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Module

NBS8498 : Managing for Innovation

  • Offered for Year: 2024/25
  • Module Leader(s): Dr Jungho Kim
  • Owning School: Newcastle University Business School
  • Teaching Location: Newcastle City Campus
Semesters

Your programme is made up of credits, the total differs on programme to programme.

Semester 2 Credit Value: 10
ECTS Credits: 5.0
European Credit Transfer System

Aims

The module focuses on the management of innovation and its value creation. It is designed to help students develop their entrepreneurial and creative problem solving capabilities in relation to the development of novel business opportunities based on innovation. The module analyses the impact of a variety of innovation activities and their dynamics in the business, market and strategy perspectives. We examine the determinants and mechanisms of innovation at the individual and organisational levels. A core objective of the module is to develop students’ ability to understand how a firm can create and capture value from innovation by using key resources and strategies needed to develop and transform innovation opportunity into feasible commercialisation and business development. Students will gain a better understanding of the importance of intra- and inter-firm collaboration during the innovation process and the extent to which successful firms are opening up their boundaries to different types of external partners in their innovation strategy. Through relevant case studies we explore the impact of innovation on technological and market performances and evaluate the benefits and limits that innovation activities and strategies entail.

Outline Of Syllabus

• Sources of innovation at different levels
• Value creation and capture in innovation
• Strategies of innovation management
• Open Innovation

Teaching Methods

Teaching Activities
Category Activity Number Length Student Hours Comment
Guided Independent StudyAssessment preparation and completion124:0024:00N/A
Scheduled Learning And Teaching ActivitiesLecture92:5025:30Planned as PIP, but can be delivered online
Guided Independent StudyDirected research and reading132:3032:30N/A
Scheduled Learning And Teaching ActivitiesDrop-in/surgery21:002:00N/A
Guided Independent StudyIndependent study116:0016:00N/A
Total100:00
Teaching Rationale And Relationship

Lectures supplement student reading to provide both theoretical and practical knowledge. In class discussions and activities enable students to develop their understanding through mutual learning.

Assessment Methods

The format of resits will be determined by the Board of Examiners

Other Assessment
Description Semester When Set Percentage Comment
Essay2M100Essay 3,000 words, undertaken independently
Formative Assessments

Formative Assessment is an assessment which develops your skills in being assessed, allows for you to receive feedback, and prepares you for being assessed. However, it does not count to your final mark.

Description Semester When Set Comment
Oral Presentation2MStudents prepare a presentation in preparation for their summative assignment essay on a current innovation question.
Assessment Rationale And Relationship

Lectures, readings and class discussions / activities are designed to help students develop the understanding and analytical skills needed to complete the assessment. The written assessment then tests the students individually to assess how well they have developed both their factual understanding of the topic and their skills in applying their knowledge.

Reading Lists

Timetable