and Spanish.

We aim to ensure that all courses and modules advertised are delivered. However in some cases courses and modules may not be offered. For more information about why, and when you can expect to be notified, read our Changes to Academic Provision.

Regulations governing this course are available here

Details of term dates for this course can be found here

Contact our admissions team

Submit an enquiry

020 3308 9929*

*Calls cost 7p per minute from a UK landline plus your phone company's access charge. Calls to this number from mobiles are normally deductible from your inclusive minutes.

Location

This course is taught at Kingston Business School

View Kingston Business School on our Google Maps

Contact our admissions team

Submit an enquiry

020 3308 9929*

*Calls cost 7p per minute from a UK landline plus your phone company's access charge. Calls to this number from mobiles are normally deductible from your inclusive minutes.

Location

This course is taught at Kingston Business School

View Kingston Business School on our Google Maps
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